Ahmed J Versi
Muslim Aid marked its 39th anniversary with the launch of its new Waqf at a prestigious fundraising dinner last month. The event also heralded the beginning of the charity’s 40th-year celebrations.
The Muslim Aid Global Waqf initiative harnesses the Islamic endowment system (waqf) to deliver sustainable charitable solutions. This innovative model invests in income-generating assets, with the profits channelled into ongoing projects such as education, healthcare, and livelihood development. By preserving the principal waqf assets, the initiative ensures a long-term, self-sustaining approach to supporting vulnerable communities worldwide.
“Today is our chance to be visionaries as we set up our ‘Muslim Aid Global Waqf’. The Waqf is Allah’s way of eradicating poverty – unfortunately we are not using Allah’s tools effectively enough, that is why we are setting up this Waqf,” said CEO of Muslim Aid, Khalid Javid.
Javid added that the launch of Waqf “marks a significant step in futureproofing our charity’s work. Through this endowment, we are creating a sustainable source of funding that will allow us to respond effectively to urgent needs and invest in long-term solutions for communities facing adversity. We are excited to see the positive impact this will have on our projects both in the UK and internationally.”
According to Muslim Aid, the Waqf has been launched to build “a sustainable fundraising solution for the charity to future-proof and strengthen the charity giving access to a continuous source of funding for key initiatives, including supporting international projects and emergency aid efforts in Gaza, Sudan and other regions. It will also help give millions access to education and healthcare and support communities across the UK. This new financial model aligns with Islamic principles of charitable giving, ensuring long-term impact and resilience for millions affected by crises.”
The exclusive dinner on November 30 brought together industry leaders, high-profile individuals and key donors to build interest in the Waqf, “an endowment fund that will support sustainable development projects and empower communities in need, both in the UK and globally.” Muslim Aid said it “invites donors and supporters to join this transformative initiative by contributing to the Waqf and helping to create a sustainable, long-term impact for communities most in need.”
Photo: CEO of Muslim Aid, Khalid Javid launches Muslim Aid Global Waqf. (Credit: Muslim Aid)
