THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES
The World Federation of KSIMC provides these activities through its Regional Federations and partners based internationally In America, Europe, Africa, Pakistan, India and Australia.
Financial health, per its FY2024 accounts
The accounts state that total income increased by £1,132,403 to £15,915,991, while resources expended rose by £2,986,730 to £15,352,276, resulting in a net movement in funds of £617,515. The charity reports unrestricted reserves of £15,735,830, which the trustees note are above the stated policy target of three months of projected operating costs. The trustees assert the charity is a going concern entity with adequate resources to continue operations.
What the accounts disclose
Corporate structure
- Trading subsidiary: WF DIGITAL LIMITED Companies House 13105408
- 633288
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Ali Abbas Murtaza Rashid Hasham
- Habib Meghjee
- Mohsin Musa
- Safder Ahmed Ali Jaffer
- Sajjad Rajan
- Zuhair Muntazar Hirji
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £15.9m | £15.4m |
| 31/12/2023 | £14.8m | £12.4m |
| 31/12/2022 | £20.0m | £14.9m |
| 31/12/2021 | £12.9m | £10.4m |
| 31/12/2020 | £10.5m | £11.5m |
Common questions
Is THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES financially healthy?
Per its FY2024 accounts: The accounts state that total income increased by £1,132,403 to £15,915,991, while resources expended rose by £2,986,730 to £15,352,276, resulting in a net movement in funds of £617,515. The charity reports unrestricted reserves of £15,735,830, which the trustees note are above the stated policy target of three months of projected operating costs. The trustees assert the charity is a going concern entity with adequate resources to continue operations. Its FY2024 accounts were audited by Price Bailey LLP.
Who funds THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES?
Funders whose own accounts filings name THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES as a grant recipient include THE SANITA MERALI TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SANITA MERALI TRUST | FY2024 | £33k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MIRZA SHARIF AHMAD FOUNDATION | 1 | £5.6m |
| MAJLIS ANSARULLAH (UK) LTD | 1 | £265k |
Charities like this
- KSI MUSLIM COMMUNITY OF MILTON KEYNES
- THE MUSLIM SHIA ITHNA-ASHERI JAMAAT OF ESSEX
- KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT
- AHMADIYYA MUSLIM JAMAAT INTERNATIONAL
- MILTON KEYNES MUSLIM ASSOCIATION
- AHMADIYYA MUSLIM ASSOCIATION UNITED KINGDOM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES | £15.9m | — | 0 | unclear | — | no doubt |
| KSI MUSLIM COMMUNITY OF MILTON KEYNES | £165k | — | 0 | above | — | no doubt |
| THE MUSLIM SHIA ITHNA-ASHERI JAMAAT OF ESSEX | £254k | — | 0 | unclear | — | no doubt |
| KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT | £1.5m | — | 0 | unclear | — | no doubt |
| AHMADIYYA MUSLIM JAMAAT INTERNATIONAL | £45.1m | — | 21 | below | — | no doubt |
| MILTON KEYNES MUSLIM ASSOCIATION | £382k | — | 0 | unclear | — | no doubt |