INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Zakat Fund reports revenue of $6 billion in 2021

Zakat Fund gives millions of Dollars as aid to deserving families every year
  • Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, said that the fund is totally transparent
  • Al Muhairi stressed that the Fund will continue working to raise awareness on the Islamic duty of Zakat

The Zakat Fund has recorded total revenues of $6 billion in 2021, an increase of 5 percent over the same period in 2020.

Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, stressed that the fund is moving forward to achieve a high level of leadership and excellence.

This stems from its strategic and operational plans and the confidence of people who donate zakat to the fund, which ensures complete transparency, he added.

He also said that the fund has made its services and payment channels available to the public and has benefited from technological developments, which have enabled it to reach out to more people and provide them with various zakat options.

Al Muhairi expressed his thanks and appreciation to the donors, stressing that the Fund will continue working to raise awareness on the Islamic duty of Zakat.