AL-SHIRKATUL ISLAMIYYAH
Financial health, per its FY2023 accounts
The accounts state that the charity delivered a net profit of £108,645 for the year ended 30 June 2023, with total unrestricted funds of £8,239,549. The trustees consider the financial position to be satisfactory and believe that maintaining reserves at current levels provides sufficient resources in the event of adverse conditions. The charity is dependent on sponsorship and publication sales but reports that operations have reverted to almost pre-covid levels.
What the accounts disclose
“It is the Charity's policy to have working capital requirement of approximately 9 months in the reserves.” — page 5
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- ABDUL HAFEEZ
- ABDUL MAJID TAHIR
- FATEH AHMAD KHAN DAHRI
- MR MIRZA MAHMOOD AHMAD
- MUBARAK AHMAD
- MUNIR UD DIN SHAMS
- NASEER AHMAD QAMAR
- RAFIQ AHMED HAYAT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £8.3m | £7.6m |
| 30/06/2024 | £8.4m | £7.8m |
| 30/06/2023 | £7.2m | £7.1m |
| 30/06/2022 | £6.8m | £6.3m |
| 30/06/2021 | £6.1m | £5.9m |
Common questions
Is AL-SHIRKATUL ISLAMIYYAH financially healthy?
The accounts state that the charity delivered a net profit of £108,645 for the year ended 30 June 2023, with total unrestricted funds of £8,239,549. The trustees consider the financial position to be satisfactory and believe that maintaining reserves at current levels provides sufficient resources in the event of adverse conditions. The charity is dependent on sponsorship and publication sales but reports that operations have reverted to almost pre-covid levels. Its FY2023 accounts were audited by Nasir Mahmud FCA.