Famous Waqf in The Middle East and North Africa
Al Azhar Mosque and University in Egypt is one of the oldest universities in the world. It is one of the famous Waqf. Hence, It was established over 1,000 years ago as a Waqf donation. Furthermore, this Waqf was funded by a number of tons, which enables it to keep its independence.
The Al-Andalus Mosque is generally accepted to have been founded as a Waqf donation to the community by Mariam Al Fihri.
Cairo University was founded in 1908 as Waqf. The initial Waqf funds were donated by influential individuals, intellectuals and members of the wider Egyptian society.
Zaytouna was the second mosque to be built in North Africa. Moreover, it serves as a university. With Waqf donations, it was built around the year 703. However, it is still used today as a famous Waqf .
The Charity Foundation for the Memorization of the Holy Qur’an was established in 1966 in the Kingdom of Saudi Arabia.
In 2007, Sheikh Mohammed bin Rashid Al Maktoum. He is the Vice President and Prime Minister of the United Arab Emirates. Sheikh Mohammed bin Rashid Al Maktoum announced the establishment of the Mohammed bin Rashid Al Maktoum Foundation. Therefore, the Foundation offers education and development programs. In addition to promoting knowledge and entrepreneurship by supporting research.
The King Saud University launched its Waqf program with the aim of securing sustainable funding for scientific research. As well as supporting widowed or orphaned families.
Waqf in Europe
NESTA is an independent body which invests in innovation companies using principles closely linked to Waqf. Therefore, they use returns on investments to fund these projects. However, unlike Islamic Relief, NESTA uses interest as source of funding.
Donated to The Europe Trust and the Hellenic-Arabic Cultural Centre Association (HAC) in 2005. This centre houses the HAC cultural activities.
EIHS is an institute in South Wales which educates students up to degree level in Arabic and Islamic studies. It is a Waqf institute, founded with help from The Europe Trust and the Hellenic-Arabic Cultural Centre Association.
According to Dr Paul Brand, the statute by which Merton College, Oxford. It was founded was inspired by Islamic Waqf. The perpetual endowment ensured the college was kept running through the ages.
Waqf in Europe
NESTA is an independent body which invests in innovation companies using principles closely linked to Waqf. Therefore, they use returns on investments to fund these projects. However, unlike Islamic Relief, NESTA uses interest as source of funding.
Donated to The Europe Trust and the Hellenic-Arabic Cultural Centre Association (HAC) in 2005. This centre houses the HAC cultural activities.
EIHS is an institute in South Wales which educates students up to degree level in Arabic and Islamic studies. It is a Waqf institute, founded with help from The Europe Trust and the Hellenic-Arabic Cultural Centre Association.
According to Dr Paul Brand, the statute by which Merton College, Oxford. It was founded was inspired by Islamic Waqf. The perpetual endowment ensured the college was kept running through the ages.