2024-12-03
Muslim Aid announced the launch of its new Waqf at a prestigious fundraising dinner on Saturday Evening (30th November) in celebration of its 39th anniversary. The event signified the start of the charity’s 40th-year celebrations and included keynote speakers Naz Shah MP, Dr Saalim Al Azhari and CEO of Muslim Aid Khalid Javid. The exclusive dinner 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.
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 launch of our Waqf marks a significant step in futureproofing our charity’s work,” said Khalid Javid, CEO of Muslim Aid. “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.”
The Waqf is expected to provide millions in seed funding and investment for various initiatives, including rebuilding efforts in Gaza, supporting underserved communities, and promoting education, healthcare, and sustainable livelihoods. This innovative approach to charitable giving will help Muslim Aid expand its impact, aligning with a growing trend toward sustainable finance within the Islamic charitable sector.
As Muslim Aid approaches its 40th year, the charity is planning a series of events and activities to mark this significant milestone. These celebrations will highlight Muslim Aid’s ongoing commitment to sustainable development and community empowerment. A key focus will be on educating donors and the wider public about the benefits of the Waqf and how it will strengthen the charity’s work in the years to come.
Muslim Aid 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.
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