IslamicFinance.de

It seems that the Institute of Islamic Culture needs funds desperate.
Although the institute gets grants of Rs0.5 million each from the Punjab and federal governments, and generates about Rs1.2 million from book sales, only the staff salaries are Rs1.6 million a year, plus the cost of publishing a quarterly journal, Al-Mua’araf, and an expensive legal battle underway over property, they need more money.
It has often happened that the IIC management had to pay out of pocket for budget over-runs.