Legal Framework: Verifying Your Trust

Cryptocurrency, Ibadah / Acts of Worship, Report, What We Do
Legal Framework

Verifying Your Trust: A Look at Our Islamic Charity’s Legal Framework

Is our Islamic charity legal? Yes. In the following, we explain all the cases.

Donating to charity is a noble act, and entrusting your hard-earned resources requires confidence. At Our Islamic Charity, we understand your desire for transparency and want to assure you that we operate within a robust legal framework. This guide will delve into the legalities that govern our organization, demonstrating our commitment to ethical and compliant practices.

Registered and Recognized: Building Trust Through Legality

Our foundation lies in legality. We are a registered charity, adhering to the established legal requirements of each country we operate in. This registration process involves a thorough examination of our governing documents, which outline our charitable purpose, management structure, and financial practices. This level of scrutiny ensures we are held accountable to the highest legal standards. We have Charity statutes and founders’ documents and you can read the last board members here.

Tax Exemptions: Maximizing Your Impact

Our registered status grants us tax-exempt status in various countries, including Afghanistan, Pakistan, India, Iraq, Syria, and Yemen. This translates to a significant benefit for you, the donor. With tax exemptions, more of your generous contributions go directly towards supporting those in need. While the specific exemption percentages may differ by country, our core mission remains unwavering: maximizing the impact of your donation on deserving communities.

Beyond Borders: Expanding Our Reach with Legal Compliance

As a multinational Islamic Charity, we actively serve across several countries. In each location, we prioritize rigorous compliance with local laws and regulations governing charitable organizations. This dedication extends to African nations like Sudan, South Sudan, Eritrea, Ethiopia, Somalia, and Niger, where we adhere to established charitable frameworks.

Zakat Eligibility: Fulfilling Your Religious Obligation

We recognize the importance of Zakat, a cornerstone of Islamic faith. Our organization is Zakat-eligible, meaning your donations can be used to fulfill this essential religious obligation. This eligibility is confirmed through the documents and audit reports we submit annually to Taqlid offices. These submissions ensure your contributions qualify for Zakat, allowing you to fulfill your religious duty with confidence.

Riba-Free: Aligning with Islamic Values

We operate under the principles of Riba-free finance, ensuring your donations are used ethically and do not generate any usury. Furthermore, we maintain Riba-Free certification, guaranteeing that all our practices and activities comply with Islamic law. This commitment to ethical and Sharia-compliant operations allows you to donate with peace of mind.

Practicing Islamic Niyyah: Pure Intentions, Powerful Impact

Our guiding principle is Islamic Niyyah, meaning pure intention. We are dedicated to serving the community with sincerity and compassion, ensuring your donations are used solely for charitable purposes aligned with Allah’s will. This commitment to ethical conduct underpins every aspect of our organization.

Navigating Crypto Donations: Following Regulations with Vigilance

The legal landscape surrounding cryptocurrencies is still evolving in many countries. While some lack specific regulations regarding crypto transfers, we remain committed to following all ongoing regulations. We actively monitor legal developments and ensure our practices remain compliant in the countries we serve.

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