Islamic Foundation In Bangladesh

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Islamic Foundation in Bangladesh: A Council for Inspiring Others

NetworkBD is an in-depth consulting firm that will inspire you in helping on Islamic Foundation. The Islamic Foundation of Bangladesh is a non-profit organization dedicated to spreading Islamic beliefs and values while also carrying out Islamic activities. In 1959, the Baitul Mukarram Society was founded with the goal of constructing a grand mosque in Dhaka. In the same year, some Dhaka-based Islamic intellectuals founded Darul Ulum (House of Learning) to popularize Islamic culture and to study Islamic living philosophy. It was renamed Islamic Academy a year later and became a part of the Central Islamic Research Institute in Karachi.

 

The Baitul Mukarram Society and the Islamic Academy were consolidated into one institution, the Islamic Foundation, by legislation enacted on March 22, 1975. On March 28, 1975, the Islamic Foundation Act was signed into law. In 1978, the Islamic Foundation Bangladesh caught the attention of the Muslim world when it hosted a symposium on Human and Natural Resources in Islamic Countries on the 20th and 22nd of March in Dhaka, under the auspices of the Organization of Islamic Countries. The event drew participants from 16 nations, including Bangladesh. In 1979-80, the Islamic Foundation gained a new lease on life.

Islamic Foundation In Bangladesh

Network BD Advisors Deals With 10 Acclaimed Aim Of Islamic Foundation

The foundation’s goals and purposes, as defined by the Islamic Foundation Act, are as follows:

 

  1. To establish, administer, and maintain mosques, Islamic centers, academies, and institutes, as well as to provide financial assistance to them.
  2. Examine the role of Islam in culture, science, and civilization.
  3. Aid in the dissemination of Islamic ideas of universal fraternity, tolerance, and justice; 
  4. Encourage the study of Islamic history, philosophy, culture, law, and the judiciary in order to popularize Islam’s value system and standards.
  5. Organize conferences, lectures, debates, seminars, and symposia on these topics, as well as publish books and publications on these topics.
  6. Introduce and give prizes and medals for excellent contributions to various Islamic subjects.
  7. Develop projects on Islam-related topics and provide assistance to others who are doing so;
  8. Scholarships for Islamic studies should be made available to researchers.
  9. Take care of the Baitul Mukarram Mosque’s management and development; and
  10. Engage in any other activities that are consistent with the aforementioned goals and objectives.

We Assist To Find Financing Sources Of The Foundation

The Foundation receives funding from the following organizations:

 

  1. Funds transferred to the Foundation from the Islami Academy and the Baitul Mukarram Mosque;
  2. Government assistance in the form of grants and loans;
  3. Other domestic sources of credit;
  4. Grants and loans from foreign governments or organizations with the government’s prior approval;
  5. Contributions and donations;
  6. Investment returns, royalties, and income from the Foundation’s own properties;
  7. Miscellaneous sources.

13 Valuation Activities Of Islamic Foundation

The Foundation’s programs and activities are carried out by its many divisions. It works on two different types of projects: revenue and development. The programs are carried out by 13 departments, four divisional offices, 64 district offices, seven imam training academies, 29 Islamic Mission Centres, and eight development projects spread among 13 departments, four divisional offices, and 64 district offices. Some departments have multiple divisions. Some departments are responsible for either revenue or development programs, while others are responsible for both. The thirteen departments are: 

 

 

  1. Administration
  2. Coordination
  3. Finance and accounts
  4. Planning
  5. Islamic mission
  6. Publication
  7. Research
  8. Translation and compilation
  9. Islamic encyclopedia compilation and publication
  10. Dwini Dawat (invitation to religion) and culture
  11. Islamic Foundation Library
  12. Islamic Foundation Press, and
  13. The Zakat Board.

Know Islamic Mission Of The Foundation

The Foundation’s Islamic Mission began operations in July 1983. Medical treatment, assistance to orphans and destitute women, vocational training and training for unemployed youth, extending interest-free loans, supplying equipment for livelihood trades, organizing literacy programs, and imparting knowledge on the fundamentals of the Islamic way of life are among the mission’s service-oriented programs. The Foundation has around 29 missions in various regions and wants to develop a mission in each district. Volunteers are frequently trained by the Islamic Mission, and workshops to raise awareness of Islamic ideals are held on a regular basis.

Zakat Board:

On January 5, 1982, the Foundation established the Zakat Board to collect zakat and distribute the funds to the poor in a systematic manner. The board has 13 members and is chaired by a well-known Muslim scholar. The Foundation implements several programs for the rehabilitation of the destitute with the money put in the Zakat Fund. Programs like these include:

 

  1. Administration of a free children’s hospital in Tongi and 25 sewing training centers to assist and rehabilitate the unemployed;
  2. Providing disadvantaged kids with instructional supplies;
  3. The provision of stipends to deserving impoverished students;
  4. Providing rickshaws or vehicles to the unemployed for rehabilitation;

Religious Customs & Culture Are Invited To Participate

A separate component of the Foundation is dedicated to spreading Islamic education, ideals, and values. The department is involved in the celebration and commemoration of important religious and national days; the organization of discussions, seminars, and symposia on the lives of the Prophet’s (Sm) companions, Islamic scholars, and national leaders; the organization of religious sessions on the holy Quran and hadith at the Baitul Mukarram Mosque; and the formulation of programs to commemorate Eid-ul Fitr, Eid-ul Azha, Shab-e-Qadr, Shab Barat, Miladunnabi, etc. And organizing qirat (recitation of the Holy Quran) and hefz (memorization of the Holy Quran) competitions at the local, national, and worldwide levels.

FAQs For Islamic Foundation Consultation Services

1. How do I make a donation?

Donations can be made in a number of different ways. Every Jumma and Eid prayers, we accept card payments, cheque payments, standing orders, and bank transfer donations.

2. What's the difference between a foundation and a trust?

Bangladesh has trusts (governed by common law) and foundations (governed by the civil law code), both of which can be used in an Islamic way if they follow Shariah principles. Both trusts and foundations are extremely adaptable, with a wide range of options to meet a variety of needs

3. 3. Is it possible to register a Bangladesh foundation for both charitable and non-charitable purposes?

A Bangladesh foundation must be registered for either charitable or non-charitable purposes in general. However, a Bangladesh non-charitable foundation may be permitted to engage in charitable activities if they are incidental to their philanthropic purpose and not the foundation’s primary activities. This must be stated explicitly in the foundation’s charter, and the foundation is not permitted to solicit public donations.

4. Can a third party become a founder if he donates an asset to an existing Bangladesh foundation?

No, because the founder is the person who establishes the Bangladesh foundation by providing initial assets. Endowments do not include assets donated by third parties.

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