Modern office building in Greater Manchester representing Human Appeal's Waqf Fund investment project supporting charitable initiatives worldwide
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UK Charity Launches $1 Trillion Islamic Endowment Fund for Global Good

BS
BrightWire Staff
3 min read
#islamic charity #human appeal #sustainable giving #waqf endowment #ethical investing #humanitarian aid #uk charity

Human Appeal has launched an innovative Waqf Fund that transforms charitable giving into perpetual impact, with donations generating ongoing income for vulnerable communities worldwide. This inspiring model preserves donors' original contributions while earning an average 7% annual return to fund water, education, and healthcare projects that compound their positive impact for generations.

In a heartwarming development that promises to transform charitable giving for generations to come, UK-based humanitarian charity Human Appeal has unveiled an innovative new approach to making donations work harder and longer for communities in need.

The organization's newly launched subsidiary, the Waqf Fund, harnesses the power of Islamic endowment traditions to create a sustainable model where charitable contributions keep giving year after year. The concept is beautifully simple yet profoundly effective: donations are pooled together and invested in ethical assets like property, preserving the original gift while using the income generated to fund vital development projects around the world.

What makes this initiative particularly inspiring is its remarkable scale and potential. The World Bank estimates that global waqf assets are worth up to $1 trillion, demonstrating the incredible power of this time-honored tradition. Now, Human Appeal is bringing this model to life in a way that welcomes contributors of all sizes, making long-term charitable impact accessible to everyone.

The fund operates on principles that align with halal and Sharia laws, investing in assets that reflect Islamic values while generating an impressive average annual return of 7%. This means that every donation compounds over time, creating an ever-growing stream of support for communities that need it most. A portion of the income is reinvested to grow the fund further, ensuring that today's generosity creates ripples of positive change for decades to come.

UK Charity Launches $1 Trillion Islamic Endowment Fund for Global Good

The Ripple Effect of this approach extends far beyond simple one-time giving. Donors can choose to support the general fund or direct their contributions toward specific causes close to their hearts, including clean water and sanitation, education, and healthcare initiatives. The beauty of the model is that while the original donation remains intact, the income it generates flows continuously to these vital programs, multiplying the impact of every pound contributed.

Human Appeal has already begun putting the fund to work, with investment projects including an office building in Greater Manchester. This tangible example demonstrates how the fund transforms charitable intentions into real-world assets that generate ongoing support for humanitarian work.

Chief executive Mohamed Ashmawey shared his enthusiasm for the initiative, emphasizing how the Waqf Fund will strengthen the organization's ability to provide relief to the world's most vulnerable communities. The focus on long-term donations and donor legacies represents a beautiful vision where today's compassion creates tomorrow's solutions.

The flexible nature of the fund is particularly heartening, as it welcomes contributions of any size, ensuring that everyone can participate in creating lasting change. Whether someone can donate a modest amount or make a substantial contribution, their generosity becomes part of a growing force for good that transcends time.

This innovative approach to charitable giving represents a powerful fusion of ancient wisdom and modern impact investing, proving that traditions rooted in generosity and community care remain remarkably relevant in addressing today's global challenges. The Waqf Fund stands as a testament to the enduring power of compassion and the remarkable results possible when charitable giving is structured for perpetual impact.

Based on reporting by Google: charity donation

This story was written by BrightWire based on verified news reports.

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