What is a Section 42 company in Pakistan?
A Section 42 company is a not-for-profit company licensed by the SECP under the Companies Act, 2017. Here is what that means, how it differs from a trust, and how to check one.
Asraa Hope Foundation funds education, healthcare, food and emergency relief for families who need it. Give in your own currency, through the right channel for your country.
Giving from
Accepting donations PKR
Online giving for this region opens soon. To give now, write to info@asraa.org and we will send you the details.
Donations are received by Asraa Hope Foundation, a not-for-profit company licensed under Section 42 of the Companies Act, 2017.
Asraa Hope Foundation is a Pakistani not-for-profit company, licensed under Section 42 of the Companies Act, 2017 by the Securities and Exchange Commission of Pakistan (SECP). We work with families in Pakistan who cannot meet basic needs on their own: children at risk of leaving school, patients who cannot pay for treatment, households without enough food, and communities hit by floods, heatwaves and other emergencies.
As a Section 42 company, Asraa cannot pay dividends or distribute profit to anyone. Every rupee it receives must be spent on its charitable objects, and its accounts are audited and filed with the SECP.
The donation panel on this site shows the right way to give for the country you are in, in your own currency. Asraa is registered in Pakistan today. We are preparing to register as a charity in the United Kingdom and as a nonprofit in the United States, and each country’s panel says clearly whether gifts there are tax-deductible yet.
Yes. Asraa Hope Foundation is registered in Pakistan as a not-for-profit company under Section 42 of the Companies Act, 2017, and holds a licence from the Securities and Exchange Commission of Pakistan (SECP). Registration in the United Kingdom and United States is in progress.
Yes. Choose zakat when you donate. Zakat is held in a separate fund and given only to people who are eligible under Islamic rules. Our zakat calculator can help you work out how much you owe.
Yes. The donation panel detects the country you are in and shows the right option. You can also switch country yourself. Until our UK and US registrations are complete, gifts from those countries are received by our Pakistan entity and are not tax-deductible there.
We report on our programmes through our blog and videos, and publish audited accounts every year. You can also write to us to ask how a specific gift was used.
A Section 42 company is a not-for-profit company licensed by the SECP under the Companies Act, 2017. Here is what that means, how it differs from a trust, and how to check one.
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