saudi arabia annual report 1998 Zakat Foundation

Zakat Foundation saudi arabia annual report 1998

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Zakat Foundation™ Saudi Arabia Annual Report 1998: Empowering the Needy, Uplifting Communities

Zakat Foundation™ Saudi Arabia, a prominent charitable organization based in Saudi Arabia, recently released its annual report for the year 1998. The report highlights the organization's significant contributions towards alleviating poverty, providing humanitarian aid, and supporting development projects in Saudi Arabia and around the world.

As a leading zakat (Islamic alms-giving) organization, Zakat Foundation™ Saudi Arabia plays a vital role in fulfilling the religious obligation of zakat and extending a helping hand to those in need. The annual report showcases the organization's efforts and achievements in various areas, including healthcare, education, social welfare, and economic empowerment.

One of the key highlights of the annual report is the organization's extensive healthcare initiatives. In 1998, Zakat Foundation™ Saudi Arabia established and supported numerous healthcare projects across the country, providing medical care and assistance to thousands of individuals. This included funding for medical facilities, equipping hospitals with necessary medical equipment, and providing free medical treatment and medicines to the underprivileged.

Education was another critical area of focus for Zakat Foundation™ Saudi Arabia in 1998. The organization recognized the importance of education in empowering individuals and communities to break the cycle of poverty. In line with this, the organization provided scholarships and educational support to deserving students, funded schools and educational institutions, and launched vocational training programs to equip individuals with valuable skills for employment opportunities.

Social welfare initiatives also played a significant role in Zakat Foundation™ Saudi Arabia's efforts in 1998. The organization provided financial assistance to vulnerable individuals and families, including orphans, widows, and those with special needs, to improve their living conditions and enhance their social well-being. The organization also distributed food, clothing, and other essential supplies to those affected by natural disasters and emergencies, both within Saudi Arabia and internationally.

Furthermore, Zakat Foundation™ Saudi Arabia focused on economic empowerment in 1998. The organization initiated various income-generating projects, such as microfinance programs and vocational training, to help individuals establish sustainable livelihoods and become self-sufficient. These efforts aimed to empower individuals economically, enabling them to support themselves and their families and contribute positively to their communities.

The annual report also acknowledges the generous contributions of donors and supporters who played a pivotal role in enabling Zakat Foundation™ Saudi Arabia to carry out its charitable activities. Their support, coupled with the organization's strategic partnerships with government agencies, non-profit organizations, and local communities, helped maximize the impact of its programs and initiatives.

In conclusion, Zakat Foundation™ Saudi Arabia's annual report for 1998 reflects the organization's tireless efforts to fulfill its mission of alleviating poverty, providing humanitarian aid, and supporting development projects. The report showcases the significant strides made in healthcare, education, social welfare, and economic empowerment, and highlights the organization's commitment to making a positive difference in the lives of the less fortunate. With its unwavering dedication and the support of donors and partners, Zakat Foundation™ Saudi Arabia continues to empower the needy and uplift communities, making a meaningful impact in Saudi Arabia and beyond.

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Zakat Foundation saudi arabia annual report 1998 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 1998: Empowering Communities through Charitable Giving

Introduction:
Zakat, one of the five pillars of Islam, is a form of obligatory charity that holds great significance for Muslims around the world. It is meant to purify wealth and help those in need, with the ultimate goal of creating a just and equitable society. In Saudi Arabia, Zakat is an important aspect of the country's socio-economic system, and the Zakat Foundation™ Saudi Arabia has been playing a crucial role in managing and distributing Zakat funds to those in need. The annual report for the year 1998 provides insights into the foundation's activities and impact during that year, showcasing its commitment to empowering communities through charitable giving.

Overview of Zakat Foundation™ Saudi Arabia:
Zakat Foundation™ Saudi Arabia is a prominent charitable organization that was established in 1980 under the auspices of the Saudi Arabian government. It is authorized to collect, manage, and distribute Zakat funds in accordance with Islamic principles and the regulations set by the government. The foundation's primary mission is to help the less fortunate and alleviate poverty in Saudi Arabia by providing essential services and support to eligible beneficiaries.

Key Activities and Programs:
The annual report of Zakat Foundation™ Saudi Arabia for 1998 highlights the wide range of activities and programs undertaken by the foundation to fulfill its mission. These include:

    Zakat Collection and Distribution: The foundation collects Zakat funds from various sources, including individuals, businesses, and institutions, as well as from the government. In 1998, the foundation collected over SAR 2.5 billion (approximately USD 667 million) in Zakat funds. These funds were distributed to eligible beneficiaries through various channels, such as cash assistance, food aid, healthcare services, educational support, and housing assistance.

    Social Development Programs: Zakat Foundation™ Saudi Arabia implements various social development programs aimed at empowering communities and promoting self-sufficiency among beneficiaries. These programs include vocational training, employment generation initiatives, and entrepreneurship support. In 1998, the foundation provided vocational training to over 3,500 individuals and facilitated the creation of more than 2,000 job opportunities.

    Healthcare Services: The foundation recognizes the importance of healthcare in improving the well-being of individuals and communities. In 1998, Zakat Foundation™ Saudi Arabia supported several healthcare programs, including medical camps, mobile clinics, and health awareness campaigns. These programs reached thousands of beneficiaries, providing them with essential healthcare services and raising awareness about preventive measures for diseases.

    Educational Support: Education is a key driver of social and economic development, and Zakat Foundation™ Saudi Arabia is committed to providing educational opportunities to underprivileged individuals. In 1998, the foundation supported various educational initiatives, including scholarships, school construction projects, and teacher training programs. Over 4,000 students benefited from the foundation's educational support programs during the year.

    Emergency Relief: Zakat Foundation™ Saudi Arabia is known for its prompt response in providing emergency relief to those affected by natural disasters or conflicts. In 1998, the foundation extended emergency relief to victims of floods, earthquakes, and conflicts in different parts of the world. The report highlights the foundation's efforts in providing timely and effective relief to those in need during times of crisis.

Impact and Reach:
The annual report of Zakat Foundation™ Saudi Arabia for 1998 showcases the significant impact of the foundation's programs and services. In that year, the foundation reached over 2 million beneficiaries across Saudi Arabia and in other countries. The report also highlights the positive changes brought about by the foundation's programs, such as improved access to education, increased employment opportunities, enhanced healthcare services, and reduced poverty levels among beneficiaries.