Thursday, November 22, 2007

Charity Raises SR4.6 Million in Shares

Sunday, 23 September 2007
By Adel Al-Malki
AL-NOUR is the first charity project to have such valuable shares because each share aims to give Islamic aid to the poor people in the world, it was announced Wednesday during the Makkah Charity Association's first ceremony in Leilaty.
Each share, worth SR450, will financially help various charitable projects, believe members of the organization, who are devoted to printing the Holy Qura'n and distributing the income to the needy throughout the world. "The project aims to care for Muslim orphans and build care centers, schools and hospitals which sponsor orphans and systematically make them worthy members in their communities," Abdullah Nassif , the charity's chairman of the board, said during the ceremony.
A documentary about the institution and its role in charity work with orphans was shown during the ceremony.
Attendees donated over SR4,600,000 to Al-Shfa'a Center, which will care for orphans and the needy.

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