Adil Hussain

In 2021, global charitable giving topped out at an estimated $226 billion.

With similar figures being donated year on year, it seems rather illogical that issues such as world hunger still exist, despite estimates obtained by Oxfam that suggest that ending world hunger would require only $37 billion donated annually until 2030.

This example, amongst many others, underlines the need to be much more strategic and intentioned with our donations to create lasting change.

This situation is highly relevant to Muslims, with numerous verses in the Qur’an emphasising the importance of giving. Muslims generously respond to this call, donating significant amounts, as it is estimated that Muslim charities in the UK alone, will raise £4 billion by 2051. However, despite these efforts, the Muslim world continues to face various challenges.

This is why we need to be wary of how we are making our donations through adopting the right strategy of giving. In turn, we will deliver the right impact and longer-lasting benefits to the recipients of our donations.

But how can we make this broad change? This is where the concept of Waqf comes in.

A Waqf is a powerful, yet often overlooked means of giving that creates lasting legacies and positive change. Muslims should revive the use of Awqaf (plural of Waqf) to set an example for the world on how to maximise our charity to build a better world for future generations.

Just imagine a world where if there was ever a natural disaster in Muslim lands, the response, relief and aid could be delivered instantly and without the need for charities to ask for donations.

Read the full article at Wahed via this link to understand how we can achieve this.

The article covers:

1. What is a Waqf?
2. Waqf Through the Ages
3. Why You Should Establish a Waqf