Social

Empowering Social Stakeholders for Inclusive and Ethical Economic Development

The Islamic economy is built not only on financial prosperity but also on social justice, community wellbeing, and ethical values. WIED actively engages with social stakeholders—civil society organisations, grassroots communities, philanthropic entities, faith-based networks, and social entrepreneurs—to ensure that economic development is inclusive, human-centered, and aligned with Maqasid al-Shariah (the higher objectives of Islamic law).

Role of Social Stakeholders

Social stakeholders play a vital role in:

• Advancing financial inclusion through Waqf, Zakat, and Islamic microfinance.
• Promoting community empowerment via entrepreneurship, vocational training, and digital literacy.
• Protecting vulnerable groups, including women, youth, refugees, and persons with disabilities.
• Mobilizing social capital for sustainable development and climate resilience.
• Bridging the gap between economic growth and real social impact.

Focus Areas of Engagement

• Faith-based Organisations (FBOs):Facilitating trust-based development programs rooted in Islamic values.
• NGOs & Charitable Foundations:Working in health, education, livelihood, and disaster response.
• Youth & Women Networks:Advocating for equitable access to opportunities and leadership roles.
• Community Cooperatives:Empowering local economies through ethical and shared ownership models.
• Social Entrepreneurs:Innovating inclusive solutions for pressing societal challenges.

How WIED Supports Social Stakeholders

• Social Impact Labs & Accelerators:To nurture changemakers and community-led innovations.
• Workshops on Zakat & Waqf Effectiveness:For improved governance and sustainable outcomes.
• Grassroots Training & Empowerment Programs:Focusing on entrepreneurship, skills development, and digital tools.
• Strategic Grants & Partnerships:With aligned NGOs and foundations working toward shared goals.
• Ethical Economy Forums:Where voices from the social sector help shape WIED policies and projects.

Inclusive Growth, Rooted in Ethics

WIED envisions a world where no one is left behind in the journey of economic transformation. By centering human dignity, mutual support, and community resilience, WIED ensures that the Islamic economy uplifts not just markets, but lives.