YEARLY REPORT 1999-2002

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Registration Certificate 1- Registration Certificate 2- Back to Report

From the above amount of 225000 rupees Special Saving Certificates the profit from 24-3-99 to 30-6-2002, scholarship was distributed among 51 students of a total 61100 rupees with the approval and checking by the governing body.

The governing body is thankful to all donors.
Regarding the Scholarship Fund’s Special Saving Certificates, a total of 167000 rupees certificates in April 2002 got profit and the total became 231506 that we saved in the bank. Apart from this the remaining scholarship fund of 58000 rupees got a profit of 19626 rupees that was deposited in bank. This 58000 rupees Special Saving Certificated end date was 25-6-2002 and the total amount with profit is 59936 rupees that has deposited in bank on 26-6-2002. With the suggestion and approval of the governing body the whole amount of 224500 has been deposited in 5 yearly fix deposit account in MCB Bahadurabad. From the profit of this amount the smooth flow of scholarship distribution will be possible. Jamat’s Fund in account PLS-63-9 was 112539 rupees till 7-7-2002, out of which 80% is for scholarship distribution. The 224500 rupees in 5 yearly PLS Term Deposit will not be touched or discussed till the nest yearly meeting. Account # PLS-63-9 will be closed after the governing body meeting on 7-7-2002 till the next meeting.