2. Who can become a Founding Member of the PIOUS WAQF?
A Founding Member is any Muslim who pledges purchasing any one or multiple of the PIOUS WAQF charitable stock certificates as a contribution to the WAQF prior to establishing the WAQF and completes the purchase within 6 months of establishing the WAQF.
There are 5 types of charitable (non-commercial) stock certificates:
- Diamond [$3,000]
- Platinum [$1,000]
- Gold [$500]
- Silver [$100]
- Bronze [$25]
All for a “Sadaqah Jareyah” (a continued charitable contribution) and “3ilm Yuntafa3 Bih” (a Beneficial Science).
Founding Members and their stocks and designated project(s) of choice will be published online. A Founding Member may also have the option of being listed as an "Anonymous Donor".
Members who participate in purchasing shares after the Waqf is established will be considered Participating Members (non-Founders).
Currently Samer Osman Bey Ramadan Oglu is the pioneer founding member and is hoping for many others to join him.
Recently joined Founding Members:
1. Mr. Mohsin Tutla, CEO of HajjPeople, London, UK. with a Silver Stock Certificate Pledge with hope to upgrade to a Diamond Stock Certificate.