Cash Waqf
Donate money to our endowment fund that generates ongoing returns for community services.
About Cash Waqf
Cash Waqf involves donating money to our endowment fund, which is then invested in shariah-compliant instruments. The returns generated from these investments are used to fund various community services and programs, while the principal amount remains intact and continues to generate benefits in perpetuity.
Benefits
- Funds invested in shariah-compliant instruments
- Returns used for community services
- Preserves capital while generating ongoing benefits
Examples
- Funding for community services
- Support for masjid operations and maintenance
- Assistance for those in need within the community
- Development of new community programs and initiatives
The Process
- 1Decide on the amount you wish to contribute
- 2Complete the waqf contribution form
- 3Make your contribution through bank transfer or other payment methods
- 4Receive documentation of your endowment
- 5Receive regular updates on how your contribution is being used
Islamic Perspective
"When a person dies, his deeds come to an end except for three: ongoing charity (sadaqah jariyah), knowledge that benefits others, or a righteous child who prays for him."
- Sahih Muslim
Establish Your Waqf
Take the first step towards establishing your cash waqf
Our Waqf committee can help you understand the process and guide you through establishing your cash waqf.
Contact Information
Email: waqf@citecmasjid.org
Phone: +234 123 456 7890
Other Waqf Programs