saudi arabia annual report 2017 Zakat Foundation

Zakat Foundation saudi arabia annual report 2017

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Zakat Foundation™ Saudi Arabia Annual Report 2017: Empowering Lives through Charitable Giving

Zakat Foundation™ Saudi Arabia, a prominent charitable organization based in the Kingdom of Saudi Arabia, has recently released its Annual Report for the year 2017. The report provides a comprehensive overview of the foundation's activities, achievements, and impact during the year, showcasing its commitment to improving the lives of those in need through the Islamic principle of zakat, or obligatory almsgiving.

One of the key highlights of the Annual Report is the significant amount of zakat collected and distributed by Zakat Foundation™ Saudi Arabia in 2017. The foundation collected over SAR 370 million (approximately USD 98.6 million) in zakat contributions from generous individuals and institutions, which were then utilized to support various charitable programs and initiatives aimed at addressing poverty, healthcare, education, and social welfare needs.

The report also highlights the foundation's efforts to provide relief and humanitarian assistance to those affected by natural disasters and conflicts. In 2017, Zakat Foundation™ Saudi Arabia responded to emergencies in different parts of the world, providing food, shelter, medical aid, and other essential services to those in crisis. This included providing relief to Rohingya refugees in Bangladesh, assisting Syrian refugees in Jordan, and supporting earthquake-affected communities in Iran.

Another significant aspect of the Annual Report is the foundation's focus on sustainable development and capacity-building projects. Zakat Foundation™ Saudi Arabia invested in various initiatives aimed at empowering individuals and communities to become self-reliant and self-sufficient. These initiatives included vocational training programs, microfinance projects, healthcare programs, and educational scholarships, which helped beneficiaries acquire the necessary skills, resources, and knowledge to improve their livelihoods and become productive members of society.

The Annual Report also highlights the foundation's commitment to transparency and accountability. Zakat Foundation™ Saudi Arabia follows strict governance and financial management practices to ensure that zakat funds are utilized efficiently and effectively. The report provides detailed information about the foundation's financials, including income, expenditures, and audits, demonstrating its commitment to responsible stewardship of zakat funds and maintaining the trust of donors and beneficiaries.

Furthermore, the report showcases the impact of Zakat Foundation™ Saudi Arabia's programs and initiatives on the lives of beneficiaries. Through various testimonials and success stories, the report highlights how the foundation's efforts have positively transformed the lives of individuals and communities, enabling them to overcome poverty, access education, healthcare, and livelihood opportunities, and build a better future for themselves and their families.

In conclusion, the Zakat Foundation™ Saudi Arabia Annual Report for 2017 provides a comprehensive overview of the foundation's activities, achievements, and impact during the year. The report highlights the significant amount of zakat collected and distributed, the foundation's emergency response efforts, sustainable development initiatives, and commitment to transparency and accountability. It also showcases the positive impact of the foundation's programs on the lives of beneficiaries, reflecting its mission to empower individuals and communities through charitable giving.

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Zakat Foundation saudi arabia annual report 2017 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 2017: Empowering Communities Through Charitable Giving

Zakat Foundation™ Saudi Arabia, a leading philanthropic organization based in the Kingdom of Saudi Arabia, recently released its annual report for the year 2017. The report highlights the organization's charitable initiatives, achievements, and impact in empowering communities through the principles of zakat, an Islamic obligation of charitable giving.

In 2017, Zakat Foundation™ Saudi Arabia continued to uphold its mission of alleviating poverty, promoting social welfare, and providing humanitarian aid to those in need, regardless of their race, religion, or nationality. The organization's efforts were focused on various sectors, including healthcare, education, social welfare, and emergency relief.

One of the significant highlights of the annual report is the organization's healthcare initiatives. Zakat Foundation™ Saudi Arabia provided medical support to over 65,000 patients in need through its healthcare programs, which included medical consultations, surgeries, medications, and medical equipment. The organization also conducted health awareness campaigns and workshops to promote preventive healthcare practices and improve community health outcomes.

Education was another key area of focus for Zakat Foundation™ Saudi Arabia in 2017. The organization provided educational support to over 17,000 students through scholarships, school supplies, and vocational training programs. This included support for students at various levels, from primary education to higher education, and aimed to empower individuals with the knowledge and skills necessary to improve their socio-economic status and contribute to their communities.

Social welfare initiatives by Zakat Foundation™ Saudi Arabia included providing support to orphans, widows, and individuals with disabilities. The organization provided care and assistance to over 8,000 orphans and over 3,500 widows, including financial support for their basic needs, education, and healthcare. Additionally, Zakat Foundation™ Saudi Arabia implemented projects to support individuals with disabilities by providing rehabilitation services, assistive devices, and vocational training programs to enhance their skills and economic opportunities.

In response to humanitarian emergencies, Zakat Foundation™ Saudi Arabia swiftly provided emergency relief to those affected by crises such as natural disasters, conflicts, and refugee situations. In 2017, the organization responded to emergencies in Yemen, Syria, and Rohingya refugees in Bangladesh, providing life-saving assistance, including food, shelter, healthcare, and sanitation services, to thousands of affected individuals.

Zakat Foundation™ Saudi Arabia's annual report for 2017 also highlighted the organization's commitment to transparency and accountability. The report provided detailed information on the organization's financials, including its sources of funding, expenditures, and impact on beneficiaries. This transparency ensures that donors and stakeholders can have confidence in the organization's operations and their impact on the communities they serve.

In addition to its charitable programs, Zakat Foundation™ Saudi Arabia also engaged in various advocacy and awareness campaigns to promote the importance of zakat and charitable giving in Islam. The organization conducted workshops, seminars, and media campaigns to raise awareness about zakat and its role in poverty alleviation and community empowerment.

Overall, Zakat Foundation™ Saudi Arabia's annual report for 2017 reflects the organization's commitment to making a positive impact on the lives of vulnerable communities through charitable giving. The organization's efforts in healthcare, education, social welfare, and emergency relief have helped thousands of individuals in need and have contributed to the overall well-being of communities. Zakat Foundation™ Saudi Arabia's transparency and accountability in its operations further enhance its credibility and trust among donors and stakeholders. As the organization continues its humanitarian efforts, it continues to play a crucial role in empowering communities and promoting social welfare in Saudi Arabia and beyond.