Where Purpose Meets Action
Every category represents a commitment — to dignity, self-reliance, and a community that lifts itself forward through faith and responsibility.
Project Categories
Browse the areas where we work. Each category runs as a structured programme with field monitoring, qard hasanah financing, and transparent reporting.
Risk Management Policy
Mir Faruk & Rima Foundation follows a structured risk management policy to protect donor trust, beneficiary welfare, Shariah-compliant operations, and the continuity of the support cycle. Every programme ensures transparency, accountability, proper verification, regular monitoring, and necessary documentation. For livestock-based qard hasanah support, even after handover to the beneficiary, the foundation accounts for potential risks including veterinary care, feed, vaccination, and related expenses.
3%–5% of total allocated funds are kept as a reserve to cover potential health risks, veterinary treatment, feed, vaccination, and other ancillary costs during the beneficiary's possession period.
Beneficiary Verification Risk
Before providing support, the beneficiary's identity, address, financial condition, family situation, income source, actual need, and capacity to receive support are verified — ensuring only genuinely eligible individuals are selected.
Livestock Health & Treatment Risk
During livestock rearing, illness, health hazards, accidents, or unexpected veterinary costs may arise. The foundation will arrange regular monitoring, preliminary consultations, and veterinary support as needed. A 3%–5% reserve of the total allocation is maintained for such costs.
Misuse of Support Risk
Regular monitoring will be conducted to ensure the provided livestock, funds, or support are used for the approved purpose. If a beneficiary misuses support, provides false information, or breaches contract terms, the foundation may take necessary administrative action.
Qard Hasanah Repayment Risk
Qard hasanah is an interest-free support system. After the agreed period, it is the beneficiary's responsibility to return equivalent value or as agreed. To minimise repayment risk, the foundation maintains written agreements, timelines, guarantor details, regular follow-ups, and accurate records.
Shariah Compliance Risk
All support activities will be conducted in accordance with Islamic Shariah principles. Interest, unethical transactions, unclear financial terms, or Shariah-violating activities will be avoided. Transparent and halal methods will be followed for both donor contributions and beneficiary support.
Donor Trust & Transparency Risk
Donor contributions will be properly received, stored, accounted for, and used for their intended purpose. Necessary documentation and reporting will be maintained for donation management, beneficiary selection, and support delivery to preserve donor trust.
Monitoring & Operational Risk
The monitoring team will regularly observe beneficiary activities, livestock condition, use of support, and repayment progress. Field-level verification, photo/report collection, follow-ups, and counselling will ensure programme success.
Documentation & Fraud Risk
Applications with false information, fake documents, multiple submissions, concealed identity, or untrue statements may be rejected. Approved support may be suspended, cancelled, or re-evaluated if needed. All applications, agreements, guarantor details, and transaction records will be preserved.
Risk Control Process
Application receipt & preliminary verification
Identity, address & financial status verification
Guarantor information collection & verification
Approval in accordance with policy
Written agreement & qard hasanah terms acceptance
Livestock / support handover
3%–5% of total allocation kept as health & ancillary expense reserve
Regular monitoring & veterinary support
Repayment / return process at agreed time
Returned support re-used for next beneficiary