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The Latest Trends in Awqaf &
Social Finance
It doesn't get more trendy or by the people for the people than
Waqf World Growth Foundation (WWGF)
AbdarRahman Chignell
Founder of WWGF
3
Why WWGF?
• Complaints
• Opportunity
• Disrupting positively
• Why the need for WWGF?
4
What is our Mission?
• Preeminent Source
• Objectives
1. Champion
2. Re-introduce
3. Freely
5
Backbone of WWGF
• Cash Waqf
• Fintech
• Professionalism
• Deen
• Where the cash comes from?
• Consultancy
6
Key Models
7
Sustainabilit
y
Major
Causes
Charity
Causes
Islamic
Social
Enterprise
WWGF Having an Impact
• World Tour
• Build better conditions
• How is WWGF making a
difference?
8
9
Charity Causes World
Tour
Japan – YUAI International Islamic School
• Address future educational
needs for Muslim minorities in
Japan
• Salary for Quran teachers
• After-school programs
• Scholarship fund
10
New Zealand – Trade Not Riba
• Educate the ummah regarding the
seriousness of engaging in riba
• Tailored training programs
• Topics include:
– Islamic social entrepreneurship
– Islamic and alternative finance
– Waqf (endowment) investment
– Micro-finance
– Non-profit investment
– Investment management strategies
11
Brunei – Tarbiyah Project
• Islamic driven enrichment programme using a ‘play-and-pray’
game approach
• Based on Al-Quran and Hadiths
• Principals of Tawhid and model Islamic behaviour
• Classes for young Muslim entrepreneurs
12
• 7 years of success in educating students to become Muslims of excellent
character
• The Khalifa method: traditional knowledge and practices of Islamic educational
methods combined with Modern Islamic Psychology
• Established primary school; adding a secondary school
• Training facility for teachers to apply the methodology
Malaysia – Khalifah Institute
13
Bahrain – Something Big Coming Soon!
14
Kyrgyzstan/Somaliland – Social
Enterprise
• Opportunity to develop
communities at a grassroots level
• Empower Muslim women through
training & skill development
• Support the development of
Islamic social enterprises
15
Germany – Islamic Manuscript
Association
• Millions of manuscripts around the world, surviving centuries of political, social
and economic change, need to be saved, catalogued, and made accessible for
research and education
• Resources and materials for proper preservation and documentation
• Free online manuscript catalogue hosting service in Arabic and English
16
Senegal – Quran School Project
• Current lack of infrastructure and
education for young Muslims
• 80 students currently being taught in a
poor area
• Increase enrolment and diversification
of education program
• Egg production and installation of
solar panels
• Aquaponic farming
17
Ghana – Something Big Coming Soon!
18
Mauritania– Schools & Wells
• Establish Islamic schools that preserve
knowledge while respecting the local
culture and teaching methodologies
• Build wells to support the community
• Shaykh Salek from Mauritania, West
Africa, a country known for producing
some of the Muslim world’s most
knowledgeable scholars. He studied for
over 17 years, from numerous
accomplished scholars including Murabit
al-Hajj, one of the greatest scholars of our
19
Spain – Grand Mosque Granada
• Cash Waqf to support to the Grand
Mosque and it’s programs
• Support for physical Awqaf
development
• Management of Awqaf properties
20
UK – Educational Partnerships
• Support educational programs that allow local Ulema to upgrade
their accreditation and integrate into their community
• Social empowerment and development to give people in struggling
situations a better life for themselves and their families
21
United States – Tayba, Bayyinah &
Yaqeen!
