Wahed and iWaqf Collaborate to Unveil Digital Endowment Feature in UK

Paul Pogba at the official Waqf launch event on July 15th, 2023. (Photo Credit: Wahed via PR Newswire)

LONDON, July 24, 2023 (VSNewsNetwork.com) - Wahed, the pioneering Islamic digital investment platform, has entered into a strategic partnership with iWaqf, a UK registered charity. The collaboration aims to introduce a dedicated Waqf (Islamic endowment) feature, a concept that promotes the sustainable growth of community donations. The initiative has been endorsed by Paul Pogba, a World Cup Winner and brand ambassador for Wahed.

Waqf is an Islamic tradition that deploys donations in a way that generates returns over time, which are then distributed for sustainable charitable giving. With the integration of this practice with advanced technology, Wahed and iWaqf aim to create a revolutionary and efficient way of making donations that can result in long-term societal benefits. This feature will enable individuals to donate to iWaqf, focusing their giving in areas such as education, poverty reduction, and sustainable development.

The partnership between Wahed and iWaqf represents a noteworthy advancement in the integration of traditional Islamic charitable principles into modern technology. The launch event for the new feature, held on July 15th, saw esteemed guests, including Paul Pogba, gather to mark this momentous occasion. For more information about Wahed, the new Waqf feature, and the launch event, visit https://www.wahed.com/uk/waqf.

Source: Wahed via PR Newswire