Awqaf are assets that are permanently dedicated to charitable purposes, meaning they cannot be sold, transferred, or inherited, and the income generated from them must be used for the benefit of the community, essentially “preventing the movement” of ownership to any private individual; the word itself translates to “to hold” or “to stop” in Arabic. That means, once the assets has been designated as a Awqaf, they cannot be sold, given as inheritance or as gifts. This simple notion leads to empowering conseq
Awqaf America allows everyone to participate in establishing and reviving Awqaf in our communities. Individuals will be able to donate cash that will be pooled together and invested in shariah compliant assets that will generate sustainable returns InshaAllah.
Awqaf America, Inc. 907 Westwood Blvd, Ste 900 Los Angeles, CA 90024, USA Website: www.awqaf.us Phone: 1-888-AWQAF-USA Phone: 1 (888) 297-2387 Email: [email protected] Twitter: @awqafamerica