AMP Zakat Fund Report 2015

AMP Zakat Fund Report 2015

AMP firmly believes that Education and Self Employment have the power to salvage the community from the throes of ignorance and widespread adversity and usher in a new era of prosperity. With this noble intention of helping our needy Muslim brethren and in turn making them capable of helping themselves, AMP had initiated a “Zakat Fund” 3 years back. The purpose of this fund is to provide monetary support to genuinely needy Muslims under 2 main heads, namely: Higher Education and Self-Employment.

AMP is very happy to announce that AMP has completed the distribution of its Scholarship to 106 Students and distribution of Financial Assistance to 46 Families to start small businesses for the Year 2015.

Higher & Technical Education Scholarships

We distributed scholarships of 10 lac 60 thousand rupees to 106 Students of Higher and Technical Education for the 3rd consecutive year. Through the Scholarship project, AMP supports financially needy students pursuing professional courses mainly in the fields of Engineering and Medical Education. These scholarships are distributed to the most deserving and meritorious students selected from applications received across India.

Promoting Self-Employment

Financial assistance of Rs. 25,000 each was provided to 46 families — supporting young, talented, unemployed youth within the community to start a small business. This support was provided across India, mainly focusing on rural areas. The objective of AMP is to help make the Zakat seekers of today become the Zakat givers of tomorrow, with thorough due diligence conducted across all regions.

Special Focus: Severe Drought Relief in Osmanabad & Latur

AMP keeps social and environmental scenarios in mind during fund distribution. The areas in and around Osmanabad and Latur in Maharashtra were key focus areas during the 2015 disbursal, taking into account the severe drought and acute water shortage affecting poor farming families.

Furthermore, AMP members and supporters specifically identified impoverished families where a female is the sole bread-earner. Deeply moved to observe households struggling to survive on as little as Rs. 600 for an entire month, AMP distributed direct assistance to 10 such vulnerable families to support sustainable survival and livelihoods.

AMP Zakat Fund 2015 — Summary at a Glance

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Metric / CategoryAmount / Beneficiary Count
Total Zakat Fund CollectedRs. 20,65,040
Total Zakat Fund DisbursedRs. 20,60,040
Balance RetainedRs. 5,040
Beneficiaries for Education (Higher & Technical)106 Students
Beneficiaries for Self Employment (Rs. 25,000 each)46 Families
Total Beneficiaries Supported152 Beneficiaries

It is noteworthy that AMP initiated its Zakat Fund in 2013 with a modest collection of merely Rs. 2 Lakhs, jumped fourfold to Rs. 8 Lakhs in 2014, and grew tenfold to over Rs. 20 Lakhs in 2015 — multiplying community impact exponentially across India.

Please Note:

To protect the modesty and dignity of Zakat recipients and preserve the privacy of donors, AMP does not publish the beneficiary list publicly. The detailed list is available upon formal request and due verification.