A Waqf (pl. Awqaf) is an Islamic endowment, held in trust forever and used for charitable or religious purposes. The designated ‘Waqf’ benefits charitable causes either directly by use of the waqf, e.g. a hospital or university, or indirectly by investing the donation into an sustainable asset (e.g property) and using the income that is generated (e.g rent) for charitable causes.
The National Waqf Fund seeks to revive the noble and prophetic institution of Waqf in our communities and create sustainable revenue streams to solve one of the biggest challenges in the Muslim charity sector: fundraising.
The Muslim Scout Fellowship was immensely grateful to the National Waqf Fund for our generous donation of £40,000, which made it possible to purchase not one, but two minibuses! The minibuses were presented to MSF at the recent, history-making MSF 2nd International Jamboree, signifying a powerful step towards youth empowerment and intelligent donating.
These minibuses are more than just forms of transportation; they will serve as vehicles of opportunity, fuelling dreams one ride at a time, to empower the next generation of leaders. Not only will they be used by MSF, but they will also be made available to hire to all our scout groups as well as to external community organisations, and the income generated from their hire will be reinvested into our core operating costs, enabling us to continue nurturing our young leaders.
Uthman ibn Affan established a well as a waqf in the 7th century, providing free water to pilgrims visiting Mecca during Hajj and Umrah.
Mehmed II, the Ottoman Sultan, established the Mehmed the Conqueror Waqf in the 15th century, supporting schools, hospitals, public baths and mosques.
Muhammad Ali established the Muhammad Ali Center in Kentucky as a waqf, promoting social and cultural initiatives such as educational programmes and leadership development.
These everlasting awqaaf continue to benefit the community and bring rewards to those who established them.
What legacy will you leave behind?