Social Solidarity Fund
We reward everyone who contributes to building their future.
In response to the call for social and human solidarity which Islam recommended us, we established this fund under the umbrella of a license for a public benefit association in Turkey under the name of the International Center for Islamic Economy to work on establishing funds aimed at support and local creativity and building optimism and hope among people.
Based on these wise directives in support of the wheel of construction and progress, we work to support the members of the fund and participants in its cooperative and solidarity programs that serve, develop and develop the capabilities of the members of the fund and its employees in general.
And since we are working to provide new job opportunities through programs and projects, it has been decided to launch the (loyalty card) that the member will receive according to the goals and objectives set forth in the special fund of the headquarters and approved by the board of directors of his representative, Mr. Nidal Al Silawi and Dr. Shihab Al Azazi And members of the Board of Directors according to the following:
The shareholders or their representatives shall participate in taking all financial and administrative decisions in the presence of or a joint signature with the management of the Social Solidarity Fund Board.
Shareholders and members shall have a share in benefiting from the programs of the Social Solidarity Fund and the Wafa Card
The right to issue this card shall be in the name of the Social Solidarity Fund under the license of the Association (International Center for Islamic Economy) and to obtain the following:
a. The founding fees of the founders of the association and the shareholders in the management of the fund are (100) one hundred dollars, non-refundable, paid once.
B. . The application fee for membership in the society is (100) one hundred dollars, not refundable from each participating member, to be paid annually.
T. The application fee for obtaining (the Takaful Card) to benefit from other programs of the Fund is (100) one hundred dollars to be paid annually.
Note: This fee is currently entitled to the Board of Directors to raise and amend it later
The share of (Student Science Guarantee Program) of the Social Solidarity Fund shall be 10% of the total, and the Education Fund shall bear all expenses and expenses related to education programs.
All branches that are opened for the fund in any country in the world are approved in cooperation with cooperative societies in those countries with the approval of the Board of Directors according to the principles and the law.
The shareholders depend on their representatives in the branches of countries, on his account and his expense, and they conduct their business with the fund management duly, and they follow directly to the fund management and they treat the fund management employees.
Accounts are opened with an Islamic bank in the name / social solidarity fund. Providing mail in the name of the fund with a joint signature duly combined.
A formal consultant financial office in Turkey is contracted, in addition to appointing an accountant affiliated with the association to undertake financial management according to the accounting system by issuing financial reports weekly, monthly and annually in which all revenues, expenses and surplus in the fund management are clarified.
The financial surplus and rights are distributed to their owners monthly and annually through statements, documents and documents proving this.