Improving Livelihoods of Marginalised Young People Through Islamic Philanthropy
At Prince’s Trust International, we believe every child deserves the opportunity to learn, earn and thrive in life no matter their background.
By working with delivery partners across the globe we help young people to develop the skills and confidence that they need to succeed. We work in 17 countries across Africa, Asia, Caribbean, Europe and the Middle East, focusing on tackling the global crisis of youth unemployment.
Since our incarnation in 2015, we have reached over 25,000 young people and have helped them to gain necessary training and skills to get into education and employability.
Meet Fatima, Enterprise Challenge Pakistan
At just fifteen, Fatima is already part of a prize-winning entrepreneurial team, and one which is focused entirely on empowering other entrepreneurs – especially women.
"It is my dream to be able to make women economically independent, so that they can make their own decisions."
In rural Pakistan, formal jobs are in short supply. Traditional gender norms – including childcare and household responsibilities – make it particularly difficult for women to go out to work, so many work from home, running micro-businesses focused on sewing, embroidery or cooking traditional food.
But in the mountainous Hunza region, where Fatima lives, mobility and transport difficulties make it hard for home-based producers to reach customers beyond their own village. This dramatically limits their income.
Read Fatima’s Story Here
Our Zakat Policy
The British Muslim community and the wider Muslim donors who wish to support Prince’s Trust International projects through Zakat or Sadaqah (voluntary charity) can confidently donate to Prince’s Trust International in line with strict Zakat guidelines.
Zakat is an obligatory annual charitable payment due from every Muslim as an act of worship. Muslims are expected to pay a fixed percentage of their wealth to take care of the needy around the world. Prince’s Trust International has produced its Zakat policy as a platform to drive confidence and encourage Muslim donors to support important projects while fulfilling their religious obligations.
There are two types of charity which Muslims pay throughout the year.
The first is Sadaqah – an act of voluntary charity that benefits those in need. Simple good deeds such as a smile or a helping hand, are seen as act of Sadaqah.
Sadaqah is a voluntary charity (given willingly without any obligation) that can be performed at any time throughout the year and any amount and can be used for any project or programme which is of benefit to people.
The second type is Zakat, an obligatory annual payment due from every Muslim as an act of worship with strict guidelines. Muslims are expected to pay a fixed percentage of their wealth to take care of the needy around the world.
WHAT IS ZAKAT:
The Arabic word ‘Zakat’ means ‘to cleanse’ or ‘purification’ and by fulfilling this religious duty, Muslims regard it as purifying your wealth.
Zakat is one of the five pillars of Islam and is a central component of a Muslim’s faith. Zakat is an obligatory charitable payment upon every adult Muslim based on total wealth – cash, gold, silver, shares. Zakat is paid by Muslims on a yearly basis, whose wealth reaches a certain threshold known as the Nisab for one year, based on lunar calendar year.
Zakat donation amount is 2.5% of a Muslim’s total wealth (based on income and the value of assets). If the total assets equate to £10,000, the Zakat will equate to £250.
What is Nisab:
Nisab is the minimum amount of wealth a Muslim must possess before they become eligible to pay Zakat.
There are two Nisab values from which the threshold is determined.
Gold: the monetary value of 87.48 grams = £3,576.
Silver: the monetary value of 612.36 grams = £363.00.
If the individual doesn’t reach the Nisab, then it is not obligatory for the individual to pay Zakat. If the individual’s wealth is above the Nisab threshold, then it is obligatory to pay 2.5% on all wealth as Zakat to any of categories mentioned in the Quran.
Nisab threshold tend to vary due to the fluctuation of gold and silver.
WHAT ARE THE CATEGORIES:
There are 8 categories of people that are entitled to receive Zakat. They are:
- The poor
- The needy
- Zakat collectors / administrators
- Those whose hearts have been recently reconciled
- Those who have been enslaved
- Those in debt
- Travellers (including refugees)
- In the cause of God
WHEN SHOULD ZAKAT BE PAID:
Zakat must be paid on an annual basis. The Zakat anniversary is the date in which the individual first owned wealth above the Nisab threshold. If an individual is unsure, they can estimate. In reality, most Muslims will generally pay Zakat during Ramadan as it’s a good reminder, people are spiritually high and keen to make an impact.
