Manama: A charity dinner in Qatar has raised QR 24 million ($6,586,170) for the “Renaissance of a Nation” endowment project launched by the International Union of Muslim Scholars (IUMS).
The project aims to raise enough funds to help the union, headed by Doha-based scholar Yusuf Al Qaradawi, be financially self-sustained.
The dinner was attended by Qatar’s Crown Prince Shaikh Tamim Bin Hamad Al Thani, ministers, diplomats and business people, local Arabic daily Al Sharq reported on Tuesday.
“Your generous donations and the funds raised by selling some rare items will help us build a tower and acquire buildings and shares for the endowments of the union,” Shaikh Ali Mohieddeen Al Qardaghi, the union secretary general, said in his address.
The union has plans to invest up to $100 million within the next 10 years to help secure financial returns that will be used for its charity work.
Antique carpets, clothing
The sale of historic carpets and Ottoman-era clothes and copies of the Holy Quran from Turkey raised QR17 million. The amount was topped by a QR 5 million ($1,372,120) donation by Shaikh Faisal Bin Qassim Al Thani, owner of Al Faisal Without Borders Charity Foundation who was awarded the Personality of the Year distinction by the union.
Al Qaradawi donated another SR2 million ($548,847). Al Faisal Without Borders Charity Foundation was set up in June 2011 by Shaikh Faisal, a prominent businessman, as a foundation “for the benefit of all, at home and abroad, without any reservation or discrimination on the basis of nationality, race or religion.”