Zakat Foundation Maldives annual report 2018

Zakat Foundation Maldives annual report 2018

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Title: Zakat Foundation™ Maldives Annual Report 2018: Empowering Communities Through Zakat

Introduction:
Zakat Foundation™ is a renowned charitable organization that focuses on empowering communities through the principles of Zakat, a form of obligatory alms-giving in Islam. The Zakat Foundation™ Maldives Chapter has been actively working towards uplifting underprivileged communities and individuals in the Maldives. In this article, we will explore the highlights and achievements of the Zakat Foundation™ Maldives Annual Report for the year 2018, shedding light on their impactful endeavors and the positive change they have brought about.

Overview of Zakat Foundation™ Maldives:
Zakat Foundation™ Maldives is a local branch of the Zakat Foundation™, a global non-profit organization dedicated to humanitarian relief and development work. Since its establishment, the foundation has been committed to providing sustainable solutions to alleviate poverty, enhance education, promote healthcare, and empower communities through Zakat and other charitable donations.

Key Focus Areas and Achievements:

Poverty Alleviation:
In 2018, Zakat Foundation™ Maldives implemented numerous projects aimed at alleviating poverty. The foundation provided financial assistance to marginalized individuals and families, enabling them to meet their basic needs such as food, shelter, and healthcare. Additionally, income-generating programs were initiated to empower communities and promote self-sufficiency.

Education Enhancement:
Recognizing the importance of education in breaking the cycle of poverty, the foundation made significant efforts to improve access to quality education. Scholarships and educational grants were awarded to deserving students, enabling them to pursue higher education and vocational training. The foundation also invested in school infrastructure, supplies, and educational resources to enhance the learning environment.

Healthcare Initiatives:
Zakat Foundation™ Maldives actively worked to enhance healthcare facilities and services for disadvantaged communities. The organization supported medical camps, provided medical supplies, and facilitated access to quality healthcare for vulnerable populations. They also focused on raising awareness about health and hygiene practices, ensuring a healthier future for the communities they served.

Emergency Relief:
The annual report highlighted Zakat Foundation™ Maldives' efforts in providing immediate relief during emergencies and disasters. The foundation swiftly responded to natural disasters and crises, offering essential supplies, medical aid, and temporary shelter to affected individuals and families. Their timely assistance brought solace to those in distress.

Conclusion:
The Zakat Foundation™ Maldives Annual Report for 2018 showcased the foundation's dedication and commitment to uplifting underprivileged communities. Through their various projects and initiatives, they have made a significant impact in the areas of poverty alleviation, education enhancement, healthcare, and emergency relief. The report serves as a testament to their tireless efforts in empowering individuals and transforming communities through the principles of Zakat. With continued support and collaboration, Zakat Foundation™ Maldives will continue to bring positive change and create a better future for the people of the Maldives.

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Zakat Foundation Maldives annual report 2018 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Maldives Read our annual reports to find out more: 2018 Zakat Foundation Annual Report In 2018 , 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 2018 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™ Zakat Foundation Maldives Annual Report 2018: Empowering Communities through Zakat

Introduction

In today's world, where poverty, inequality, and social injustices persist, organizations like the Zakat Foundation™ play a crucial role in alleviating the suffering of those in need. One such branch of the foundation is Zakat Foundation Maldives, which works tirelessly to empower communities through the distribution of zakat, a form of obligatory charity in Islam. The Zakat Foundation Maldives Annual Report for 2018 showcases the remarkable achievements, impact, and dedication of the organization towards uplifting the underprivileged in the Maldives. This article aims to provide an overview of the key highlights from the annual report, shedding light on the transformative work of Zakat Foundation Maldives.

Background

Established in 2012, Zakat Foundation Maldives is a non-profit organization that operates under the umbrella of the global Zakat Foundation™. The foundation follows the principles of Islam, particularly emphasizing the significance of zakat as a means to address poverty and social inequality. Zakat is one of the five pillars of Islam and requires Muslims to donate a portion of their wealth to help those less fortunate. Zakat Foundation Maldives acts as a bridge between individuals who wish to fulfill their religious duty and the beneficiaries who are in dire need of support.

Financial Transparency and Accountability

The annual report of Zakat Foundation Maldives for the year 2018 highlights the organization's commitment to financial transparency and accountability. The report provides a detailed breakdown of the financial resources received and utilized during the year. It showcases a comprehensive analysis of the funds received through zakat contributions and other donations, ensuring that the donors' trust is upheld and their contributions are put to good use. This transparency further encourages individuals to support the foundation's noble cause, knowing that their donations are making a tangible difference in the lives of those in need.

Zakat Distribution

The cornerstone of Zakat Foundation Maldives' work is the fair and equitable distribution of zakat to eligible beneficiaries. The annual report outlines the meticulous process followed by the organization to identify and assist those who qualify for zakat support. The foundation ensures that funds are channeled to the most deserving individuals and families, taking into account their specific needs, socioeconomic conditions, and the principles of zakat distribution.

In 2018, Zakat Foundation Maldives disbursed zakat funds across a range of vital areas, including poverty alleviation, education, healthcare, and emergency relief. Through the collective efforts of the foundation and its partners, significant progress was achieved in reducing poverty and enhancing the quality of life for the underprivileged.

Poverty Alleviation

The annual report highlights the foundation's comprehensive poverty alleviation programs. Zakat Foundation Maldives invests in sustainable initiatives that empower individuals and communities to break free from the cycle of poverty. The foundation focuses on providing livelihood support, vocational training, and microfinance opportunities to enable individuals to become self-reliant and economically independent. By addressing the root causes of poverty, Zakat Foundation Maldives aims to create lasting change and uplift the overall standard of living for marginalized communities.

Education and Scholarships

Recognizing the transformative power of education, Zakat Foundation Maldives places significant emphasis on supporting education initiatives. The annual report showcases the foundation's efforts to provide scholarships, educational resources, and infrastructure development in underserved areas. Through these initiatives, the organization strives to ensure that every child, regardless of their socioeconomic background, has access to quality education. By investing in education, Zakat Foundation Maldives is sowing the seeds of a brighter future for the next generation, empowering them to contribute positively to society.