ICNA RELIEF WAQF (Endowment)
Reviving tradition. Building legacy.
Our Vision
Our vision is to enable the long-term development sustainability of relief project that embody the Islamic value of humanitarian service in the United States–for generations to come.
What is the ICNA Relief WAQF (Endowment)?
The Arabic term Waqf refers to an inalienable endowment used solely for charitable efforts, a practice highly esteemed in Islam.
The ICNA Relief Waqf is an endowment commited to building and investing capital that promotes the innovation, growth, and sustainability of ICNA Relief’s important charitable operations.
How Does it Work?
The Donor makes contribution to Waqf (endowment)
Waqf grows through long-term, shariah compliant investing.
Over time, Waqf uses investment returns plus new contributions to grow.
Once the Waqf is large enough, a percentage of the annual returns can fund ICNA Relief initiatives.
Why Should I Trust ICNA Relief WAQF With My Investment?
Diversified & Long-term Sustained Growth
We invest in a range of asset classes and alternative asset classes in Private Equity, Public Equity, and Direct Investments.
Access
We have the capacity to access large institutional investment opportunities, typically unavailable at individual level.
Shariah Compliance
We work with industry experts who follow established practices in Islamic investment.
What Are The Benefits For Me?
When you donate to ICNA Relief, you…
– Support your charitable interest and help sustain the ongoing work at ICNA Relief.
– Take advantage of significant tax advantages/deductions.
– Receive a return on your investment by donating through a charitable trust customized to meet your financial goals.
– Leave a legacy of good deeds through charity.
– Contribute sadaqah jariyah (ongoing charity) that lasts forever and lets you reap the rewards.