ICD
Headquarters, 10th June 2006 __ In order to support income-generating
projects for Palestinian poor families, and as per the directives
of the CEO & General Manager, Mr. Abdulmajied Bannan, Chairman
of the ICD Solidarity Fund Committee, has recently met Ms. Fatima
El Gadaa, owner of "El Hana" needle work and sewing
workshop in Kalkelia, Palestine, to look into how ICD can support
such projects.
Ms.
El Gadaa has been awarded the IDB Prize (for individuals) in recognition
of her contribution to improving the living conditions for low-income
families in the IDB member countries.
The
Solidarity Fund aims to contribute to social development by raising
awareness in the healthcare and educational sectors in the ICD
member countries, strengthening community and family foundations
in these countries through financial support for healthcare projects
and for those organizations which contribute to raising awareness
in terms of production and environment among the poor, productive
micro projects for the low-income population, projects for increasing
the income of productive families and to sector-based research
and studies and conferences in the member countries.
By
virtue of Decision No. BOD18/10/424, the ICD Board of Directors
has approved the establishment of the ICD Solidarity Fund and
has thereafter, by virtue of Decision No. BOD20/6/424, approved
the By-Laws of the Fund.
The objective behind the establishment of the ICD Solidarity Fund
is to allow ICD to contribute to charitable projects and activities
that have a social, cultural and welfare development impact on
the Ummah through healthcare, educational, community service and
family associations and foundations. The Fund will be financed
mainly through earnings from ICD's non-Shariah compliant investments.
Pursuant
to the approved By-Laws, eligible areas are as follows:
1.
Education and public libraries for the purpose of eliminating
illiteracy.
2.
Basic healthcare, hospitals treating chronic diseases, people
with special needs.
3. Efforts aimed at raising awareness in terms of production and
environment among the poor populations or areas.
4.
Activities generating income for the poor, micro-project financing,
productive family projects, and projects for women family providers.
5. Sector-based research and studies, and conferences on development
and private-sector support policies.
Eligible applicants are non-profit-making associations and foundations
operating and officially registered in the countries concerned,
and which have the technical, financial and administrative capacity
to run the project and provide the necessary resources.
If the above 2 requirements (Eligible Areas and Eligible Applicants)
are met, the applicant must produce the following documents and
send them to the ICD for consideration:
a) Complete the attached application form.
b)
Preferably attach additional information to the Form (feasibility
study, pictures, detailed statements).
c)
Provide copies of the following documents:
- Statement of the members of the Board of Directors and the project
managers.
- The registration documents issued by the competent authorities.
-
The ownership deed of the project's land (if relevant)
- The association's/foundation's statutes.
- The financial and administrative report of the association/foundation
for the last three years.
The ICD Solidarity Fund Application Form
Name:
Br. Abdulmajied Bannan
E-Mail:[email protected]
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