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    Category: Crowd Funding

    Awqaf Microfinance – Small is Beautiful

    In Islam, lending is considered more of a charitable act than a commercial one. For a Muslim, it’s a matter of faith not to expect…

    Guest Author January 24, 2023
    0 Comments

    Making Sense of Digital Distribution of Zakat

    Zakat may be paid out by an individual muzakki (zakat payer) directly to an individual mustahiq (zakat beneficiary). This is the practice in countries where…

    Mohammed Obaidullah March 6, 2020
    5 Comments

    Launch of Sadaqa Initiative

    Today the World Zakat Forum at Jakarta is coming to a close. On this occasion I have an important announcement to make. Today we are…

    Mohammed Obaidullah March 16, 2017
    1 Comment

    Forum Description

    Today the World Zakat Forum at Jakarta is coming to a close. On this occasion I have an important announcement to make. Today we are launching the Sadaqa Initiative at http://www.sadaqa.in. It involves setting up a Sadaqa Academy that will offer certification programs for zakat, waqf and other Islamic social finance professionals. The certified amil zakat program is expected to commence on 1st Sha'ban 1438 inshaAllah. The Sadaqa Initiative also involves setting-up a series of crowd funds for sadaqa. The first such fund is India-specific and is called Taleem Crowdfund that is dedicated to financing of basic, higher, vocational and Islamic education in India. Please pray for its success.

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