Learn how your philanthropy can benefit generations like Fatima al-Fihri
A waqf in western terminology is known as an endowment. It is wealth acquired by an institution for the public good. It can take the form of liquid (cash) or non-liquid assets (estate or investment wealth). Muslims have a long and extensive history of planned and estate giving.
In fact, the oldest existing, continually operating higher educational institution in the world is the University of al-Qarawiyyin. It was founded by a generous woman named Fatima al-Fihri who donated a substantial amount of her wealth to built this public university in 859. This institution is operational to this day and is located in Fez, Morocco. Fatima al-Fihri’s generosity and brilliant vision gave birth to an institution that continues to benefit.
To learn more about Muslim Philanthropy and Endowment Building, watch our free webinar hosted by Sanad Trust Foundation, American Muslim Fund, and Wahed Invest.
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