Kayalpatnam.com>When was Kayalpatnam/IIM Baithulmaal founded?
Haji Wavoo M.M. Shamsudeen>Kayalpatnam Baithulmal was founded (as a registered Trust) on 11th
of November, 1994
Mr. M.S. Abdul Qader (IIM Baithulmaal)>IIM Baithulmaal was founded in 1993
Kayalpatnam.com>What are the objectives of Kayalpatnam/IIM Baithulmaal?
Haji Wavoo M.M. Shamsudeen>To remove poverty, disability and illiteracy
Mr. M.S. Abdul Qader (IIM Baithulmaal)>The objective of IIM Baithulmaal is helping the needy in general: heal the
sick, educate the illiterate, enable deserving applicants to launch small scale businesses, boutiques,
provide shelter to the roofless by constructing/renovating houses, hutments etc
Kayalpatnam.com>How does Kayalpatnam/IIM Baithulmaal raise the funds needed for distribution to the
poor and the needy?
Haji Wavoo M.M. Shamsudeen>Collecting Zakath and Sadaka funds from public
Mr. M.S. Abdul Qader (IIM Baithulmaal)>Zakath, Sadaqa and other voluntary donations, contributions etc
Kayalpatnam.com>How much money does Kayalpatnam/IIM Baithulmaal disburse in a year?
Haji Wavoo M.M. Shamsudeen>We disburse funds in the following manner in a year (on average).
Zakath: Rs.2,42,000/-
Sadaka: Rs.3,46,500/-
The above money may vary every year
Mr. M.S. Abdul Qader (IIM Baithulmaal)>In a year, on average, about 2,50,000 rupees is disbursed. This is in fact
much less than actually should be doled out - as inflows are insufficient
Kayalpatnam.com>How much money has Kayalpatnam/IIM Baithulmaal disbursed so far since the foundation?
Haji Wavoo M.M. Shamsudeen>
Zakath: Rs.26,60,600/-
Sadaka: Rs.38,12,500/-
The same is
being disbursed to needy people as loan. Since the inception, we have contributed a sum of Rs.1,39,76,250/-
to the public as loan by rotation. A part of Sadaka amount is utilised to help people affected by
natural calamities
Mr. M.S. Abdul Qader (IIM Baithulmaal)>Approximately Rs.25 lakhs of rupees. This is much below the actual demands
Kayalpatnam.com>Are you satisfied with the level of support (financial and other) you are receiving
from the people (in and outside Kayalpatnam)?
Haji Wavoo M.M. Shamsudeen>Not so much encouraging, but partially satisfied
Mr. M.S. Abdul Qader (IIM Baithulmaal)>We have no complaints. But we do hope for more support from philanthropists
Kayalpatnam.com>Are there any special/specific projects of the Baithulmaal for which you are
expecting support from the public?
Haji Wavoo M.M. Shamsudeen>We have a proposal to buy office building, for which we need funds from the
public and also we have a proposal to construct houses and rent them to poor people. One philanthropist
has promised to contribute one-acre land for Kayalpatnam Baithulmal Trust
Mr. M.S. Abdul Qader (IIM Baithulmaal)>No special/specific projects at the moment, because of the size of the funds.
We may embark upon such ventures depending on the inflow of funds in future - insha Allah
Kayalpatnam.com>How is Kayalpatnam/IIM Baithulmaal administratively structured? Who runs and manages
it? How are its office bearers selected?
Haji Wavoo M.M. Shamsudeen>Kayalpatnam Baithumal Trust is a registered charity organisation, having
25 Trustees. Office bearers are selected from among those who run the Kayalpatnam Baithulmal Trust
Mr. M.S. Abdul Qader (IIM Baithulmaal)>The IIM Baithulmaal retains the overall responsibility for the successful
operation of the Baithulmaal. Executive members are elected in the Annual General Body Meeting
Kayalpatnam.com>Do you accept contributions for both Zakath and Sadaka funds or only
Zakath funds?
Haji Wavoo M.M. Shamsudeen>We accept contribution for both Zakath and Sadaka
Mr. M.S. Abdul Qader (IIM Baithulmaal)>We accept funds from Zakath, Sadaka and other charitable sources
Kayalpatnam.com>If one wishes to contribute to Kayalpatnam/IIM Baithulmaal, how does one do so?
What is the bank account detail? What are the other contact details?
Haji Wavoo M.M. Shamsudeen>Those who want to contribute to Kayalpatnam Baithulmal Trust can do so
directly at the office or send the funds to the following bank accounts:
For Zakath: Central Bank of India (A/c No.18463; Kayalpatnam Branch)
For Sadaka: ICICI Bank (A/c No.6153 0101 7421; Kayalpatnam Branch)
Mr. M.S. Abdul Qader (IIM Baithulmaal)>The IIM Baithulmaal doesn't have any bank account as such. Members are
sensitive about the involvement of interest. Hence, any contribution may be forwarded directly to the
Treasurer: Haji S.M.Amanulla, 7 KMK Street, Kayalpatnam - 628 204
Telephone: 91-4639-283 076
Email: baithulmaal_iim@yahoo.co.in
Kayalpatnam.com>There are many who believe a unified Baithulmaal (instead of two or three)
in Kayalpatnam will be even more effective in a small town like Kayalpatnam? What are your views
on that?
Haji Wavoo M.M. Shamsudeen>Not interested
Mr. M.S. Abdul Qader (IIM Baithulmaal)>True, but ideological disagreements do not - we regret - allow
coming together of the Baithulmaals. Both the baithulmaals are functioning commendably well
and there is no partiality or discrimination exercised under any circumstance towards any
applicant (as far as our Baithulmaal is concerned)
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