The Islamic Treasury & Welfare System

“And whatever you spend in charity or devotion, be sure Allah knows it all.” (Quran 2:273)

Definition & Origin

• Literal Meaning: Arabic term for “House of Wealth” or “Treasury.”

• Islamic Concept: A centralized system for collecting and distributing Islamic funds (Zakat, Sadaqah, Fidyah) to eligible recipients, established during the Prophet’s ﷺ era and formalized by Caliph Umar ibn al-Khattab (RA).

1. Funds Management: Transparency & Sharia Compliance

Core Principles:

• Quranic Guidelines: Strict adherence to Surah At-Tawbah (9:60) for Zakat distribution.

• Trust (Amanah): Funds are managed with accountability, as emphasized in the Hadith: “The trustee must give what he is entrusted with to the one who entrusted him” (Bukhari).

Operational Framework:

• Collection:

  • Zakat (2.5%): Calculated on savings, gold, and business assets.

  • Sadaqah: Voluntary charity for general welfare.

  • Fidyah/Kaffarah: Compensation for missed fasts or broken oaths.

• Distribution:

  • Prioritization: Poor (Fuqara) and needy (Masakeen) first, followed by other categories.

  • Verification: Recipients screened to ensure eligibility (e.g., income checks for Zakat).

• Audit & Reporting:

  • Annual financial reports shared with donors.

  • Independent Sharia audits to ensure compliance.

2. Donations: How to Contribute

Accepted Funds:

• Zakat: For eligible Muslims (calculate via our online tool).

• Sadaqah: General charity for projects like wells, orphan care, or education.

• Waqf: Endowments for long-term community assets (e.g., mosques, schools).

Ways to Donate:

1. Online: Secure portal on our website (credit/debit/Bank transfer).

2. In-Person: Visit our office or designated collection centers.

3. Bank Transfer: Direct deposit to our verified account (details on website).

4. Mobile Payments: Via UPI/Google Pay.