Al-Ikhlas Foundation

Al-Ikhlas Foundation is a collaborative organization dedicated to financial growth, community support, and social development. Our main goal is to provide opportunities for our members to grow financially together while contributing to meaningful social initiatives that benefit the wider community.

We operate as a cooperative foundation, where members contribute a fixed monthly amount, which is used to invest in profitable businesses. The profits generated are shared among members, and a portion is dedicated to social welfare and community projects, ensuring that everyone benefits financially while supporting initiatives that improve lives.

Established on February 15, 2025, Al-Ikhlas Foundation has been committed to creating opportunities for its members and empowering communities through ethical business practices and social responsibility.


Our Mission

  • To provide opportunities for financial growth among members.
  • To support social initiatives that benefit communities and individuals in need.
  • To operate transparent, ethical, and profitable business ventures.
  • To foster teamwork, awareness, and active participation among members.

How We Work

  • Members contribute a monthly fixed amount, which is carefully tracked and recorded.
  • Every three months, financial statements of income, expenses, and contributions are prepared.
  • Every six months, a detailed report is shared with all members showing collected funds, investments, and profit distribution.
  • After the first year, the collected funds are invested in profitable ventures, and profits are shared proportionally among members.
  • A portion of profits is allocated for social welfare and community support activities.


Membership Guidelines

  • Open to anyone aged 18 or above.
  • Membership requires submitting an application form and approval by the management committee.
  • Members must contribute regularly; failure to do so may result in termination of membership.


Governance

The foundation is managed by a dedicated committee, including:

  1. President: MD Rakibul Alom
  2. Vice President: Ainduddin Al-Azad
  3. Secretary: Rimon Ahmed
  4. Cashier: Apu Ahmed

Al-Ikhlas Foundation is committed to financial growth, ethical business, and social responsibility, creating opportunities that benefit both members and the wider community. Together, we aim to empower people, improve lives, and make a lasting positive impact.