Empowering communities
Through our commitment to the Sustainable Development Goals; particularly Goal One- to eradicate poverty, and Goal 13- to take urgent action to combat climate change and its impacts, we want to ensure the eradication of poverty by providing families like Juma’s with long lasting changes that ensure he has a sustainable income for the future.
Our approach aims to tackle the root causes of poverty and its impact, as we aim to bring about transformational change.
Transforming lives through Waqf
Islamic Relief established its Waqf programme in 2000, to support our charitable purpose. We have since prioritised the growth and development of the programme, which is seen as key in diversifying its income and reducing dependency on other income streams.
We promote Cash Waqf in the form of Waqf shares and Sadaqa Jariyah. The portfolio Return on Investment (ROI) funds humanitarian projects in more than 25 countries.
Donors can give any amount to Sadaqah Jariyah funds or they can buy a ‘share’ in Waqf programme, which has a fixed value (currently £890 in the UK). Islamic Relief enables donors to restrict the ROI from their share to any of the humanitarian sectors in which we work.
Funding much-needed projects worldwide
Our Waqf portfolio continues to be invested in low risk, ethical and Shariah compliant investments which are critical for Waqf. Ten per cent of the ROI is reinvested, ten per cent covers investment management costs, and 80 per cent funds humanitarian projects aligned with the donor’s selection.
Sustainable livelihoods in Indonesia
In 2013, three of the poorest villages in West Sumatra, Indonesia, benefited from £30,000 funding from sustainable livelihoods Waqf shares. Over 90 women received training to cultivate mushrooms and to produce local delicacies from their crop, as well as in marketing their products.
With the money they now earn, the women can support and feed their families, as well as send their children to school.
Kasniawati, 40, is a single mother-of-three and the main breadwinner for her family. She told us that the project raised the confidence of all the women involved. Now, she dreams of having her own mushroom plot. “It might be small,” she said, “but it will be enough to support my children’s living costs and school fees.”
Designed to be sustainable, the six-month project has seen products now sold widely in Indonesia and exported to Singapore. The Indonesian government replicated the project in other parts of the country, engaging women trained by Islamic Relief in passing on their skills to other vulnerable people.
For over thirteen years, Islamic Relief has enabled our generous supporters to change lives and transform communities worldwide through our Waqf programme.