An Introduction to Financial Sacrifice

by Other Authors

Page 68 of 220

An Introduction to Financial Sacrifice — Page 68

68 their relevant heads of account, i. e. travelling expenses relating to preaching & spiritual training should be booked under "Traveling and Meetings". The allowances paid to Mu‘allim i n and employees etc will be entered in "Establishment". Similarly telephone/fax expenses for Tabligh and Tarbiyyat activity will be shown under "Postage, Telephone, Faxes". 6. "Propagation of Islam"( Ish a ‘at-e-Isl a m ), too, does not need a separate head. A new head of account for this purpose has been introduced as "Profits/Refunds/ Interest" in the Regular Income. All sorts of income from Banking profit or any refunds shall be entered in this head. Money collected from members of Jam a ‘at in this regard, too, shall go into a separate sub-head opened under this head of account. The details of income received on account of interest, lottery, etc. , should be reported separately. 7. "MTA. International" includes all contributions for the purpose of MTA. and this fund shall be completely (i. e. , 100%) treated as "Central Reserve". National Jam a ‘at is not authorized to utilize it independently. 8. "Loan From …. . " shall include the amount acquired as loan from any source e. g. loan from Markaz or loan from Central Reserve, etc. 9. Any income of regular nature, acquired through a source other than those mentioned already in "Regular Income" shall be entered into "Miscellaneous" head and the detail thereof shall be forwarded to the Markaz. If a new sub-head needs to be introduced which may not be afforded by the existing heads, the approval thereof shall be obtained from the Markaz , stating the reasons.