Bahria University

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Zakat & Endowment

Beyond Scholarships: Bahria University’s Zakat Support Reaches Those Who Need It Most.

 

In addition to its extensive range of scholarships, Bahria University also provides financial assistance through Zakat to the most deserving students. This support is granted through a transparent and rigorous evaluation process, including a series of interviews, to ensure that assistance reaches only the most deserving individuals. 

“Where every contribution plants a legacy—Sadqa-e-Jaariya”

Overview

Zakat is a fundamental religious obligation and a trust that must be managed with care and responsibility. At Bahria University, we collect Zakat throughout the year, ensuring that contributions are consistently used to support deserving students and create meaningful, long-term impact in the form of Sadqa-e-Jaariya.

All donations are carefully allocated to ensure they reach eligible students, supporting their educational needs and helping them continue their academic journey. Under the initiative “Sadqa-e-Jaariya for Deserving Students,” Bahria University facilitates access to education through structured and transparent processes.

Our support is not limited to specific months; rather, it continues throughout the year to address ongoing student needs. Funds are utilized to cover essential academic expenses and to assist students facing financial challenges.

Bahria University Separate Sharia Compliant Zakat Fund Account for Giving your Zakat to Mustahqeen-e-Zakat Students

It is essential for contributors to clearly understand how their donations are transformed into meaningful impact and Sadqa-e-Jaariya. At Bahria University, we ensure that all Zakat contributions are managed transparently and reach the most eligible and deserving students.

To uphold this noble cause and create a long-lasting impact for future generations, Bahria University has established a dedicated account titled “Bahria University – Zakat Fund Account.”

All contributions to this fund are handled with strict adherence to Shariah principles. The principal amount is preserved and invested only in Shariah-compliant avenues. Under no circumstances are Zakat funds used for administrative, infrastructure, or non-student-related purposes.

Shariah Compliance Certificate

The funds are utilized strictly for student support, including but not limited to:

  • Tuition fee
  • Academic and essential educational expenses
  • Emergency academic assistance for financially distressed students

Bank Details

Account Title:
Bahria University – Zakat Fund Account
Account Number:
5002820102
Branch Code:
5627
IBAN:
PK69ALFH5627005002820102
Swift Code:
ALFHPKKA
Bank:
Bank Alfalah Ltd Islamic
Branch:
Bank Alfalah Islamic Kalim Plaza, F-8 Markaz, Islamabad

BU Zakat Governance

Pursuant to the approval of the dedicated Bahria University Zakat Fund, a formal Zakat Governance Structure was established to ensure transparency, Shariah compliance, accountability and effective utilization of Zakat funds. The Bahria University Zakat Committee (BUZC) serves as the governing and oversight body for the management and administration of the Zakat Fund.

Composition of the Committee      

The BU Zakat Committee comprises the following:

Executive Committee

Chair
Rector
Co-Chair
Pro Rector Academic
Member
Director Finance (Treasurer)
Member & Secretary
Director Advancement
Member
Director Student Affairs
Member
Advisor to Rector (Islamic Studies / Affairs)

 

Mandate: The Committee oversees, regulates and monitors all matters relating to the collection, management, allocation and disbursement of Zakat funds in accordance with University regulations and Shariah principles.

Key Functions and Responsibilities

Zakat Fund Governance & Utilization

Policy Oversight

  • Approves policies, SOPs and control mechanisms.
  • Ensures compliance with Shariah and regulations.
  • Provides strategic direction for sustainability.

Approval Authority

  • Reviews and approves eligible Zakat cases.
  • Sanctions disbursement within approved categories.
  • Approves annual allocations and emergency aid.

Shariah Compliance

  • Ensures collection and distribution follow Islamic principles.
  • Seeks guidance from Shariah Advisor for complex cases.

Financial Oversight

  • Monitors fund inflows and outflows.
  • Reviews statements and utilization reports.
  • Maintains separate BU Zakat Fund Account.

