Zakat Foundation™ Brunei is a non-profit organization dedicated to collecting and distributing Zakat, a religious obligation for Muslims who are able to donate a portion of their wealth to support those in need. The foundation is committed to ensuring that Zakat is used effectively and efficiently to help those who are most in need.
As a non-profit organization, Zakat Foundation™ Brunei is required to maintain legal and financial documents to ensure transparency and accountability. These documents provide important information about the organization's finances, operations, and governance.
Legal Documents
Zakat Foundation™ Brunei is registered with the Registrar of Societies under the Societies Act Chapter 66. The foundation is required to maintain its registration status by submitting annual reports and complying with all relevant laws and regulations. The registration certificate and other legal documents are available for public viewing and can be accessed at the Registrar of Societies office.
The foundation's constitution is another important legal document that outlines the organization's objectives, governance structure, and operational procedures. The constitution is a crucial document as it ensures that the organization is governed in a fair, transparent, and accountable manner. The constitution is also available for public viewing and can be accessed on the foundation's website.
Financial Documents
Zakat Foundation™ Brunei is committed to ensuring that all funds received from donors are used effectively and efficiently to help those in need. The foundation is required to maintain accurate and up-to-date financial records to ensure transparency and accountability.
The foundation's financial statements provide important information about the organization's income, expenses, assets, and liabilities. The financial statements are audited annually by an independent auditor to ensure that they are accurate and comply with all relevant accounting standards.
The foundation also maintains a list of its major donors and the amount donated by each donor. This information is important for ensuring transparency and accountability in the use of funds received from donors.
In addition to financial statements, the foundation also maintains records of all donations received and disbursed. This information is important for ensuring that donations are used for their intended purpose and that they are distributed in a fair and transparent manner.
Transparency and Accountability
Zakat Foundation™ Brunei is committed to ensuring transparency and accountability in all its operations. The foundation's legal and financial documents provide important information about the organization's governance, operations, and finances. These documents are available for public viewing to ensure transparency and accountability.
The foundation also has a Board of Directors that is responsible for overseeing the organization's operations and ensuring that it is run in accordance with the organization's constitution and all relevant laws and regulations. The Board of Directors is made up of individuals with a diverse range of skills and expertise, and they are committed to ensuring that the organization operates in a transparent and accountable manner.
Conclusion
Zakat Foundation™ Brunei is a non-profit organization dedicated to collecting and distributing Zakat to those in need. As a non-profit organization, the foundation is required to maintain legal and financial documents to ensure transparency and accountability. These documents provide important information about the organization's finances, operations, and governance, and they are available for public viewing. The foundation is committed to ensuring that all funds received from donors are used effectively and efficiently to help those in need, and it is governed by a Board of Directors that is committed to transparency and accountability.
