Monday 29 December 2014
 
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Waqf

Group targets $500bn Islamic charity market

  Veteran Geneva-based banker and Islamic finance expert John Sandwick has teamed up with Saudi adviser Wafi International to target the Islamic endowment market, a $500 billion capital pool he said had been poorly served to date

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$105bn Waqf sector 'can boost Islamic finance'

Shari’a compliant philanthropy, or planned giving, is on the rise with the Waqf sector (Islamic endowment) estimated at around $105 billion globally, according to research conducted recently by Ernst & Young on the sector. Ashar Nazim,

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