In the year marked by the July political upheaval, Bangladesh Jamaat-e-Islami, which regained its registration after a decade, has reported the highest income and expenditure among all political parties.
According to the party’s audited financial statement for 2024, Jamaat recorded an income of approximately $2.9 million (BDT 289.7 million) and expenditures totaling about $2.4 million (BDT 237.3 million).
The party’s main source of income was member contributions, which amounted to around $1.6 million, while the largest expense was salaries and allowances for party workers, costing about $650,000.
Jamaat’s reported income was nearly double that of the Bangladesh Nationalist Party (BNP) and about eleven times higher than the Jatiya Party.
The party began 2024 with a fund balance of roughly $950,000 and closed the year with approximately $1.4 million.
A representative delegation submitted the audited report to the Election Commission (EC) on July 31, and the details were made public recently. The EC confirmed the report was submitted within the stipulated deadline.
Before its registration was revoked in 2013, Jamaat last submitted financial accounts that year.
Following the fall of the Awami League government during the July uprising, the party regained its registration and complied with the requirement to submit its financial statements after a decade-long gap. The audit also revealed that Jamaat currently holds no bank accounts.
The party’s income sources included member and worker contributions, executive committee and advisory council fees, donations from individuals and organizations, revenue from sales of party publications, and other miscellaneous contributions.
On the expenditure side, costs covered salaries and bonuses, housing and administrative expenses, utility bills, communication services, hospitality, publicity and transportation, travel expenses, meetings and rallies, grants to candidates, religious event costs, and other miscellaneous expenses.
Although Jamaat was absent from the 10th to 12th parliamentary elections, the party has already begun announcing candidates for the upcoming 13th parliamentary polls. This increased political activity was also reflected in their financial spending patterns in the audited report.
