saudi arabia annual report 2021 Zakat Foundation

Zakat Foundation saudi arabia annual report 2021

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Zakat Foundation™ Saudi Arabia Releases Annual Report 2021: A Testament to Humanitarian Efforts

Zakat Foundation™ Saudi Arabia, a prominent charitable organization dedicated to alleviating poverty and improving the lives of those in need, has released its Annual Report for 2021, showcasing its remarkable humanitarian efforts and achievements throughout the year. The report provides a comprehensive overview of the organization's initiatives, projects, and impact, highlighting its commitment to fulfilling the principles of Zakat and Sadaqah (voluntary charity) in Saudi Arabia and beyond.

One of the key highlights of the Annual Report is the impressive scale of Zakat Foundation™ Saudi Arabia's operations in 2021. The organization disbursed over 3 billion Saudi Riyals (equivalent to approximately 800 million US dollars) to support various humanitarian and developmental programs, benefiting millions of people in need. This significant contribution reflects the organization's unwavering dedication to addressing poverty, health, education, and social welfare challenges faced by vulnerable individuals and communities.

The Annual Report also provides a detailed breakdown of the diverse programs and projects implemented by Zakat Foundation™ Saudi Arabia in 2021. These initiatives spanned multiple sectors, including healthcare, education, water and sanitation, orphan care, economic empowerment, and disaster response. The organization's efforts were aimed at providing sustainable solutions and creating lasting positive impacts on the lives of beneficiaries, in line with its vision of a world free from poverty and suffering.

Furthermore, the Annual Report highlights Zakat Foundation™ Saudi Arabia's continued focus on strategic partnerships and collaborations to maximize its impact. The organization collaborated with local and international partners, including government entities, NGOs, and philanthropic organizations, to leverage resources, expertise, and networks for the greater good. These partnerships enabled Zakat Foundation™ Saudi Arabia to extend its reach, enhance program quality, and amplify its efforts to address critical social challenges.

The Annual Report also sheds light on the organization's commitment to transparency and accountability. Zakat Foundation™ Saudi Arabia follows rigorous governance and monitoring mechanisms to ensure that its resources are utilized efficiently and effectively. The report provides detailed financial statements, audited by reputable firms, that demonstrate the organization's responsible financial management and stewardship of donor funds. This commitment to transparency and accountability further strengthens the trust and confidence of donors, partners, and beneficiaries in Zakat Foundation™ Saudi Arabia's work.

As the world continues to grapple with unprecedented challenges, including the ongoing COVID-19 pandemic and its socio-economic impacts, the Annual Report showcases Zakat Foundation™ Saudi Arabia's agility and resilience in responding to emerging needs. The organization swiftly adapted its programs and operations to address the evolving humanitarian landscape, while upholding its core values of compassion, equity, and social justice.

In conclusion, Zakat Foundation™ Saudi Arabia's Annual Report for 2021 is a testament to the organization's unwavering commitment to humanitarian efforts and its significant impact on vulnerable communities. Through its diverse programs, strategic partnerships, transparent governance, and responsive approach, Zakat Foundation™ Saudi Arabia continues to make a meaningful difference in the lives of those in need, exemplifying the spirit of Zakat and Sadaqah in Saudi Arabia and beyond.

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Zakat Foundation saudi arabia annual report 2021 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in saudi arabia Read our annual reports to find out more: 2022 Zakat Foundation Annual Report In 2022, over 73,570 Muslims trusted Zakat Foundation to distribute their Zakat worldwide. It is a privilege to help Zakat payers with this important commitment. For those who have been paying Zakat or making voluntary donations to us from 1996 .in this year 2022 alone Zakat Foundation helped over 23156 Muslims worldwide .Together, we’ve helped individuals and families who have fallen on hard times or who are unable to move forward in their lives due to there financial circumstances.Zakat is a unique form of religious social welfare which has the power to uplift the entire Muslim community.Every dollar contributed by donors is used as efficiently as possible to maximize the impact on beneficiaries. Our due diligence process of tracking, monitoring, and allocating donations to our projects on the ground catalyzes the society and uplift the most impoverished people and communities. Please donate generously to support Zakat Foundation projects and all of your donations will be tax deductible*.

Zakat Foundation™ Saudi Arabia Annual Report 2021: Empowering Communities through Charitable Giving

Introduction:

Zakat Foundation™ Saudi Arabia, also known as ZFSA, is a prominent charitable organization in Saudi Arabia that focuses on alleviating poverty and empowering communities through the principles of Zakat, a mandatory form of charity given by Muslims as one of the five pillars of Islam. ZFSA plays a crucial role in collecting and distributing Zakat funds to those in need, including the poor, the needy, orphans, widows, and those facing financial difficulties, with the aim of improving their living standards and supporting their well-being.

The Annual Report for the year 2021 reflects the significant impact of ZFSA's charitable programs and initiatives in various areas, showcasing its commitment to providing humanitarian aid and social services to individuals and communities in need across Saudi Arabia.

Overview of ZFSA's Programs and Initiatives:

ZFSA operates a wide range of programs and initiatives in line with its mission to empower communities and promote social welfare. Some of the key programs and initiatives highlighted in the Annual Report 2021 include:

    Zakat Collection and Distribution: ZFSA is responsible for the collection and distribution of Zakat funds in accordance with Islamic principles. In 2021, ZFSA collected Zakat funds from individuals, businesses, and other sources, and distributed them to eligible beneficiaries in need. The Annual Report provides detailed information on the total amount of Zakat collected and distributed, as well as the various categories of beneficiaries who received assistance, such as the poor, the needy, orphans, widows, and others.

    Social Services: ZFSA offers a wide range of social services to individuals and communities in need. These services include healthcare assistance, education support, vocational training, emergency relief, and other forms of social welfare. The Annual Report highlights the number of beneficiaries who received social services from ZFSA in 2021 and provides insights into the impact of these services on their lives.

    Humanitarian Aid: ZFSA plays an active role in providing humanitarian aid to vulnerable populations, both within Saudi Arabia and in other countries. The Annual Report sheds light on ZFSA's humanitarian efforts, such as providing emergency relief to disaster-stricken areas, supporting refugees and displaced persons, and addressing the needs of those affected by conflicts or natural disasters.

    Economic Empowerment: ZFSA recognizes the importance of economic empowerment in improving the livelihoods of individuals and communities. The organization implements various programs aimed at creating sustainable livelihood opportunities, such as microfinance initiatives, small business development, and vocational training. The Annual Report presents ZFSA's efforts in promoting economic empowerment and the outcomes achieved in 2021.

    Education and Scholarship Programs: Education is a key area of focus for ZFSA, as it believes that empowering individuals through education can have a lasting impact on their lives and communities. The Annual Report provides an overview of ZFSA's education and scholarship programs, including the number of beneficiaries who received educational support, the types of programs offered, and the achievements of the scholarship recipients.

Achievements and Impact:

The Annual Report 2021 showcases the significant achievements and impact of ZFSA's programs and initiatives in empowering communities and improving the lives of those in need. Some of the key highlights from the report include:

    Zakat Collection and Distribution: In 2021, ZFSA collected and distributed a substantial amount of Zakat funds, benefiting thousands of eligible beneficiaries, including the poor, the needy, orphans, widows, and others. The Annual Report provides detailed information on the total amount of Zakat collected and distributed, as well as the categories of beneficiaries who received assistance.

    Social Services: ZFSA's