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Waqf home


 

Waqf Investment Cycle
1. Donors choose to purchase a Waqf share or shares. Each Waqf share costs £890 and donors have the option of selecting from one of eight project categories.


2. After the deduction of a one off 10% investment fee (£90) for each share, the remainder (£800) is then invested into the Waqf Fund. Shortly after the investment (this takes between two to six weeks depending on the time of month the donation is made), the donor will receive a Waqf deed.


3. At the end of the year, the profit generated by the  £800 is distributed as follows:

  • 80% will go towards implementation of project category chosen by donor

  • 10% will be used to cover support costs related to management and audit of the Waqf investment; and

  • 10% of the returns will be reinvested into the Waqf investment fund to cover inflation and capitalisation.

4. Annually donors who have purchased Waqf shares will receive an investment profit report together with details of project implementation.