🕌 Islamic Waqf Impact Calculator
📊 Calculate the long-term impact of your Waqf (perpetual endowment) and how it grows and benefits recipients year after year
❓ FAQ About Waqf
Waqf is the dedication of assets for charitable purposes in perpetuity. The principal is preserved while the returns are distributed to beneficiaries. It is one of the greatest forms of Sadaqah Jariyah (ongoing charity) whose rewards continue even after death.
The General Authority of Awqaf is responsible for organizing and developing the waqf sector in Saudi Arabia. It aims to enhance the role of endowments in economic and social development and increase their contribution to GDP.
You can create a waqf through approved platforms such as "Waqfy" platform under the General Authority of Awqaf. It requires specifying the endowed asset (cash or real estate), beneficiaries, spending conditions, and official documentation.
Regular charity (Sadaqah) is spent directly and consumed, while Waqf preserves the principal and only spends from its returns continuously. Waqf is an ongoing charity with perpetual rewards as long as the endowment exists.
The program aims to increase Waqf contribution to GDP, improve governance and management of endowments, diversify investment channels, facilitate digital Waqf creation, and increase transparency and accountability in Waqf management.