July 12th, 2013
Meezan Bank, Pakistan’s leading Islamic Bank, recently conducted a detailed session focused on educating welfare organizations about the proper collection and utilization of funds collected through Zakat contributions.
The session was conducted by a team of Shariah research scholars at Meezan Bank headed by Mufti Bilal Ahmed Qazi and Mufti Naveed-ul-Alam. Also present at the session was Mr. Ahmed Ali Siddiqui, Head of Product Development and Shariah Compliance at Meezan Bank.
Representatives from numerous prominent not-for-profit organizations including, SIUT, LRBT, HAWA Trust, HOPE, Green Crescent Trust, Rashid Memorial Welfare Organization, Child Life Foundation, Muslim Aid, Marie Adelaide Leprosy Centre, Omair Sana Foundation, Memon Medical Institute, Burns Centre, Afzaal Memorial Thalassemia Foundation and The Medical Aid Foundation attended the session.
During the session, the participants benefitted greatly from the informative discussions with the Shariah research scholars about matters pertaining to the proper collection and management of Zakat funds. The session was followed by a detailed question and answer session to clarify the numerous case-specific questions of the participants.