Bayt Mal Al-Quds Acharif agency has received approximately $64.9 million in donations over 25 years

Luring a press conference devoted to the presentation of the results of the Bayt Mal Al-Quds Acharif agency over the past 25 years (1998-2022) and the program for celebrating its silver jubilee, Mohamed Salem Cherkaoui clarified that this amount included $22.3 million in state donations, including Morocco’s contribution of 75%, $27.1 million in institutional donations and $15.5 million in individual donations .

Thanks to these funds, the agency, which comes under the Al-Quds Committee chaired by King Mohammed VI, has carried out 200 projects that have benefited all categories of Maqdessie society.

The cost of social projects amounts to 64 million dollars, divided between the sectors of construction, restoration, real estate acquisition, health and education, in addition to agricultural, commercial and support projects to the local economy, media, culture and publishing, youth, sports and childhood, empowerment, human development and social assistance (orphans, widows, elderly and disabled people), he specified.

25th anniversary of the Bayt Mal Al-Quds Acharif Agency

Since 2011, the Agency has not received any contribution from the States, thus making Morocco the only financial backer of this institution up to 100% in terms of State donations and approximately 70% in terms of donations from institutions and individuals.

The Bayt Mal Al-Quds Acharif Agency is organizing a range of activities in celebration of its 25th anniversary under the sign of “a new start to consolidate the position of Al-Quds and its religious and civilizational status”.

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