The Islamic Research Foundation (IRF), Mumbai-based charity trust promoted and controlled by Naik, “allegedly received funds in the form of donations and zakat (a form of alms giving in Islam) from domestic as well as overseas donors from countries like the United Arab Emirates, Saudi Arabia, Bahrain, Kuwait, Oman and Malaysia among others” , reports Indian Express on May 26. According to the ED probe report, the IRF maintained various bank accounts in which funds from the donors were deposited. “These bank accounts are held with Citi Bank, DCB Bank Ltd and Union Bank of India,” it said. The agency said its probe found that the total quantum of funds received in the bank accounts of IRF, from 2003-04 to 2016-17, is to the tune of Rs 64.86 crore. “The donors remain unidentified as their names in the receipts are mentioned as ‘well-wishers’. As the donations are made by cash, only the names of the donors are mentioned on the receipts without disclosing their contact details, which raises suspicion of being bogus or sham entries,” the ED report said.