02
Jan 2019
Program for the development of Board of Trustees of Waqf entities
1:00 am - 9:00 pm
Al Khobar, Saudi Arabia
The International Institute for Islamic Waqf will hold this three-day training course on the development...
28
Oct 2018
Professional Management of Real Estate Endowments
1:00 am - 9:00 pm
Manama, Bahrain
The International Institute for Islamic Waqf will hold this training course for three days under...
The International Institute of Islamic Waqf was established in Malaysia in 2008 as non-profit organization specialized in Waqf sector with a purpose of enhancing the sector by providing a wide range of services and courses to help improve waqf methodologies, build capacities of the organizations and waqf practitioners in addition to a resource center for the waqf sector. IIIW recognizes the impact and the importance of the waqf sector in the structure of a healthy society as it is one of the greatest initiatives in changing people’s lives and enhancing their livelihood.
IIIW’s vision is to be a global pioneer in the development of waqf sector.
- Objectives:
- Promoting the practice of waqf and its importance
- Providing the sector with specialized experts and professionals
- Provide help and support in the establishments process of waqf institutions
- Development of the waqf sector by adopting best practices and enhancing institutional management.
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TRAINING AND KNOWLEDGE ACQUISITION IN WAQFS IS THEREFORE KEY TO THEIR SUSTAINABILITY
“ Usually, people in the Islamic world set aside one-third or one-fourth of their wealth for endowment, and that will be effective only after their death. But in my case, I decided to implement this decision in my lifetime itself. ”
Abdul Aziz al-Ghurair said his family has allocated a third of their wealth for the initiative. He said the endowment is likely to grow over the coming years as the family's business revenues increase, with the scholarship fund intended to continue well beyond its initial 10-year mark.
Bill Gates is the second richest person on Earth— which affords him a lot of power. He and wife Melinda largely use that power for philanthropic purposes through the Bill and Melinda Gates Foundation, which funds projects that aim to reduce poverty, inequality, disease, education gaps, and hunger around the world.
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