Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

25-year-old?s generosity helps 35000 families  Join our daily free Newsletter

MENAFN - Khaleej Times - 11/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Beit al khair society steps up aid to orphans students patients and people with special needs at 25 most people are still learning how to fend for themselves. but the beit al khair society is celebrating its 25th birthday by having helped out over 35000 needy families. abidine tahir al iwadhi general manager beit al khair society detailing last year’s activities. — supplied photo

the charity founded in 1989 by a group of businessmen to do philanthropic work exclusively in the uae celebrated its silver jubilee by upping the money spent on humanitarian assistance from dh146 million in 2012 to dh151 million in 2013.abidine tahir al iwadhi general manager of the society said “we are solely concerned with local families in the low-income group.”

the society helps orphans students widows divorcees people who have been deserted families of prisoners patients the elderly and people with special needs.

it also extends help during emergency cases.

al iwadhi said 2013 marked a rise in zakat (alms) revenues over other resources.

“zakat payments last year amounted to nearly dh108 million that is 72 per cent of total spending. other resources incluing donations and endowments accounted for nearly dh43 million.”

in 2013 the largest share of spending was earmarked for low-income families. a total of dh48 million went out to over 5500 households providing them monthly financial aid. food and assistance in kind amounted to another dh12 million.

the charity sponsored 2000 orphans allocating dh12.5 million. its student project spent dh3.7 million to help about 18 students.

the charity also paid off debts worth dh400000 for insolvent debtors and provided house appliances worth dh1.4 million to several families.

al iwadhi said another dh800000 was spent on its ‘needy-home maintenance project’. it also spent dh2.3 million for people with special needs and allotted dh2 million for the cost of medical treatments. in addition the society disbursed dh40 million in lump sums to aid people during urgent incidents while dh9 million was spent on ramadan mir (foodstuff).

the society’s ‘your old is their new’ project which collects old clothes and sells them to recycling companies fetched dh3 million. al iwadhi said the money was spent to buy new clothes coupon cards for the needy.

ahmedshaaban?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Jul 27 2016 - SNC-Lavalin seizes contract in QatarMENAFN
(MENAFN) SNC-Lavalin has won an engineering consultancy and support services contract by Oryx GTL, a joint venture between Qatar Petroleum and Sasol of South AfricaIn detail, the five-year long ...

 Jul 27 2016 - Turner & Townsend Mideast income grows 24 pctMENAFN
(MENAFN) Turner & Townsend, A global professional services consultancy, has reported an increase in its Middle East turnover by a quarter, and its profits by nearly a third, in the year ended April ...

 Jul 27 2016 - dorma+kaba to improve cancer centre in JordanMENAFN
(MENAFN) dorma+kaba, a leading player in opening solutions, has inked a contract for The King Hussein Cancer Center (KHCC) expansion in Jordan.In detail, the deal is valued at USD1.4 million and will ...

 Jul 27 2016 - Saudi markets suffer as real estate slowdown goes onMENAFN
(MENAFN) Saudi's real estate markets in Riyadh and Jeddah cities continue to face an overall slowdown in performance, according to a JLL report.JLL, a leading global real estate investment and ...

 Jul 27 2016 - Nakheel logs USD803m profit in H1MENAFN
(MENAFN) Nakheel, Dubai-based and one of the world's leading developers, said it has recorded a 4% net profit increase to USD803 million for the first half of this year.Moreover, the company has ...

 Jul 27 2016 - Pakistani chief of staff discusses military cooperation with Al-SisiDaily News Egypt
(MENAFN - Daily News Egypt) President Abdel Fattah Al-Sisi met with Pakistani ground forces chief of staff Raheel Sharif and the Pakistani prime minister Nawaz Sharif on Tuesday, according to a ...

 Jul 27 2016 - Egypt- Defence Minister holds second meeting with MPsDaily News Egypt
(MENAFN - Daily News Egypt) Defence Minister Sedki Sobhi held a meeting on Monday night with members of parliament. The meeting is the second in two months, following a previous one held in May. ...

 Jul 27 2016 - Counter-terrorism commander asserts full control in Sinai despite daily attacksDaily News Egypt
(MENAFN - Daily News Egypt) Osama Askar, chief of the unified command east of the canal, stressed on Monday that Sinai is completely under the army's full control, noting that terrorists are being ...

 Jul 27 2016 - CBE stabilises US dollar exchange rate, further confuses marketDaily News Egypt
(MENAFN - Daily News Egypt) The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in its tender on Tuesday. The market is still waiting for ...

 Jul 27 2016 - High prices, inflation increase not behind CBE's decision to keep pound's price against US dollar: analystsDaily News Egypt
(MENAFN - Daily News Egypt) The month of June witnessed a notable increase in the inflation rate. Economic analysts believe that the devaluation of the Egyptian pound significantly increased the ...

more...


 





Google

Easy Forex

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help