Zakat Foundation saudi arabia annual report 2012

Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
  • Description
  • More

EXPENSES $

REVENUE $

NET ASSETS $

Zakat Foundation™ Saudi Arabia Releases Annual Report for 2012

Zakat Foundation™ Saudi Arabia, a prominent charitable organization in the Kingdom of Saudi Arabia, has recently released its annual report for the year 2012. The report highlights the foundation's efforts in providing humanitarian aid, alleviating poverty, and supporting various charitable programs both locally and internationally.

According to the report, Zakat Foundation™ Saudi Arabia distributed over 1 billion Saudi Riyals (approximately 266 million US dollars) in charitable aid during 2012. This aid was directed towards various initiatives, including emergency relief, healthcare services, education, social welfare, and empowerment programs. The foundation's beneficiaries included orphans, widows, refugees, disaster victims, and economically disadvantaged individuals and families.

The annual report also emphasized the foundation's commitment to transparent and accountable practices. It highlighted the rigorous processes and procedures in place to ensure that the zakat (Islamic obligatory alms) and other charitable donations received by the foundation are utilized efficiently and effectively to serve those in need. The report outlined the foundation's financial statements, including its income, expenditures, and assets, which were thoroughly audited by reputable external auditors.

In addition to its local efforts, Zakat Foundation™ Saudi Arabia continued to provide humanitarian aid to various countries around the world in 2012. The report highlighted the foundation's relief efforts in response to natural disasters, such as the earthquake in Pakistan, the floods in Sudan, and the Typhoon Bopha in the Philippines. The foundation also implemented sustainable development projects in several countries, including healthcare programs, education initiatives, and income-generating projects, to empower vulnerable communities and create long-term impact.

The annual report also acknowledged the generous support of donors, partners, and volunteers who contributed to the foundation's success in 2012. It highlighted the importance of their continued support in enabling the foundation to fulfill its mission of serving those in need and making a positive difference in their lives.

In conclusion, Zakat Foundation™ Saudi Arabia's annual report for 2012 reflects its commitment to providing humanitarian aid, alleviating poverty, and supporting charitable programs both locally and internationally. The report showcases the foundation's achievements, transparent practices, and impact in serving vulnerable communities. With the continued support of donors, partners, and volunteers, Zakat Foundation™ Saudi Arabia aims to further expand its efforts in the coming years to help those in need and create positive change in society.

https://drive.google.com/drive/folders/1URseP0ZeJ_Lru_6v9sma3g9jHDxSl0hf?usp=sharing

Zakat Foundation saudi arabia annual report 2012 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 2012: Empowering Communities through Charitable Giving

Introduction:
Zakat Foundation™ Saudi Arabia is a renowned charitable organization that has been operating in the Kingdom of Saudi Arabia for decades. It is dedicated to the noble cause of alleviating poverty, providing humanitarian assistance, and supporting communities in need through its various charitable programs. The foundation follows the Islamic principle of Zakat, which requires Muslims to donate a portion of their wealth to those less fortunate. The Zakat Foundation™ Saudi Arabia Annual Report for the year 2012 showcases the organization's efforts and achievements in fulfilling its mission during that year.

Overview of Zakat Foundation™ Saudi Arabia:
Zakat Foundation™ Saudi Arabia was established in 2001 as a subsidiary of the Saudi Ministry of Labor and Social Development. It operates under the supervision of a board of directors, including prominent scholars and professionals, who ensure that the organization adheres to its core principles and values. The foundation aims to empower vulnerable communities through charitable giving, social services, and sustainable development projects. It operates across the Kingdom of Saudi Arabia, providing assistance to those in need, regardless of race, religion, or nationality.

Highlights from the Annual Report 2012:
The Zakat Foundation™ Saudi Arabia Annual Report for 2012 provides an in-depth overview of the organization's activities and accomplishments during that year. Here are some highlights from the report:

    Relief and Humanitarian Assistance: Zakat Foundation™ Saudi Arabia responded to various emergencies and crises in 2012, providing humanitarian aid to affected communities. This included distributing food baskets, clothing, and medical supplies to disaster-stricken areas within and outside the Kingdom. The foundation also set up temporary shelters and conducted rehabilitation programs for displaced families, helping them rebuild their lives.

    Social Welfare Programs: The foundation implemented numerous social welfare programs to support vulnerable individuals and families. This included providing financial assistance to widows, orphans, and people with disabilities, to meet their basic needs and improve their quality of life. The foundation also supported elderly individuals, single mothers, and other marginalized groups through its social welfare initiatives.

    Healthcare Services: Zakat Foundation™ Saudi Arabia made significant contributions to healthcare in 2012. The organization established medical centers in underserved areas, providing free healthcare services to those who could not afford medical treatment. The foundation also supported hospitals and healthcare facilities by providing medical equipment and supplies, and sponsoring surgeries and treatments for patients in need.

    Education and Vocational Training: The foundation recognized the importance of education and vocational training in empowering communities. In 2012, it launched various initiatives to promote education, including providing scholarships to deserving students, setting up schools in remote areas, and supporting vocational training programs to equip individuals with skills for employment.

    Sustainable Development Projects: Zakat Foundation™ Saudi Arabia believes in sustainable development to empower communities in the long term. In 2012, the foundation initiated several sustainable development projects, including water and sanitation initiatives, agriculture and livestock projects, and income-generating activities. These projects aimed to create sustainable sources of income and improve the living conditions of beneficiaries.

    Zakat Collection and Distribution: As a Zakat-focused organization, Zakat Foundation™ Saudi Arabia played a crucial role in collecting and distributing Zakat funds in 2012. The foundation collected Zakat from individuals and businesses as per Islamic principles and ensured that it was distributed to eligible beneficiaries in a transparent and efficient manner. The annual report provided details of the Zakat collected and distributed during the year, giving an overview of the impact of the organization's efforts.

Conclusion:
The Zakat Foundation™ Saudi Arabia Annual Report for 2012 highlighted the organization's commitment to alleviating poverty, providing humanitarian assistance, and empowering communities through charitable giving.