The Muslim Voice Audio
Jaiz Charity and Development Foundation through
economic empowerment has allotted N2,305,000.00 for 41 beneficiaries which represents 43.9 percent; Debt-relief for 14 beneficiaries is allotted N1,145,000.00 representing 21.81 percent and Humanitarian service for 2 persons is allotted N798,000.00 which is about 15.2 percent.
According to the orgnisation, other allotments include Educational support for 3 persons which takes N350,000.00, about 6.62 percent; 2 beneficiaries of Medical support is allotted N200,000.00, about 3.81 percent and Administrative cost of N452,000.00, takes about 8.61 percent.
Similarly, Zakat items were distributed to members of the public, including, local oven, baking and rolling pans; 50 crates of eggs; sewing machine; weaving machine; 4 bags of rice; 5 bags of semovita, 10 bags of charcoal, phone repairing tools, half bag of yam flour; and several packs of soft drinks.
Jaiz Foundation was established by Jaiz Bank Plc on 2nd April 2012 as a Charity and Development organization to manage certain types of incomes not recognized by the Bank (non-permissible incomes) or the ones classified as doubtful by the Bank’s Advisory Council of Experts (ACE). The non-profit and non-governmental organization meant to complement the efforts of governments in improving people’s lives.