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Waqf Innovation & Mobilization

The Waqf Innovation & Mobilization initiative under the WIED Charter aims to unlock the untapped potential of waqf (Islamic endowment) through modern financial instruments, digital platforms, and strategic governance. By blending traditional Islamic philanthropy with contemporary innovation, this pillar serves as a powerful tool for sustainable development, social equity, and economic empowerment.

Vision

To reposition waqf as a dynamic and impactful force for Islamic social finance, contributing to the broader objectives of a just, inclusive, and sustainable global economy.

Mission

To digitize, diversify, and mobilize waqf assets across the OIC member states through innovation, policy harmonization, and global collaboration.

Key Strategic Areas

Digital Waqf Platforms

  • Build secure and transparent waqf management systems using blockchain and AI
  • Launch mobile and web platforms for real-time waqf donations, tracking, and reporting
  • Enable crowdfunding for micro-waqf projects to support grassroots development

Waqf-Backed Islamic Finance Instruments

  • Introduce Waqf Sukuk to finance infrastructure, education, and healthcare
  • Facilitate blended finance using waqf assets alongside public and private funds
  • Support social enterprises and green initiatives through impact-driven waqf portfolios

Waqf Governance and Regulation

  • Standardize legal frameworks and Shariah-compliant waqf governance across OIC countries
  • Establish independent Waqf Regulatory Councils to enhance transparency and accountability
  • Promote professional certification for Waqf Managers and Waqf Trustees

Education, Awareness, and Talent Development

  • Offer capacity-building programs for waqf practitioners, Islamic economists, and scholars
  • Develop global campaigns to revive the spirit and awareness of waqf in Muslim communities
  • Encourage youth and professionals to engage in social innovation through waqf

Alignment with SDGs

The Waqf Innovation & Mobilization initiative supports multiple Sustainable Development Goals:

  • SDG 1: No Poverty - Use waqf to provide housing, education, and healthcare to the underserved
  • SDG 8: Decent Work & Economic Growth - Mobilize waqf to fund SMEs and employment programs
  • SDG 11: Sustainable Cities - Finance waqf-based urban development and community housing
  • SDG 17: Partnerships for the Goals - Collaborate globally to scale waqf innovation

Certification & Talent Pipeline

To professionalize the waqf sector, WIED offers structured certifications:

  • WIM - Associate
  • WIM - Specialist
  • WIM - Strategist
  • WIM - Policy & Governance Leader

These certifications equip learners with skills in Islamic social finance, waqf digitization, legal frameworks, and investment strategies.

Be Part of the Waqf Renaissance

The time is now to revitalize waqf as a tool of economic justice, dignity, and innovation. Whether you're a government body, waqf institution, academic, or private sector leader - you can help shape the future of Islamic social finance.