Ashraful Aid’s Waqf donation program is deeply entrenched in the Islamic principle of Waqf, emphasizing the allocation of a portion of one’s wealth or assets for philanthropic causes. This initiative enables individuals to contribute funds, property, or other resources to bolster charitable endeavorsoverseen by Ashraful Aid. Such contributions play a pivotal role in financing diverse humanitarian projects, including the provision of essential resources like food, clean water, education, healthcare, and emergency relief to marginalized communities globally.
As Ashraful Aid continues its mission to serve humanity with dedication and integrity, each donation received is a testament to the generosity and goodwill of individuals coming together to make the world a better place for all. Together, we can create a brighter future and spread compassion to every corner of the world.
What is the meaning of WAQF
Waqf is an Islamic legal term that refers to an endowment made by a Muslim individual, typically involving the donation of property or assets for charitable or religious purposes.
How does WAQF benefit a donor?
The investment is held in perpetuity for the benefit of the community or a specific group, and the profits from the asset are used for designated purposes such as supporting mosques, schools, hospitals, or other charitable causes without impacting the investment.
For the donor, this serves as a means of giving for eternity as this type of charity acts as a form of Sadaqah Jariyah – the act of voluntarily making a long-term charitable contribution that will continue to benefit others
How does WAQF donations work
- Donations in form of cash are invested into shariah compliant investments.
- returns from the investment are reinvested for a fixed term period to grow fund.
- Profits generated from the investment are then spent on funding long term projects for the following year.
The key characteristics of waqf include:
- Perpetuity: Once the endowment is made, the property remains as waqf indefinitely and cannot be sold, inherited, or transferred.
- Irrevocability: Once the endowment is made, it cannot be taken back or altered.
- Charitable Purpose: The proceeds from the waqf must be used for charitable, religious, or public welfare purposes.
Waqf has a long history in Islamic societies and has been used to fund various community services and infrastructure projects. It remains an important aspect of Islamic philanthropy today. Your contribution, no matter how big or small, ignites a ripple effect of compassion and kindness.
WAQF Projects
By participating in Ashraful Aid’s Waqf donation program, individuals are not only fulfilling a religious obligation but also actively engaging in acts of kindness and compassion towards those in need. The impact of these donations reverberates far and wide, reaching individuals and families who are struggling to access basic necessities for a dignified life.
Through this program, donors have the opportunity to make a lasting difference in the lives of others by supporting sustainable projects that uplift communities and empower individuals to thrive. The collective efforts of generous contributors pave the way for positive change and bring hope to those facing adversity.
The Waqf collected by Ashraful Aid supports a range of projects that we are involved in. Some examples are listed below
- Building islamic institutions like mosques and schools across Africa
- Establishing Sustainable livelihoods
- Empowering Madrassah through financial support across Africa
- Building Hospitals and clinics in remote areas
- Caring for Orphans and the Elderly through our outreach programmes
- Supporting ongoing humanitarian relief projects in war torn areas
How you can participate in Ashraful Aid’s WAQF Programme
- For recurring cash donations, fill out and make payment using our online donation page.
- For non-cash donations and tangile assets, please contact us on finance@ashrafulaid.org.za
- Alternative you can use EFT with the reference WAQF. Click here for banking details.
