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Islamic Council: Zakat Policy

In this document The Islamic Council is presenting a set of principles, practices, and procedures that a charity organisation will need to follow and adhere to in the collection, allocation and distribution of Zakāh funds. Due to the diversity of Zakāh donors, the multiple locations a charity organisation may operate projects in, and the modern nature of finance and poverty, this policy is designed to be as encompassing and accommodating as possible from a Muslim legal perspective. This policy seeks to adopt scholarly positions that would be readily accepted by the majority of Islamic scholarship in most scenarios and circumstances.

Community Guidance: Muḍārabah Partnerships (Ref: 40001)

by ICE – Islamic Finance Advisory and Consultancy الحمد لله والصلاة والسلام على رسول الله وعلى آله وصحبه ومن تبعهم بإحسان إلى يوم الدين All praise belongs to Allāh and may Allāh’s peace and blessings be upon His messenger, his family, companions and followers until the last day. Standing members of the committee: Shaykh Dr … Continued