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Sanzaf Conference: Zakaat and Waqf

Awqaf SA attended a Conference on Zakaat and Waqf hosted by Sanzaf in Pretoria over two. The event attracted delegates from around South Africa and speakers who came from the far corners of the globe to to present their papers and case studies. Conference highlights Professor Irfan Beik (Indonesia) boasts an extensive CV as is considered as a Finance expert, he also hosts a talk show on Smart FM. Professor Beik presented the “Core Principles for Effective Zakaat Supervision” and he raised the following valid points during his presentation:  The quality of Zakaat Management is determined by good Zakaat Governance Global co operation w.r.t Zakaat is required to strengthen Zakaah Zakaah Management is handled by the Government in Islamic countries like Pakistan and in Saudi In the case of minority Muslim country, Zakaat institutions should comply with prevailing local regulation and the legal Islamic Council. We need to change the perception in the ummah, so Zakaat can make the desired impact. Productive based Zakaat distribution is imperative to ensure the effectiveness of Zakaat. The Allocation to distribution ratio has to be measured to evaluate if the Zakaat Distribution officer is effective. An index has been created by Prof. Irfan and his wife to measure the impact of Zakaat on poverty alleviation. A strong IT infrastructure is required to ensure an effective report retrievals system. A Shariah audit is required for all Zakaat organizations.   Event Photos On Awqaf, Zakah and Micro Finance as tools for empowerment #awqafsa #sanzafconference Posted by ...

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Awqaf SA in Indonesia

Alhamdulillah Awqaf SA had a productive Round table discussion on establishing International core Principles for Waqf. It was motivating to see that Awqaf SA through the dedication and commitment of our ambassadors at all levels has built a sound Waqf Institution in South Africa that is respected internationally. Under the leadership of our Chair of Mutawallees and Chief Executive Officer, both past and present with the support of our partner organisations, Awqaf SA is a global leader in the Waqf Islamic Social Finance Sector. Let us reaffirm our commitment to Allah’s deen and duty towards the proliferation of Waqf for sustainable community development Insha’Allah. Mickaeel Collier – Surabaya, Indonesia

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Waqf Masterclass

A Waqf Masterclass will be conducted on Sunday 25 October 2015 to coincide with the Awqaf, Zakah Conference on Microfinance being organised by the SA National Zakah Fund (SANZAF) in association with AWQAF SA. Click here for more info about the Conference.  

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Muharram A Sacred Month – Waqf a Sacred institution

As we enter into 1437 – we pray to Allah SWT to grant us all the courage and strength to renew our commitment to serve Him in every possible way. Hijri New Year Mubarak: May Allah grant you and your friends and families the best for the coming year. Aameen. Muharram is the first month of the Hijri calendar. This year ie 1437 the 1st of Muharram (Islamic New Year) coincides with the 15th October 2015. The 10th day (Ashura) falls on 24th October 2015. Muharram literally means forbidden, but also means “sacrosanct” or “sacred”. According to tradition, Muharram is the Shahr Allah – the Month of Allah – one of four sacred months after Ramadaan in the Islamic Hijri calendar. The Noble Prophet Muhammad (peace and salutations on him and his family) recommended that Muslims fast on the day of Ashura (10th) and also the 9th or the 11th. It is also recommended that Muslims increase their sadaqah or charity during this month and especially on the day of Ashura. We also remember the ultimate sacrifices made by our predecessors in this month and on the day of Ashura. May Allah be pleased with them. The National Awqaf Foundation of South Africa (Awqaf SA) , in its quest to revive the sacred institution of Waqf has chosen the sacred month of Muharram to heighten awareness and to encourage the ummah to give and sacrifice purely for the pleasure of Allah. What is a Waqf? A waqf (pl: awqaf) is ...

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Eid Mubarak

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