Waqf: Al-Habibiyyah unveils Islamic blueprint for sustainable development
By Muhyideen Jimoh
The Al-Habibiyyah Islamic Society (AIS) has unveiled a bold and inclusive Islamic initiative aimed at tackling poverty and accelerating community growth/national development.
The National Chief Imam of AIS, Sheik Fuad Adeyemi, disclosed this on Monday in Abuja at a workshop for management staff of the organisation ahead of the inauguration of the Al-Habibiyyah Waqf Foundation and other developmental projects.
According to Adeyemi, Waqf is a strategic Islamic charitable endowment involving the dedication of assets or properties whose benefits are channeled toward community development.
He said that income generated from the Waqf assets are used for humanity and public good such as building schools, Mosques, healthcare or supporting less privileged in the society.
The Imam highlighted how businesses can be endowed through Waqf to ensure continuity, serve humanitarian causes and tackle poverty in the country.
He said “if you notice in Nigeria, almost all the businesses, the moment the owner dies, that is the end of the business.
“But with Waqf, you can endow the business in an Islamic way, and such business will be taken over
and be used for the good of the people.
“These are the things we want to promote for the benefit of humanity.”
Adeyemi said that aside the Waqf Foundation, other developmental initiatives to be inaugurated include the “Faith and Philanthropy Initiative”, in collaboration with McArthur Foundation.
Others are the Al-Habibiyyah Rural Initiative, Estate Planning and Allied Services (EPAS), Diaspora Support Services, Volunteer Mobilisation and African Mosque Forum.
He explained that AIS would collaborate with business associations, strategic stakeholders such as the Corporate Affairs Commission and Islamic banks to drive the various initiatives.
He expressed confidence that the initiatives would provide sustainable, faith-based solutions to the challenges of poverty and underdevelopment across the country.
The News Agency of Nigeria (NAN) reports that the workshop was attended by development experts, Islamic scholars, business management experts and media consultants. (NAN)(www.nannews.ng)
Edited by Hadiza Mohammed-Aliyu