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ZAKAT FUND
(1Zakat Fund of the Egyptian Saudi Finance Bank was founded
according to the Board of Directors' resolution, issued in its
session held the 29th of April, 1994. Zakat Fund is
situated at the headquarters of the Bank; but the funds and the
accounts of Zakat Fund are totally independent from the Bank's
funds and accounts. Zakat Fund's resources are generated by the
following sources:
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The Zakat
imposed, as a divine obligation prescribed by Muslim Sharia, on
the funds of the Bank.
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All cash and in
kind donations and alm-givings, which are
approved by Zakat Funds Management Committee and are granted and
donated by depositors or other individuals, bodies, institutions
or authorities.
(2In all cases, Zakat Fund shall be obliged to donate the Zakat
to appropriate people or entities through its lawful and
legitimate channels.
GO For Gold… Go For E.S.F.B.
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