"The example of those who spend their wealth in the way of Allah is like a seed [of grain] that sprouts seven ears; in every ear is a hundred grains. And Allah multiplies [His reward] for whom He wills. And Allah is all-Encompassing and Knowing." Quran, Surah Al-Baqarah 2:261
Bringing together community leaders, financial experts, policymakers, and Waqf practitioners
The Waqf Economic Forum is a pioneering event dedicated to expanding the impact of Waqf on sustainable economic development. This forum strengthens Waqf as a powerful tool for economic empowerment, poverty alleviation, and social equity.
Vision
To establish Waqf as a globally recognized and implemented model for economic and social development that fosters sustainability, prosperity, and inclusivity.
Mission
To empower communities, foster partnerships, and provide resources for the successful development and management of Waqf projects worldwide.
Waqf Economic Forum
Objectives
Elevate Understanding and Global Awareness: Increase global recognition of Waqf's economic potential by educating stakeholders on its principles, rich heritage, and transformative applications for modern economic empowerment and social progress.
Empower Through Capacity Building: Equip participants with innovative tools, resources, and proven strategies to develop and manage impactful Waqf projects aligned with the Sustainable Development Goals (SDGs), strengthening communities and fostering long-term resilience.
Catalyze Strategic Collaboration: Foster a network of partnerships among financial institutions, non-profit organizations, government entities, and private sectors to support joint Waqf initiatives that maximize impact through collective resources and expertise.
Advance Technology and Innovation in Waqf: Introduce cutting-edge technology, including digital platforms, blockchain, and AI, to enhance transparency, operational efficiency, and scalability in Waqf management, adapting it to the digital era.
Develop and Promote Corporate Waqf Models: Advocate for the adoption of Corporate Waqf by engaging with businesses and demonstrating how it can drive social responsibility, sustainable impact, and economic stability, while aligning corporate assets and resources with community-driven goals.
Support Implementation of Corporate Waqf Practices: Provide actionable frameworks and support to businesses interested in establishing Corporate Waqf initiatives, enabling them to contribute effectively to economic empowerment, job creation, and social welfare.
Establish a Global Waqf Roadmap: Develop and promote actionable strategies to implement Waqf as a sustainable economic model in emerging and developed economies, creating a roadmap for Waqf's role in global economic transformation.
The Importance Of
Waqf Today
In today's world, where rising inequality, poverty, and a demand for sustainable growth define our global landscape, Waqf offers a powerful, time-tested model for economic empowerment and community development. Through various forms, such as philanthropic, family, corporate, and cash Waqf, this tradition continues to provide essential resources for sectors like education, healthcare, and social welfare. By extending services to vulnerable populations, Waqf addresses immediate social needs and creates pathways to opportunity, reducing poverty and fostering self-reliance within communities.
Beyond immediate relief, Waqf builds resilient societies by promoting ethical and sustainable resource management. The resources generated from Waqf investments are carefully allocated, ensuring a continuous impact over generations and supporting initiatives that strengthen the community's social fabric and economic stability. The model also encourages a culture of responsible giving, where community members invest not only in the present but in a future that remains vibrant and self-sustaining. By channeling assets into long-term initiatives, Waqf nurtures an environment of trust, responsibility, and empowerment, making it a powerful force for sustainable development.
As we adapt Waqf practices to modern economic and social challenges, the enduring principles of this institution come to life in new ways that reflect both historical wisdom and contemporary innovation. Waqf not only honors the Islamic values of charity and communal welfare but also evolves to address current issues in a meaningful and lasting way. Through dedicated support, innovative strategies, and a commitment to ethical stewardship, Waqf today remains a beacon of sustainable economic empowerment, offering a viable solution for societies striving for both growth and social equity.
Why
Participate
Learn from Experts: Gain insights from global Waqf experts, policymakers, and economists who have successfully implemented impactful Waqf projects.
Build Networks: Connect with like-minded individuals and organizations committed to using Waqf for social and economic development.
Hands-On Workshops: Participate in interactive workshops designed to provide practical skills in Waqf governance, compliance, and digital innovation.
Engage in Collaborative Projects: Explore opportunities for joint ventures and partnerships, promoting scalable Waqf initiatives worldwide.
Impactful Takeaways: Leave with actionable strategies to design, implement, and sustain Waqf projects in your region or community.
Who
Should Participate
Policy Makers and Government Officials: Interested in harnessing Waqf for national economic growth and social welfare.
Waqf Institutions and Practitioners: Looking to expand their knowledge and enhance their operational efficiency.
Islamic Finance and Investment Experts: Focused on innovative financing solutions aligned with Waqf principles.
