Give Once, Earn Reward Forever: Help Grow the Waqf Loan Fund to Provide Riba-Free Loans for Imams

The Prophet Muhammad ﷺ said: "When a person dies, his deeds come to an end except for three: ongoing charity, beneficial knowledge, or a righteous child who prays for him." (Muslim)

75.4% of Imams on the IDP do not have access to a micro-finance facility. That's where the Waqf Loan Facility comes in!

The aim of the Waqf Loan Fund is to provide riba-free micro-loans, up to R10,000/ $550/ £435, to Imams who have no access to conventional loan facilities because of their low income bracket and informal employment. This facility allows Imams to tend to their immediate needs and improve their lives. This facility allows Imams to not only do the things they could only ever dream about but also assist them in times of dire need. Everything from home improvements, business seed funding, motorcycles, and family medical assistance, while maintaining financial independence and avoiding riba-based loans.

The Structure that Allows for Sustainability

1. A strict and timely repayment process: Deductions are made automatically from the Imam’s monthly stipend over a six-month period for smooth and manageable repayments.
2. Financial Support: Guidance is provided to help Imams use the loan effectively and avoid recurring financial challenges.
3. Thorough Monitoring: Systems are in place to track loan usage, repayment progress, and the impact on the

The Problem: Insufficient Funds to Meet the Demand 

The current Waqf Loan Fund falls short of meeting the growing demand. With average monthly loan requests reaching R162,054/$8,913/£7,051 and a payout cap of just R60,000/$3,300/£2,610, many Imams are unable to access the assistance they need. This funding gap limits their ability to address essential needs, such as education, healthcare, or entrepreneurial ventures, leaving Imams vulnerable and forced to explore riba-based loans or remain in financial distress. The current fund balance, while impactful, is not sufficient to sustainably support the Imams' growing requirements.

The Solution: $20,000 Injection into the Fund 

A $20,000 injection into the Waqf Loan Fund will begin to fill this gap and allow for increased monthly payouts to a greater number of Imams. Give once and earn ongoing rewards—your donation will multiply its impact over time, enabling Imams to thrive and achieve what they think is unachievable! 
"The example of those who spend their wealth in the way of Allah is like a seed of grain that sprouts seven ears; in every ear, there are a hundred grains. Allah multiplies for whom He wills." (Quran 2:261)

The Impact Over the Past Year

Meet the Imams and Muallimahs Whose Lives Have Changed through the Waqf Loan Facility 

Imam Muhammad Amati: A Waqf Loan to Boost his Business 

Imam Muhammad Amati applied for Waqf Loan to boost his poultry farming business. With the additional funding, he was able to increase his production and sales.

Muallimah Kashiefa Van Wyk:  A Waqf Loan for House Renovations 

Muallimah Kashiefa Van Wyk from South Africa applied for a Waqf Loan to be able to tile her lounge and staircase. 

Imam Tahier Cornelson: A Waqf Loan to Boost his Business 

Imam Tahier Cornelson from South Africa applied for a Waqf Loan to purchase a new stove and kitchen mixer to boost his business.

Imam Thabit Ishaaq: A Waqf Loan to Upgrade his Classroom

Imam Thabit from Tanzania applied for a Waqf Loan to buy chairs for his Madrassah students.

Make a Commitment: Sign up for a Lifetime of Rewards

By contributing to the Waqf Loan Fund, you are not just offering financial assistance—you are empowering Imams and Muallimahs to lead more stable, dignified lives while serving their communities. Together, InshaAllah, we can bridge the gap and expand the fund to R1,000,000/$55,000/£43,500 to ensure no Imam is left without the help they need.

Give once and earn ongoing rewards—your donation will multiply its impact over time, enabling Imams to thrive and achieve what they think is unachievable! 

About the Imam Development Program

The Imam Development Program is dedicated to preserving the deen through the cultivation of exemplary Imams. Our mission is to inspire and empower Imams to become effective community leaders through an exceptional support program thereby uplifting their communities and fostering positive change.

Over the past decade, the Imam Development Program has made a significant impact, directly improving the lives of over 512 Imams across 13 countries, including South Africa, Lesotho, Swaziland, Malawi, Zambia, Namibia, Botswana, Tanzania, Rwanda, Uganda, Kenya and Mozambique. Through tailored support and training initiatives, we have witnessed tangible transformations within communities, with Imams playing a pivotal role in promoting unity, education, and improved well-being.

Our commitment extends beyond individual development; we believe in the collective power of communities. By nurturing strong, compassionate leaders, we aim to create ripple effects that will be felt for generations to come across borders on a global scale.

As we look to the future, we remain steadfast in our mission to cultivate exceptional,  visionary Imams who will continue to lead with integrity, compassion, and dedication to the betterment of their communities.

Imam Development Program is a registered non-profit organization (2009/016746/08)/ PBO (930057429). All contributions towards this initiative are zakat eligible and tax-deductible.

Learn more about the Imam Development Program at  www.imamdp.org or reach out to us at info@imamdp.org