What is IRUSA Waqf?
The waqf is a new way of supporting IRUSA. In the past, most donations from individuals have taken the form of cash. Now, we are expanding to be able to accept additional forms of donations, and we’re using them to start an endowment that will maintain IRUSA.
Depending on the donor’s wishes, gifts to this endowment may benefit orphan care, emergency relief or development work. But the waqf’s main purpose is to maintain and grow IRUSA so we can focus on charity work at home and around the world.
The waqf is like a foundation upon which future charity work will be built.
A Longstanding Islamic Tradition
The practice of forming a waqf to benefit charitable work is based in the Prophet Muhammad’s practice.
When Umar ibn al-Khattab (RA) received property at Khaibar, he went to the Prophet (SAW) for advice on what to do with it. The Prophet Muhammad (SAW) suggested that he could dedicate it as an endowment for charity. So he gave it in charity, with the condition that the land be maintained and its yield given to charity.