WHY ARE PRINCE’S TRUST INTERNATIONAL ACCEPTING ZAKAT:
Prince’s Trust International currently operates in 17 countries including several projects being delivered within predominantly Muslim-majority countries (Jordan, Pakistan, Malaysia, and Nigeria). As a result, we have developed a fit for purpose Zakat Policy to maximise programmatic impact, whilst fulfilling and administering Zakat payments.
We have developed a Zakat policy to allow our potential donors to feel confident that donations to Prince’s Trust International’s Zakat Fund will be used to support our vital work in several predominantly Muslim and Muslim-majority countries and communities, in accordance with the principles of Shariah.
All beneficiaries of Zakat-funded activities will be those in the greatest need, the most marginalised or vulnerable people, in accordance with our organisational values.
WHAT WAS THE SCOPE OF THE CONSULTATION PROCESS:
Prince’s Trust International are committed to making a long-term impact through Zakat and have therefore consulted leading scholars on Zakatable processes and have created a fit for purpose Zakat policy with a selection of relevant zakatable projects, countries and implementation.
We also went through comprehensive research to understand Zakat, its criteria, eligibility, and processing of donations to maximise impact in line with Zakat guidelines.
WHAT IS 100% ZAKAT POLICY:
- 100% of Zakatable donation made to Prince’s Trust International are automatically allocated to a restricted Zakat fund dedicated to Zakatable projects.
- 100% Zakat policy means, we allocate 100% of the Zakatable donation to Zakatable projects ONLY and will not be used to cover any our admin cost.
- Prince’s Trust International’s selection of Zakatable projects is in Muslim countries – they are Jordan, Pakistan, Malaysia and Nigeria.
HOW DO PRINCE’S TRUST INTERNATIONAL ADMINISTER ZAKAT FUNDS:
We take Zakat very seriously and ensure 100% of Zakat is 100% compliant.
All Zakatable projects have been carefully selected within Muslim or Muslim majority communities across the world.
- Zakat payments made to Prince’s Trust International are allocated to a segregated general Zakat fund held by Prince’s Trust International. The Zakat funds are used to support Zakat-eligible projects in the Muslim-majority countries in which we operate.
- Your donations will be used for Zakat causes to support Muslims, and will be used within one lunar year of giving the Zakat in accordance with Shariah rules.
- Zakat payments will be automatically allocated into a dedicated and restricted Zakat fund, where all donations will be held until being sent to the relevant countries for implementation of Zakat-eligible projects.
- Where we can uplift the amount given through recognised tax schemes (for example Gift Aid in the UK) we will treat any uplift as an unrestricted donation to support our work.
WHICH PROGRAMMES WILL ZAKAT FUNDS BE USED FOR:
Prince’ Trust International’s established and dedicated projects through compliant partners will ensure Zakat goes towards:
- Get Into Healthcare Pakistan – Working with marginalised communities in the Korangi community of Karachi, to upskill young people into healthcare employment.
- Explore Enterprise Pakistan – Working with marginalised communities in remote regions of Gilgit-Baltistan and Balochistan to upskill young people to create pathways into employment.
- Team Malaysia – Working with the B40 and Orang Asli communities to upskill them to gain sustainable employment, through a 9 week personal development programme.
- Achieve Malaysia – Working with the B40 and Orang Asli communities to upskill them to gain sustainable employment, through an accredited development programme.
- Get Into Nigeria – Working within Lagos State to upskill young people into employment.
- Enterprise Challenge Jordan – Upskilling young people on enterprise and creating future opportunities for employment.
- Enterprise Challenge Pakistan – Upskilling young people on enterprise and creating future opportunities for employment.
- Enterprise Challenge Nigeria – Upskilling young people on enterprise and creating future opportunities for employment.
Transparency in respect of our compliance with Zakat principles is of foremost importance to Prince’s Trust International. Our reporting process in relation to Zakat will focus on several key areas:
- We will demonstrate how our programme activities have been selected and remain in line with beneficiary and activity guidelines for Zakat compliance.
- We will provide further comprehensive evaluation including the provision of visual reporting to the extent possible.
- We will report on the matters above in our annual financial report and by setting out the work we undertake on our website.