CZM widening Zakat projects across country
Tuesday, 19 October 2010
FE Report
Centre For Zakat Management (CZM) is expanding its Zakat disbursement projects rapidly in different regions across the country to achieve its goal of poverty alleviation through Zakat, a CZM official said.
"Currently we are expanding our projects in Dhaka, Chittagong and Sylhet zones. Our next target is to reach North Bengal zone where poverty-stricken people suffer most", the official said.
CZM, a pro-poor social enterprise supported by Rahimafrooz Bangladesh Ltd, has been working to institutionalise the collection and disbursement of Zakat money since its inception.
Recently CZM started to expand its flagship project - Ideal Village Project (IVP) - in a new village in Manikganj which is the 5th in a row. "Our previous 4 IVPs turned out in substantial success. These four projects have rehabilitated 1,500 beneficiaries", he said.
The new IVP is supposed to accommodate 300 more families. Masjid Council for Community Advancement (MCCA) is implementing the IVP projects for CZM.
"Besides expanding IVP, we are also increasing the number of student beneficiaries of our Genius scholarship programme, both in Dhaka and Chittagong", the official said. The Genius programme in Chittagong is being financed by A K Khan Foundation.
Another major CZM intervention is Livelihood project named "Jibika", which is newly launched in Chittagong (Jibika-Karnaphuli) with AK Khan Foundation as its project financer and in Sylhet (Jibika-Surma) where the financer sought anonymity.
"Four new Gulbagicha projects are on the way to be launched", the official added. Gulbagicha is Education and Nutrition project for children, especially for orphan children. This new addition is supposed to cover 600 children.
For the current phase of expansion, CZM is expending approximately BDT 50 million. On the collection side, CZM receives corporate Zakat from its six corporate clients including AK Khan Group. "Four to five more corporate houses will soon join the pool", the official added.
End: Nezam
Centre For Zakat Management (CZM) is expanding its Zakat disbursement projects rapidly in different regions across the country to achieve its goal of poverty alleviation through Zakat, a CZM official said.
"Currently we are expanding our projects in Dhaka, Chittagong and Sylhet zones. Our next target is to reach North Bengal zone where poverty-stricken people suffer most", the official said.
CZM, a pro-poor social enterprise supported by Rahimafrooz Bangladesh Ltd, has been working to institutionalise the collection and disbursement of Zakat money since its inception.
Recently CZM started to expand its flagship project - Ideal Village Project (IVP) - in a new village in Manikganj which is the 5th in a row. "Our previous 4 IVPs turned out in substantial success. These four projects have rehabilitated 1,500 beneficiaries", he said.
The new IVP is supposed to accommodate 300 more families. Masjid Council for Community Advancement (MCCA) is implementing the IVP projects for CZM.
"Besides expanding IVP, we are also increasing the number of student beneficiaries of our Genius scholarship programme, both in Dhaka and Chittagong", the official said. The Genius programme in Chittagong is being financed by A K Khan Foundation.
Another major CZM intervention is Livelihood project named "Jibika", which is newly launched in Chittagong (Jibika-Karnaphuli) with AK Khan Foundation as its project financer and in Sylhet (Jibika-Surma) where the financer sought anonymity.
"Four new Gulbagicha projects are on the way to be launched", the official added. Gulbagicha is Education and Nutrition project for children, especially for orphan children. This new addition is supposed to cover 600 children.
For the current phase of expansion, CZM is expending approximately BDT 50 million. On the collection side, CZM receives corporate Zakat from its six corporate clients including AK Khan Group. "Four to five more corporate houses will soon join the pool", the official added.
End: Nezam