1. Tayba Foundation – the forgotten
believers
2. Bayinnah – scholarship support
3. Yaqeen – Islamic research and education
22
23
24
"Perpetual - Irrevocable - Inalienable and Reviving the Sunnah"
AlHuda CIBE FZ LLE - U.A.E |
P.O Box. 120867, Dubai - U.A.E |Cell: +971 55 938 9900 |
AlHuda Center of Islamic Banking & Economics - Pakistan
Ph: (92-42) 35913096 - 98, Fax: (92-42) 35913056
Email: info@alhudacibe.com Website: www.alhudacibe.com

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AlHuda CIBE - The Latest Trends in Awqaf & Social Finance

  • 1. 1
  • 2. The Latest Trends in Awqaf & Social Finance It doesn't get more trendy or by the people for the people than Waqf World Growth Foundation (WWGF) AbdarRahman Chignell Founder of WWGF
  • 3. 3
  • 4. Why WWGF? • Complaints • Opportunity • Disrupting positively • Why the need for WWGF? 4
  • 5. What is our Mission? • Preeminent Source • Objectives 1. Champion 2. Re-introduce 3. Freely 5
  • 6. Backbone of WWGF • Cash Waqf • Fintech • Professionalism • Deen • Where the cash comes from? • Consultancy 6
  • 8. WWGF Having an Impact • World Tour • Build better conditions • How is WWGF making a difference? 8
  • 10. Japan – YUAI International Islamic School • Address future educational needs for Muslim minorities in Japan • Salary for Quran teachers • After-school programs • Scholarship fund 10
  • 11. New Zealand – Trade Not Riba • Educate the ummah regarding the seriousness of engaging in riba • Tailored training programs • Topics include: – Islamic social entrepreneurship – Islamic and alternative finance – Waqf (endowment) investment – Micro-finance – Non-profit investment – Investment management strategies 11
  • 12. Brunei – Tarbiyah Project • Islamic driven enrichment programme using a ‘play-and-pray’ game approach • Based on Al-Quran and Hadiths • Principals of Tawhid and model Islamic behaviour • Classes for young Muslim entrepreneurs 12
  • 13. • 7 years of success in educating students to become Muslims of excellent character • The Khalifa method: traditional knowledge and practices of Islamic educational methods combined with Modern Islamic Psychology • Established primary school; adding a secondary school • Training facility for teachers to apply the methodology Malaysia – Khalifah Institute 13
  • 14. Bahrain – Something Big Coming Soon! 14
  • 15. Kyrgyzstan/Somaliland – Social Enterprise • Opportunity to develop communities at a grassroots level • Empower Muslim women through training & skill development • Support the development of Islamic social enterprises 15
  • 16. Germany – Islamic Manuscript Association • Millions of manuscripts around the world, surviving centuries of political, social and economic change, need to be saved, catalogued, and made accessible for research and education • Resources and materials for proper preservation and documentation • Free online manuscript catalogue hosting service in Arabic and English 16
  • 17. Senegal – Quran School Project • Current lack of infrastructure and education for young Muslims • 80 students currently being taught in a poor area • Increase enrolment and diversification of education program • Egg production and installation of solar panels • Aquaponic farming 17
  • 18. Ghana – Something Big Coming Soon! 18
  • 19. Mauritania– Schools & Wells • Establish Islamic schools that preserve knowledge while respecting the local culture and teaching methodologies • Build wells to support the community • Shaykh Salek from Mauritania, West Africa, a country known for producing some of the Muslim world’s most knowledgeable scholars. He studied for over 17 years, from numerous accomplished scholars including Murabit al-Hajj, one of the greatest scholars of our 19
  • 20. Spain – Grand Mosque Granada • Cash Waqf to support to the Grand Mosque and it’s programs • Support for physical Awqaf development • Management of Awqaf properties 20
  • 21. UK – Educational Partnerships • Support educational programs that allow local Ulema to upgrade their accreditation and integrate into their community • Social empowerment and development to give people in struggling situations a better life for themselves and their families 21
  • 22. United States – Tayba, Bayyinah & Yaqeen! 1. Tayba Foundation – the forgotten believers 2. Bayinnah – scholarship support 3. Yaqeen – Islamic research and education 22
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  • 24. 24 "Perpetual - Irrevocable - Inalienable and Reviving the Sunnah"
  • 25. AlHuda CIBE FZ LLE - U.A.E | P.O Box. 120867, Dubai - U.A.E |Cell: +971 55 938 9900 | AlHuda Center of Islamic Banking & Economics - Pakistan Ph: (92-42) 35913096 - 98, Fax: (92-42) 35913056 Email: info@alhudacibe.com Website: www.alhudacibe.com