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        <ExplanationTxt>THE WRITTEN CONFLICT OF INTEREST POLICY HAS BEEN REVIEWED, APPROVED BY THE BOARD OF DIRECTORS, AND IS MONITORED TO ENSURE THE ORGANIZATION, ITS EMPLOYEES, AND VOLUNTEERS ARE IN COMPLIANCE WITH THIS POLICY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>CHIEF EXECUTIVE OFFICER, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS WHO USE RELEVANT INFORMATION AVAILABLE AT THE TIME THE DECISION(S) ARE MADE REGARDING SELECTION AND COMPENSATION.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>OFFICERS AND KEY EMPLOYEES COMPENSATION ARE DETERMINED BY USING THE RELEVANT INFORMATION AVAILABLE AT THE TIME DECISION(S) ARE MADE REGARDING SELECTION AND COMPENSATION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, FORMS 990, AND OTHER INFORMATION &amp; DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Explanation of other changes in net assets or fund balances Part XI line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>QALAM EDUCATION FUND, INC. INVESTED IN 2 INVESTMENT PORTFOLIOS IN 2022. THESE ACCOUNTS WERE NOT ON THE 2022 FORM 990. THE PORTFOLIO ACCOUNTS INCREASED IN FMV BY $205,477 DURING THE YEAR. THE UNREALIZED INCREASE IN VALUE IS BEING RECOGNIZED AS OTHER CHANGE IN NET ASSETS.</ExplanationTxt>
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</Return>