AL BADR ISLAMIC TRUST
The trust provides religious and secular education and seeks to advance religion according to the tenets of the Islamic Faith.
Objects
1.TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT BY THE PROVISION OF ISLAMIC BOARDING SCHOOLS AND UNIVERSITIES. 2.TO ADVANCE RELIGION ACCORDING TO THE TENETS OF THE ISLAMIC FAITH.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net current liability deficit of £456,055, though the trustees consider this manageable due to interest-free loans not being demanded for long periods. The charity holds unrestricted reserves of £5,907,440 and relies on student fees and investment income for funding. The trustees note potential future financial pressures from VAT changes and removal of rates relief.
What the accounts disclose
“Charitable activities 1,309,572”
“At the end of December the funds will always be at a low level.”
“The net current asset liabilities is significantly in deficit, the trustees consider that the Karz Hassana (Interest free loans given for charitable purposes) are not demanded by the lenders for long periods of time, although legally they are payable on demand.”
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Leadership, per the charity’s website
- Sheikhul Hadith Hazrat Maulana Fazle Haq Wadee Sahib — Principal
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- FAZL WADEEchair
- HUZAYFA WADEE
- RA'EES MASTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.8m |
| 31/12/2023 | £1.6m | £1.6m |
| 31/12/2022 | £1.5m | £1.6m |
| 31/12/2021 | £1.5m | £1.5m |
| 31/12/2020 | £1.6m | £1.3m |
Common questions
Is AL BADR ISLAMIC TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net current liability deficit of £456,055, though the trustees consider this manageable due to interest-free loans not being demanded for long periods. The charity holds unrestricted reserves of £5,907,440 and relies on student fees and investment income for funding. The trustees note potential future financial pressures from VAT changes and removal of rates relief. Its FY2024 accounts were audited by SKM Chartered Accountants.
Who funds AL BADR ISLAMIC TRUST?
Funders whose own accounts filings name AL BADR ISLAMIC TRUST as a grant recipient include MAJI PATEL FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MAJI PATEL FOUNDATION | FY2025 | £20k | Hardship |
Charities like this
- BAYTUL ILM TRUST
- AL-MUNTADA AL-ISLAMI TRUST
- AL RISALAH EDUCATION TRUST
- UNITED KINGDOM TURKISH ISLAMIC ASSOCIATION
- AL FURQAN EDUCATION TRUST
- AHLUL ISTIQAMAH TRUST UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AL BADR ISLAMIC TRUST | £1.7m | — | 0 | below | — | noted |
| BAYTUL ILM TRUST | £375k | — | 0 | above | — | no doubt |
| AL-MUNTADA AL-ISLAMI TRUST | £366k | — | 0 | unclear | — | no doubt |
| AL RISALAH EDUCATION TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| UNITED KINGDOM TURKISH ISLAMIC ASSOCIATION | £292k | — | 0 | unclear | — | no doubt |
| AL FURQAN EDUCATION TRUST | £555k | — | 0 | unclear | — | no doubt |