Bayt ul-mal is an Arabic term that is translated as ‘House of money’ or ‘House of Wealth’. In Islam the word refers to the money collected from the wealthy muslims and deposited in the treasury. The money is spent for the welfare of the people. Taking this concept in to account, to help the needy muslim students to meet their academic financial requirements, provide interest free loans for marriages and other activities. We stared the financial aid fund in the name of Sharfunnisa Begum Sahiba Baithulmal in the year April 2023.