KD 51,455 million total revenues in 10 months
KUWAIT: Kuwaiti Minister of Awqaf and Islamic Affairs and Minister of State for Municipal Affairs Fahd Al-Shula said yesterday that Kuwait’s Zakat House is the pride of Kuwait and its people, thanks to its humanitarian and charity work. This came during the minister’s chairmanship of Zakat House’s board meeting during which he reviewed a report on performance indicators and progress of work in various sectors of Zakat House during the period from January 1 to September 30, 2018.
The Minister praised efforts exerted by the Board of Directors to promote the Zakat House till it reached this distinguished position in charitable and humanitarian work, calling for more work and effort to maintain the prestigious status of the Zakat House. The statement said that the total revenues of the Zakat House reached about KD 51,455 million ($168 million), a growth of 14 percent over the same period of 2017. He noted that the House’s Board thanked the benefactors and supporters for their donations and support to enable the house to continue its charitable and humanitarian work in society. He pointed out that the total domestic and external expenditure of the Zakat House reached about KD 39.780 million (about $117 million), while the domestic expenditure amounted to KD 23 million (about $70 million) and the external about KD 16.272 million (about $48 million), indicating that they are conditional amounts of donors to set up projects abroad.
The number of families benefiting from Zakat House assistance within Kuwait reached 17,873 families, with assistance amounting to KD 7,186 million (about $21 million). He concluded by saying that some 7,788 families have benefited from foodstuffs and in-kind assistance per month, in addition to the financial support provided to some bodies and ministries through joint fund agreements between the Zakat House and those entities. – KUNA