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Islamic Solidarity Fund Projects Financing Approvals Total US$ 249 million

Pays
territoire Palestinien occupé
+ 3
Sources
OIC
Date de publication
Origine
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The Islamic Solidarity Fund of the Organisation of Islamic Cooperation (OIC) announced that the number of projects approved and executed since its establishment up to 2017 is about 2, 695 projects in the amount of US$249 million. The Secretary General of the Organisation of Islamic Cooperation, Dr. Yousef A. Al-Othaimeen lauded the ongoing generous voluntary contributions by the Kingdom of Saudi Arabia, the United Arab Emirates, and the Republic of Turkey. He also thanked the Member States that had previously donated to the ISF and appealed to others to play their roles in supporting the Fund.

Since the establishment of the Fund in 1974, the State of Palestine has been prioritized in the receipt of direct support from the Fund to champion the just cause of the Palestinian people in the areas of health, social, cultural and educational amenities among others. The total amount provided by the ISF to support the Palestinian people is US$27 million.

On another hand, the ISF supported women and children to the tune of US$2.4million covering orphans’ welfare, child protection and advancement of rural women. It also contributed to micro financing operations for poor widows in many countries.

The ISF also paid attention to universities, having provided US$75 million to the sector, comprising the building of faculties and relevant facilities and supported student scholarships. The ISF assistance covered Islamic studies centres in reputable and world class universities such as Harvard University in the US and Oxford University in the United Kingdom.

The Islamic Solidarity Fund also provided in-kind and financial assistance which amounted to US$ 55 million to some Muslim communities affected by natural disasters and crises in 59 states in order to mitigate their impacts.

It provided financial assistance to 506 schools, 213 mosques and 109 hospitals in the amount of US$33 million while assistance to the youth and sports sector with the Islamic Solidarity Sports Federation and Muslim Scouts camps totaled US$3.2 million.

ISF participated in financing academic symposia and Islamic forums to the tune of US$10 million. It provided US$36 million for several projects and programmes at Islamic cultural, social and seasonal entertainment centres in the Muslim world.

Since its inception in 1974, the ISF has also contributed to Islamic dawa all over the world through financing education programmes, printing Islamic books, with the amount provided totaling US7 million as of today. The ISF also contributed to the establishment of radio stations and participated in the production of Islamic films, editing and publication of Islamic manuscripts, and supporting relevant newspapers and journals.