Reporting & Accountability

  • Submits utilization reports to Rector.
  • Facilitates internal and external audits.

Meetings

  • Held at least once every quarter.
  • Emergency meetings called by Chair.
  • Majority vote applies; Chair has casting vote.

Scope of Utilization

  • Tuition fee assistance.
  • Hostel & accommodation support.
  • Books and learning materials.
  • Emergency hardship assistance.
  • All spending must comply with Shariah.

Audit & Compliance

  • Internal audit under University policies.
  • External audit under HEC / regulatory rules.
  • Periodic review by Competent Authority.

 

BU Endowment

Bahria University has been established under section 3 of Bahria University Ordinance 2000, and is empowered to create the endowment fund under section 4 (s) of Bahria University Ordinance 2000. Endowment Fund (EF) shall be a long term strategic fund to be used for minor to medium and high-level developments at the university level.

The Endowment Fund (EF) receives donations from the alumni, companies, firms, rentals, scholarships, investments, the business community, corporate sector, diplomatic Community, and government organizations to achieve the aims and objectives of the University. The principle amount of the EF will not be utilized without any major reason but the fund will be increased year by year. The Endowment Fund is a security to determine the financial stability of the university. This is a consolidated fund at Bahria University to support the vision and mission of the university.  


Endowment Governance

The Board of Endowment Fund Management (BoEFM) is created for governing of Bahria University Endowment Fund which is expected to generate regular and permanent income to supplement grants and contributions made by donors. The additional income is meant for strengthening the functions of Bahria University and for achieving its objectives more effectively.

The Bahria University Endowment Fund (BUEF) shall have the following aims and Objectives:  

  

Objectives

🎓 Education
To improve the quality of Higher Education.
🏛 Infrastructure
To develop intellectual and physical infrastructure for knowledge and technology.
🌎 Global Reach
To enhance university visibility and support academic programs globally.
👥 Collaboration
To build strong academic links locally, regionally and globally.
⚙ Innovation
To promote joint technological ventures with industry and academia.
📚 Scholarships
To support faculty for higher studies and specialization.
💰 Student Aid
To provide scholarships and loans to BU students.
🛡 Support
To assist the university during financial crises.
📌 Governance
Any other objectives recommended by BoEFM.

 

Governing Body of the Fund

The Board of Endowment Fund Management (BoEFM) is the governing body of the fund.

Power & Functions of the Board of Endowment Fund Management

  1. The Board of Endowment Fund Management (BoEFM) have full powers to manage and control all affairs of the Fund, including but not limited to creation and management of all endowment funds of Bahria University, investment of Fund money, opening and operating Accounts in Banks.
  2. The Board of Fund may set up sub committees as required. It may frame rules, bye-laws consistent with the rules and lay down policies for the administration of the Fund.

 

Management of the Fund

(a) Board of Endowment Fund Management (BoEFM)
The Fund shall be managed by the Board of Endowment Fund Management (BoEFM), consisting of:

1. Rector — President (Ex-Officio member)
2. Pro-Rector (Admin) — Ex-Officio member
3. Pro-Rector (RIC) — Ex-Officio member
4. Pro-Rector (Academics) — Ex-Officio member
5. Pro-Rector (Health Sciences) — Ex-Officio member
6. Registrar — Ex-Officio member
7. Treasurer — Ex-Officio member / Secretary
8. President Alumni Association — Ex-Officio member
9. Director Advancement & Alumni Affairs — Ex-Officio member
(b) Tenure of Members
The nominated members shall hold office for a period of two years. Outgoing nominated members shall be eligible for re-nomination. The Board may co-opt any member of the University or external experts as required.
(c) Quorum
The quorum of the meeting shall be at least 50% of the total active members.
(d) Legal Status & Powers
The Fund shall have perpetual succession and a common seal with powers to contract, acquire, hold, alter, lease, let or otherwise dispose of movable or immovable property, and to construct, expand, and maintain the same.