Islam holds a great distinction for its emphasis on the rights of people (Haqooq ul Ibad) and for that matter it gives great importance on charity and social welfare. “Zakat” is one of the five compulsory duties in Islam, meant to help and support the underprivileged. In the Holy Quran, (Surah Al-Tawbah) eight categories of people have been identified, who deserve Zakat. So accordingly Zakat is permissible to deserving and needy students and for educational institutions.
As for as charity is concerned, it is stated in Surah Al–Imran, “By no means shall you attain to righteousness until you spend (benevolently) out of what you love, and what–ever thing you spent, Allah surely knows it.” Similarly, a vivid emphasis is given in Surah Al–Baqrah, “Practice regular charity: to fulfill the contracts which ye have made.”
In this regard there is a Hadith of Sahih Muslim which says “When a man dies, his acts come to an end but three: recurring charity, or knowledge (by which people) benefit, or a pious son, who prays for him (for the deceased).” Therefore, it is inferred that extending financial support to make or develop educational institutions is a noble work and considered as “Sadqa–e–Jaria” (continuous reward). So, Zakat and charity which are religious obligations can be given to endowment funds which is established meant to provide financial aid to the deserving students and development projects of GC University, Lahore.
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ZAKAT & CHARITY ARE PERMISSIBLE FOR GCU ENDOWMENT FUND TRUST |
Contact:
GC University, Lahore – 54000, Pakistan.
Tel. & Fax: 0092 42-99210555
UAN: 111-000-010 – Ext: 393
Website: www.gcu-eft.org
Secretary Trust: treasurer@gcu.edu.pk