It is a secure crowdfunding platform under the supervision of the General Authority of Awqaf in the Kingdom of Saudi Arabia. It aims to stimulate community participation in the endowment field and provides the opportunity to partially or fully contribute to supporting endowment and developmental products and projects of non-profit entities, funding them digitally through secure payment options.
Waqfy Platform aims at enhancing the role of endowments in development and social solidarity, meeting the development needs and achieving financial sustainability of the non-profit sector, and involving all segments of society in supporting endowment and development projects.
Waqfy Platform offers three products. They are endowment funds, benefit endowment, and financing and investment. The platform also covers several as it serves pilgrims, mosques, healthcare and education, environment and water, and the financial sustainability sector. It focuses on the most needy groups.
Related quizzes
Related articles