Technology Innovators: Offering digital solutions that can enhance Waqf management.
Non-Profit Organizations: Exploring Waqf as a model for sustainable funding and development.
Academics and Researchers: Interested in the economic implications and socio-cultural impact of Waqf.
Entrepreneurs and Community Leaders: Looking to initiate or support Waqf-driven projects.
Waqf Economic Forum
Agenda Overview
Venue & Dates
Venue: Istanbul
Date: 25th to 27th February 2025
Venue: Kuala Lumpur
Date: 20th to 22nd May 2025
Venue: Online
Date: 25th to 27th July 2025
Day 1: Foundations and Modern Applications of Waqf
- Keynote Address: Revitalizing Waqf for Global Sustainable Development
- Panel Discussions: Addressing Poverty and Social Equity through Waqf
- Workshops: Waqf Governance, Principles, and Implementation
- Breakout Sessions: Strategies for Philanthropic and Family Waqf Models
- Focus: Advancing Corporate Waqf Initiatives for Social Responsibility
Day 2: Empowering Waqf through Technology and Collaboration
- Keynote Address: Leveraging Technology to Transform Waqf Management
- Workshops: Utilizing Blockchain, AI, and Digital Tools for Efficiency
- Panel Discussions: Strategic Partnerships to Maximize Waqf Impact
- Breakout Sessions: Public-Private Partnerships and Sustainable Projects
- Interactive Forum: Developing a Global Waqf Network
Day 3: Creating a Roadmap for Sustainable Waqf Implementation
- Keynote Address: Waqf as a Global Model for Sustainable Growth
- Workshops: Aligning Waqf with Sustainable Development Goals (SDGs)
- Panel Discussions: Corporate Waqf Case Studies and Future Directions
- Breakout Sessions: Tailored Strategies for Diverse Economies
- Collaborative Forum: Drafting a Global Waqf Roadmap for Long-term Impact
- Closing Ceremony: Commitments to Action and Global Collaboration
This agenda encapsulates the key elements of the three-day forum, highlighting its focus on leveraging Waqf for sustainable economic empowerment, incorporating technology, and fostering global collaborations.
Waqf Economic Forum
Delegate Registration
Waqf Economic Forum
Training & Workshops
Waqf Foundations and Governance
- Waqf Fundamentals: Overview of Waqf history, principles, and modern applications.
- Governance Best Practices: Structures, board responsibilities, and transparent management techniques.
- Legal and Regulatory Compliance: Navigating Waqf laws and international standards.
Financial Sustainability and Investment in Waqf
- Sustainable Financing Models: Innovative approaches to ensure long-term financial sustainability for Waqf institutions.
- Investment Strategies for Waqf Funds: How to invest Waqf funds in ethical and profitable ventures.
- Risk Management for Waqf Assets: Identifying and mitigating risks in Waqf projects.
Technology and Digital Transformation
- Digitalization of Waqf Management: Leveraging digital tools for efficient Waqf asset management.
- Blockchain and Waqf: Exploring blockchain for transparency and security in Waqf transactions.
- Crowdfunding and Fintech Solutions: Using technology to expand Waqf contributions and reach.
Social Impact Measurement and Reporting
- Impact Assessment Tools: Techniques to measure social and economic impact of Waqf projects.
- Effective Reporting: Methods for transparent reporting to stakeholders and the public.
- Case Studies: Success stories and lessons from impactful Waqf projects worldwide.
Waqf for Community Development
- Healthcare and Education Initiatives: Structuring Waqf to support public health, hospitals, and schools.
- Affordable Housing Projects: Developing Waqf-based housing solutions for underserved communities.
- Social Entrepreneurship through Waqf: Empowering communities through Waqf-backed social enterprises.
Capacity Building for Waqf Institutions
- Leadership and Strategic Planning: Training for leaders to make impactful strategic decisions.
- Operational Excellence: Streamlining processes to maximize Waqf resource utilization.
- Stakeholder Engagement: Building partnerships and community support for Waqf projects.
Islamic Finance Integration
- Islamic Financing for Waqf Projects: Using Takaful, Sukuk, and other Islamic finance tools to fund Waqf projects.
- Shariah Compliance and Ethics: Ensuring all Waqf transactions align with Shariah principles.
- Waqf and Microfinance: Using Waqf funds to support small businesses and economic empowerment.
Legal Frameworks and Global Best Practices
- Comparative Waqf Laws: Analysis of Waqf regulations across different countries.
- Developing a Waqf Institution: Legal steps, challenges, and solutions.
- Best Practices in Waqf Implementation: Learning from successful Waqf institutions globally.
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