Our Mission in Action
The strategic objectives of WZWF are centered around transforming Zakat and Waqf into dynamic and impactful instruments for social justice, poverty alleviation, and sustainable development.
Global Awareness
Elevate global understanding and visibility of Zakat and Waqf as transformative Islamic financial instruments, advancing their role in economic justice, inclusive development, and ethical philanthropy.
Outputs
- Enhanced public campaigns to promote the significance of Zakat and Waqf in poverty alleviation.
- Development of educational resources on Zakat and Waqf principles for institutions and individuals.
- Increased engagement on digital platforms through thought leadership articles, webinars, and social media campaigns.
Institutional Development
Strengthen the institutional capacity, governance, and strategic frameworks of Zakat and Waqf bodies worldwide through knowledge exchange, standard-setting, and multi-stakeholder engagement.
Outputs
- Creation of toolkits for governance improvement and standardized procedures.
- Creation of toolkits for governance improvement and standardized procedures.
- Establishment of structured international knowledge-sharing platforms for best practices.
International Collaboration
Foster robust cooperation among Zakat and Waqf organizations, regulatory bodies, scholars, and practitioners by building global networks, alliances, and cross-border partnerships.
Outputs
- Memorandums of Understanding (MoUs) between international Zakat and Waqf organizations.
- Cross-border project templates for resource pooling and coordinated disbursement.
- Annual forums or conferences to exchange insights and harmonize policies across nations.
Research and Development
Spearhead cutting-edge research, policy studies, and data-driven innovations that enhance the operational efficiency and socioeconomic impact of Zakat and Waqf institutions globally.
Outputs
- Publications of impact studies on effective Zakat and Waqf governance practices.
- Development of AI-driven tools for eligibility assessments and resource tracking.
- Establishment of think tanks focused on Islamic social finance and Shariah compliance.
Women Empowerment
Integrate gender-inclusive strategies within Zakat and Waqf ecosystems, promoting women’s participation as leaders, beneficiaries, and contributors in the Islamic social finance space.
Outputs
- Leadership training for women practitioners and policymakers in the Islamic finance sector.
- Dedicated funds to support educational and business opportunities for women.
- Case studies highlighting successful women-led Zakat and Waqf initiatives.
Youth Engagement
Cultivate a new generation of Zakat and Waqf leaders by engaging youth through capacity-building programs, innovation challenges, and policy platforms that bridge tradition with technology.
Outputs
- Hackathons or innovation challenges focused on youth-driven solutions for Zakat and Waqf.
- Fellowship programs for young leaders in Islamic social finance.
- Interactive workshops integrating modern technological tools with traditional practices.
Transparency and Accountability
Uphold integrity and public trust through transparent governance, ethical oversight, and regular reporting in the administration and utilization of Zakat and Waqf funds.
Outputs
- Implementation of digital platforms for real-time tracking and reporting.
- Creation of standardized reporting templates for institutions.
- Annual audits and reports published across all member organizations.
Efficient Disbursement
Ensure timely, needs-based, and Shariah-compliant disbursement of Zakat and Waqf resources, guided by data systems, eligibility frameworks, and community input.
Outputs
- Deployment of AI-driven tools for eligibility targeting.
- Creation of disbursement tracking dashboards for institutions.
- Reports showcasing measurable impacts of funds distributed to beneficiaries.
Poverty Alleviation and Social Welfare
Leverage Zakat and Waqf as strategic tools in addressing multidimensional poverty by supporting education, healthcare, food security, livelihood generation, and humanitarian response.
Outputs
- Development of sustainable livelihood projects (e.g., community farming, microfinancing).
- Educational scholarships funded through Zakat and Waqf contributions.
- Educational scholarships funded through Zakat and Waqf contributions.
Enduring Development Initiatives
Align Zakat and Waqf efforts with long-term, high-impact development goals, ensuring enduring value through sustainable projects, asset-based models, and cross-sector investments.
Outputs
- Creation of asset-based Waqf models to support long-term strategic projects.
- Investments in infrastructure development (e.g., hospitals, schools, clean energy).
- Partnerships with sectors outside of Islamic finance for diversified impact.