What is Waqf?
Waqf (Arabic for endowment) is a special kind of philanthropic deed in perpetuity. It involves donating a fixed asset which can produce a financial return or provide a benefit.
The revenue or benefit generated then serves specific categories of beneficiaries. Muslims giving waqf typically donate a building, land or cash with no intention of reclaiming the value gained from them.
إذا مات ابن آدم انقطع عمله إلا من ثلاث: صدقة جارية ،أو علم ينتفع به، أو ولد صالح يدعو له
When a man dies, his deeds come to an end except for three things: Sadaqah Jariyah (ceaseless charity); a knowledge which is beneficial, or a virtuous descendant who prays for him (for the deceased).
[Sahih Muslim]
Why we are different?
International Recognition
Transparency
Reputable Fund Managers
KIWF
Model
Donors → Shariah Compliant Investments → Beneficiaries
Our Projects
Transit Home for Kanser Kids
The purpose of this initiative is to purchase five (5) units of condominium/apartment for transit homes in support of low income families with cancer stricken children undergoing treatment at Hospital Kuala Lumpur. KIWF aims to allocate RM 2,500,000 to purchase these units to be identified as waqf assets.
Smart Partnership
