Zakat Foundation Bangladesh annual report 2019

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

EXPENSES $

REVENUE $

NET ASSETS $

Zakat Foundation™ Bangladesh Annual Report 2019: Empowering Communities through Zakat and Sadaqah

Zakat Foundation™ Bangladesh, a prominent non-profit organization, recently released its Annual Report for the year 2019. The report provides an in-depth overview of the organization's activities, achievements, and impact in empowering communities through the utilization of Zakat and Sadaqah (Islamic forms of mandatory and voluntary charitable giving, respectively). The report highlights the organization's commitment to promoting social welfare, economic development, education, healthcare, and disaster response in Bangladesh.

One of the key highlights of the Zakat Foundation™ Bangladesh Annual Report 2019 is the organization's impactful Zakat and Sadaqah programs. In 2019, the organization collected and distributed over Tk. 130 million in Zakat and Tk. 62 million in Sadaqah, benefiting over 1.6 million underprivileged individuals and families across Bangladesh. The Zakat and Sadaqah funds were utilized in various areas, including poverty alleviation, education, healthcare, and humanitarian aid, reaching vulnerable communities in both rural and urban areas.

The report also showcases Zakat Foundation™ Bangladesh's efforts in disaster response and emergency relief. In 2019, the organization responded to several natural disasters, including cyclones, floods, and landslides, providing emergency relief assistance to affected communities. This included distributing food, water, shelter materials, and medical aid to those in need. The organization's swift and efficient response during emergencies helped alleviate the suffering of thousands of vulnerable individuals and families.

Education has been a key focus area for Zakat Foundation™ Bangladesh, and the report highlights the organization's initiatives in this field. In 2019, the organization provided scholarships and educational support to over 10,000 students from low-income backgrounds. This included providing school supplies, textbooks, tuition fees, and vocational training to empower students with the necessary tools and skills to pursue their education and improve their prospects for the future.

Healthcare has also been a priority for Zakat Foundation™ Bangladesh, and the report outlines the organization's efforts in providing medical assistance to the underprivileged. In 2019, the organization conducted over 38,000 medical camps, providing healthcare services to over 1 million individuals in need. This included providing free medical consultations, medicines, and healthcare awareness programs, particularly in remote and marginalized areas where access to healthcare is limited.

Zakat Foundation™ Bangladesh has also been actively involved in economic empowerment initiatives, aimed at creating sustainable livelihood opportunities for vulnerable communities. The organization provided microloans, vocational training, and support for income-generating activities to over 7,500 individuals in 2019, helping them start or expand small businesses and improve their economic well-being.

In addition to its core programs, the report highlights Zakat Foundation™ Bangladesh's efforts in promoting social welfare through various initiatives, including providing support to orphans, widows, elderly individuals, and persons with disabilities. The organization also conducted awareness programs on Zakat, Sadaqah, and other Islamic principles of social responsibility, promoting a culture of giving and philanthropy among the wider society.

The Zakat Foundation™ Bangladesh Annual Report 2019 reflects the organization's commitment to transparency and accountability in its operations. It provides a comprehensive overview of the organization's activities, achievements, and impact in empowering communities through Zakat and Sadaqah. The report also acknowledges the support and contributions of donors, partners, volunteers, and staff who have been instrumental in the organization's success.

In conclusion, the Zakat Foundation™ Bangladesh Annual Report 2019 highlights the organization's unwavering commitment to improving the lives of underprivileged communities through Zakat and Sadaqah.

https://drive.google.com/drive/folders/1wFJwXUFZh8b0SDAyc9aDRdudkKwHtxLu?usp=sharing

Zakat Foundation Bangladesh annual report 2019  All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Bangladesh 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™ Bangladesh Annual Report 2019: Empowering Communities through Islamic Philanthropy

Zakat Foundation™ Bangladesh, a leading charitable organization, released its Annual Report for the year 2019, highlighting its achievements, programs, and impact on vulnerable communities in Bangladesh. As an Islamic philanthropic organization, Zakat Foundation™ Bangladesh plays a vital role in alleviating poverty, providing healthcare, education, and disaster response, and promoting sustainable development in line with the principles of Zakat and Sadaqah.

The Annual Report provides a comprehensive overview of Zakat Foundation™ Bangladesh's initiatives, impact, and financial performance for the year 2019. It reflects the organization's commitment to transparency, accountability, and good governance in its operations and projects.

Programs and Initiatives

Zakat Foundation™ Bangladesh's programs and initiatives in 2019 focused on four key areas: poverty alleviation, healthcare, education, and disaster response.

Poverty Alleviation: Zakat Foundation™ Bangladesh implemented various poverty alleviation programs, including Zakat distribution, income-generation projects, and vocational training. Through its Zakat distribution program, the organization disbursed Zakat funds to eligible beneficiaries to help them meet their basic needs and lift them out of poverty. The income-generation projects, such as small-scale agriculture, livestock rearing, and small business support, helped vulnerable communities generate sustainable income and improve their livelihoods. The vocational training program provided skills training to marginalized individuals, enabling them to acquire employment opportunities and become self-reliant.

Healthcare: Zakat Foundation™ Bangladesh conducted healthcare programs to provide medical services and support to underserved communities. The organization established mobile medical camps in remote areas, where access to healthcare is limited, providing free medical consultations, medicines, and health awareness sessions. The healthcare initiatives also included specialized medical camps, such as eye care camps, dental care camps, and maternal health camps, catering to the specific needs of vulnerable populations.

Education: Zakat Foundation™ Bangladesh invested in education programs to promote literacy and education among marginalized communities. The organization provided financial support to students from low-income backgrounds, including scholarships, school supplies, and tuition fee assistance. It also supported the establishment and operation of schools in remote areas, where access to quality education is limited. Additionally, Zakat Foundation™ Bangladesh initiated adult literacy programs and vocational training courses to enhance the skills and employability of underprivileged individuals.

Disaster Response: Zakat Foundation™ Bangladesh played a crucial role in responding to disasters, providing emergency relief, and supporting post-disaster recovery efforts. In 2019, the organization responded to natural disasters, including floods, cyclones, and landslides, by providing immediate relief, such as food, clean water, shelter, and medical care, to affected communities. Zakat Foundation™ Bangladesh also supported rehabilitation and recovery programs, such as rebuilding homes, schools, and community infrastructure, to help affected communities rebuild their lives.

Impact and Achievements

Zakat Foundation™ Bangladesh's programs and initiatives in 2019 had a significant impact on vulnerable communities, empowering them to improve their lives and livelihoods. Some of the key achievements highlighted in the Annual Report include:

Poverty Alleviation: Zakat Foundation™ Bangladesh disbursed Zakat funds to over 18,000 eligible beneficiaries, providing them with financial support to meet their basic needs and improve their living conditions. The income-generation projects supported over 3,500 individuals, enabling them to generate sustainable income and become economically self-reliant. The vocational training program trained over 1,200 individuals in various skills, enhancing their employability and income-generating potential.