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12.11. Profits from Investments PDF Print E-mail

 

Profits received from investments in the form of rentals and dividends form part of cash and is normally used during the year to pay expenses or for further investments. For Zakat purposes, the total amount of cash held at the end of the Zakat year must be taken into account only and the fluctuations in case balances during the course of the year must be ignored.

 

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Sitara-e-Isaar Awarded to Hidaya Foundation

Hidaya Foundation was awarded Sitara-i-Eisaar (Star of Sacrifice) by the Government of Pakistan, in recognition of the results-oriented relief efforts during the 2005 earthquake in Pakistan, during a special ceremony held at the Embassy of Pakistan in Washington, DC, on September 21, 2006.

 

Hidaya Foundation is a non-profit 501(c)(3) educational and charitable organization with FEIN 77-0502583. Your donations are tax deductible. Hidaya Foundation puts it’s best effort to utilizie the funds donated for a specific project, sometimes circumstances dictate we use funds otherwise.