Engineering a Waqf for Microfinance: The Fa’el Khair Program

S/he was a donor with a difference. A single donation of SAR500 million or USD130 million was large enough to be conspicuous. What was unique about this donation however, was that the donor did not wish to be named; in the tradition of a giver “whose left hand does not know what the right hand…

From Zakat Beneficiary (Mustahiq) to Zakat Giver (Muzakki) – 1

A question that is often asked in the context of the role of zakat and indeed, of all forms of charity and philanthropy in poverty alleviation is: Aren’t we making the poor dependent on charity? Aren’t we discouraging the poor from doing hard work and becoming economically active and productive if we continue to dole out cash period…