Waqf Foundation invests all donations in shariah compliant investments, ensuring your original donation remains. On a yearly basis the funds generated from the investment will be allocated to your chosen fund and then used for that particular cause. The original donation remains and continues to grow, generating further funds on a year to year basis – the true essence of waqf.
The aim of the masjid fund is to support:
- New masjids established locally in towns where there was previously no masjid.
- Where there is a need to support the running costs of a masjid to keep it operational to support the local community.
The masjid fund will be for those cases, where communities are small and experiencing difficulties in establishing a masjid in their local area. These will be thoroughly assessed on a case by case basis to ensure funds reach those areas most in need.