The activities of the 21st session of the training course for calculating Zakat for companies by the Department of Zakat Fund at the Ministry of Endowments (Awqaf) and Islamic Affairs (Awqaf) have come to an end.
The course, according to an official press statement by Awqaf, was held from November 7 to 10 under the patronage of HE the Minister of Endowments (Awqaf) and Islamic Affairs Ghanem bin Shaheen bin Ghanem al-Ghanem.
The course had some 50 participants who included accountants, auditors and financial managers of national institutions and companies. Ahmed Sultan al-Misifri, assistant director of the Zakat Fund Department, gave a speech and stressed that the Zakat Fund is keen to organise this course annually.
“Over the past 21 years, the Fund has trained more than 1,550 financial managers and auditors belonging to hundreds of economic institutions on the accounting of corporate Zakat. This will help them calculate the Zakat of their companies,” he said.
He urged the graduates to benefit from the course’s data, which enabled them to identify a specialised style of financial accounting that they were not able to learn in their university studies. Also, he wanted them to apply what they learned to their practical lives.
The course included lectures, workshops and training that covered the legal and accounting aspects of calculating corporate Zakat. On the legal aspect of the session, Sheikh Farid Amin al-Hindawi, legal supervisor of Zakat Fund, gave a speech on ‘the jurisprudence of Zakat’.
The last day of the course was devoted to the practical training of participants on what was discussed during the lectures. Al-Misifri and Mohamed Jaber al-Baridi, head of the Zakat Services Department, honoured the participants and distributed certificates.