Zakat Foundation Maldives annual report 2004

Zakat Foundation Maldives annual report 2004
Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Title: Zakat Foundation™ Maldives Annual Report 2004: Empowering Communities Through Zakat

Introduction:

Zakat Foundation™ is a prominent charitable organization that operates globally with the primary objective of implementing the principles of Zakat to uplift disadvantaged communities. The organization's vision revolves around fostering sustainable development, alleviating poverty, and promoting social justice. This article provides an overview of the Zakat Foundation™ Maldives Annual Report for the year 2004, highlighting the significant initiatives, accomplishments, and impact generated through their Zakat programs.

Key Objectives and Approach:

The Zakat Foundation™ Maldives embarked on its mission in 2008, aiming to enhance the welfare of marginalized individuals and communities by utilizing the power of Zakat. The foundation strives to ensure that the mandatory Islamic obligation of Zakat is utilized effectively and efficiently, providing aid and support to those in need.

Programs and Initiatives:

Zakat Distribution: In 2004, Zakat Foundation™ Maldives focused on disbursing Zakat funds to the eligible recipients according to the guidelines outlined in Islamic jurisprudence. The organization meticulously identified deserving individuals and families who qualified to receive Zakat, ensuring transparency and accountability throughout the process.

Education Support: Recognizing the importance of education in empowering individuals, Zakat Foundation™ Maldives initiated educational support programs. Through scholarships, school supplies, and infrastructure development projects, the foundation aimed to create equal educational opportunities for underprivileged children, thereby breaking the cycle of poverty.

Healthcare Services: Access to quality healthcare is crucial for a thriving society. In 2004, the Zakat Foundation™ Maldives concentrated on providing medical aid to disadvantaged individuals and communities. Their efforts included supporting healthcare facilities, conducting medical camps, and offering financial assistance for essential treatments and surgeries.

Livelihood Programs: To enable sustainable development and economic self-reliance, the foundation introduced livelihood programs. These initiatives focused on skill development, vocational training, and microfinance schemes, empowering individuals to establish small businesses or acquire gainful employment, thus fostering economic stability and independence.

Achievements and Impact:

The Zakat Foundation™ Maldives' annual report for 2004 highlighted numerous accomplishments, illustrating the positive impact of their endeavors. Some notable achievements include:

Zakat distribution reached a significant number of eligible beneficiaries, providing them with much-needed financial support to meet their basic needs.

Educational support programs positively impacted the lives of underprivileged students, ensuring access to education and nurturing their academic aspirations.

Healthcare initiatives brought essential medical services to remote areas, benefitting individuals who lacked access to proper healthcare facilities.

Livelihood programs empowered individuals to generate income, leading to improved living conditions and reduced reliance on external aid.

Transparency and Accountability:

As an organization committed to upholding transparency and accountability, the Zakat Foundation™ Maldives ensured that all financial transactions were properly documented and audited. The annual report for 2004 provided detailed financial statements, showcasing the allocation and utilization of Zakat funds. This transparency instilled trust and confidence among donors, encouraging continued support for the foundation's initiatives.

Conclusion:

The Zakat Foundation™ Maldives Annual Report for 2004 sheds light on the organization's unwavering dedication to improving the lives of disadvantaged individuals and communities through the implementation of Zakat principles. By effectively utilizing Zakat funds, the foundation was able to make a significant impact in the areas of education, healthcare, and livelihood, empowering individuals and fostering sustainable development. The report's transparency and accountability further reinforce the foundation's commitment to its mission, inspiring confidence among donors and supporters. Moving forward, the Zakat Foundation™ Maldives continues to play a vital role in promoting social justice and alleviating poverty, bringing hope and opportunity to those in need.

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Zakat Foundation Maldives annual report 2004 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: 2004 Zakat Foundation Annual Report In 2004, 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 2004 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*.

Introduction:

Zakat Foundation™ Maldives, a renowned charitable organization, has been making a significant impact on the lives of those in need. With a mission to alleviate poverty and provide humanitarian aid, Zakat Foundation™ has been working tirelessly to empower communities and foster sustainable development. In this article, we will take a closer look at the organization's annual report for the year 2004, shedding light on its accomplishments and the positive change it has brought about.

Overview of the Annual Report:

The Zakat Foundation™ Maldives' annual report for 2004 showcases the organization's commitment to transparency, accountability, and effectiveness in delivering aid to those who require it the most. The report serves as a comprehensive record of the organization's initiatives, achievements, and financial performance during that specific year.

Key Highlights:

Humanitarian Aid Distribution:
The annual report highlights the extensive distribution of humanitarian aid to vulnerable individuals and communities in various sectors. This includes providing food supplies, clean water, healthcare assistance, educational support, and shelter to those affected by natural disasters, conflict, and poverty. The report presents statistical data and success stories, illustrating the impact of Zakat Foundation™ Maldives' initiatives on the lives of beneficiaries.

Sustainable Development Projects:
Zakat Foundation™ Maldives also focuses on long-term solutions by implementing sustainable development projects. These initiatives aim to uplift communities by providing them with tools, resources, and training to become self-sufficient. The annual report outlines the progress made in areas such as microfinance programs, vocational training, agricultural projects, and entrepreneurship support.

Zakat Collection and Disbursement:
As an organization dedicated to the principles of Zakat, the annual report sheds light on the collection and disbursement of Zakat funds. It provides an overview of the sources of Zakat income, the meticulous process of collection, and the transparent distribution of Zakat to eligible recipients.

Donor Engagement and Outreach:
The annual report recognizes the invaluable support of donors, partners, and volunteers who contribute to the success of Zakat Foundation™ Maldives. It emphasizes the importance of collaboration and showcases the organization's efforts in building relationships, raising awareness, and fostering a sense of community engagement.

Conclusion:

Zakat Foundation™ Maldives' annual report for 2004 highlights the organization's unwavering dedication to humanitarian causes. It showcases the impact of their projects and initiatives, from immediate relief efforts to sustainable development programs. The report serves as a testament to their commitment to transparency and accountability, providing donors and stakeholders with a comprehensive overview of the organization's achievements, financial performance, and the positive change it has brought to the lives of those in need.

As Zakat Foundation™ Maldives continues its journey of compassion and service, it remains an inspiration for other charitable organizations and individuals who strive to make a difference in the world.