We will not accept contributions from organizations or individuals in the knowledge that such contributions likely were acquired through any illegal process
We will not accept contributions from organizations or individuals in the knowledge that such contributions likely were acquired through actions that would be offensive to Sahmalnour’s values or in violation of the Sahmalnour’s Code of Ethics
Sahmalnour receives contributions under the following conditions:
contribution must be related to the achievement of the Sahmalnour objectives
Sahmalnour may receive donations of various types and forms intended for management operations, development, or operating expenses
All bank accounts, financial, and tax transactions are subject to official reviews (auditing) by professional institutions in accordance with the laws and regulations of the country in which Sahmalnour operates.
Each donor receives an honorary certificate to prove his contribution
Investment Model
Sahmalnour will pay a maximum of 25% of the annual raised contributions for administration and operating expenses
Sahmalnour starts the process of investing the remaining contributions three months after they have been received.
Sahmalnour will produce and distribute one copy for the Holly Quran per contribution, after 12 month of the investment process
Investing process is guided directly by the boards of trustees or through certified third party contracted with Sahmalnour
Return on investments will be used mainly for the process of production and distribution. Part of the returns, however, may be used to eliminate probable deficit in management and operation’s budget, provided that it does not affect the commitment of producing one copy of the Holly Quran per contribution per year.
If Sahmalnour and for any reason can’t fulfill its obligation to produce and distribute one copy of the Koran for each contribution, the obligation remains in force until the first opportunity comes available by fiscal surpluses to enable it to fulfill this commitment.