The Maldivian Zakat Fund has reached a significant milestone this year by receiving MVR 98 million in contributions, marking the highest income recorded since its establishment. This achievement was shared by the Minister of Islamic Affairs, Dr. Mohamed Shaheem Ali Saeed, who spoke about the fund’s growing success in supporting those in need.
Aiming for MVR 100 Million
Dr. Shaheem expressed the ministry's goal of raising the fund to at least MVR 100 million in the near future. He emphasized that the government would continue to support those benefiting from Zakat, following the principles outlined in Shari'ah law. This move is part of a broader strategy to provide more effective assistance to the Maldivian population, particularly in areas of health, education, and welfare.
The Minister credited the introduction of a special Zakat Agency under President Dr. Muizzu’s administration as a key factor behind the fund's increased success. In a statement last month, Dr. Shaheem noted that the previous total for Zakat contributions was only MVR 14 million. With enhanced public awareness and a more organized approach to managing funds, the total has grown substantially.
Increased Public Awareness Contributes to Growth
Over the past few years, public understanding of the Zakat system has improved, and this has played a crucial role in boosting the amount of donations. Before the establishment of the dedicated agency, Zakat was managed by a department within the Ministry of Islamic Affairs. However, as of December 18, 2023, the Zakat Agency became an independent entity, focusing solely on Zakat collection and distribution.
This shift has allowed for more streamlined operations and greater transparency, making it easier for the public to contribute. The growth in donations reflects the positive impact of these changes, highlighting the importance of a structured system for charitable giving.
Assistance to Those in Need
The Zakat Fund offers a variety of support services to those in need, focusing on medical and educational assistance. The fund has helped send many patients with Thalassemia abroad for bone marrow transplants, offering them a chance at a better quality of life. The government continues to prioritize these essential services, ensuring that those who require financial help have access to the resources they need.
In addition to medical aid, the fund has provided support for higher education, helping students pursue advanced studies both locally and internationally. This contribution to education aims to foster long-term development within the Maldives, equipping future generations with the skills and knowledge needed to contribute to the nation’s progress.
Zakat Fund's Global Outreach
The Zakat Fund’s influence extends beyond the Maldives. Recently, the Ministry of Islamic Affairs sent USD 100,000 in aid from the Zakat Fund to support the people of Gaza. This international effort highlights the commitment of the Maldives to humanitarian causes, ensuring that the Zakat Fund helps people in need both at home and abroad.
As the fund continues to grow, the Ministry of Islamic Affairs remains dedicated to managing the funds in a way that is consistent with Shari'ah law, while also ensuring that the money is used effectively to support those who need it most.
Sustaining Growth and Impact
With plans to reach MVR 100 million in the coming years, the Zakat Fund is positioned to make an even greater impact in the Maldives. The continued rise in donations, coupled with a clear and structured approach to fund management, promises a bright future for the people who benefit from this vital resource.
The success of the Zakat Fund demonstrates the importance of community-driven efforts to address pressing social issues, from healthcare to education. As the public becomes more engaged, the potential for future growth remains significant, offering hope for the continued welfare of the Maldives' most vulnerable populations
