Dar al-Zahra's WAQF initiative is an Islamic endowment to a religious organisation or charity. The project will allow continuous investment and income generation to alleviate the need for regular donations. The endowment will also allow investment in other projects that create continuous income.
Dar al-Zahra current relies solely on donations and funding. Although the communities are very supportive, we aim to become independently sustainable. This will allow us to become better together as any projects that are invested in will become sadaqah jariyah for life of the project to our donors.
The Waqf Initiative is seeking as a minimum 92 individuals that can donate a minimum of £1000 as a donation or through a crowdfunding platform. These individuals will pledge during this Ramadan (1442) and can either donate instantly or take until the 15th Sha'ban (1443) to fundraise.