IDM QURAN WAQF PROJECT
[A] Rationale
for the project
It is known that one of
the best applications of Sadaqa Jaariah (everlasting reward) or Esaale Sawab
donations (donations on behalf of late beloved relative or friend) is a Quran
(Mus’haf) Waqf. The Scholars claim that
for every sentence, line or even letter, (e.g. Alif, Laam, Meem) read by the
recipient from that donated Quran, for years to come, besides the Knowledge
gained (by reading the Quran in the appropriate translation), a portion of that
reward will go to the sponsor or donor, that will count in the Hereafter,
Insha’Allah This is an immense motivation.
Furthermore, right now
there is a need for thousands of Mus’hafs in various Southern African
languages, already translated but lacking funds for printing.
The combination of the
above two independent facts makes compelling the need for appropriate action by
those with the means and provision as well as the foresight for such actions.
[B] Intervention
The appropriate action
alluded to, above, or necessary intervention to address that vital need, was
translated by IDM into the formation of a Quran Waqf Project. This will be an
investment, whose proceeds will be used for the printing and distribution of
Mus’hafs (Qurans), in various African translations. To this end, IDM has
committed to an investment property, whose initial outlay will yield about 2000
Mus’hafs annually. This will grow on an on-going bases with time, Insha’Allah.
[C] Financial Considerations
The financial and monetary details of the property,
located in Durban, are:
Purchase Price 1, 650, 000
Gross Rental: 17,
000 pm
204,
000 pa
(12.4%
gross returns on purchase price)
Expenses: 2,500
pm
30,
000 pa
Nett Rental: 174,
000 pa
(*
10.6% Nett Returns on purchase price)
(*
85.3% return on gross rent)
Current Cost of one (1)
Mushaf (Quran): R100-00.
This project will therefore
provide over 1,700 Mus’hafs per annum right from the start.
However, as the Quran
Waqf expands, this will therefore grow on an on-going basis, Insha’Allah.
[D] Finance Acquisition Plan
We require 170 donors or shares, of R10, 000 each, to “Invest†for the Aakirahâ€, to raise
the R1, 700, 000, for the establishment of this Waqf.
Of course, there will be many who will be motivated to purchase 2 or
more shares (of R10, 000 each), thus reducing the number of donors required to
meet our target.
[E] Quran Translations,
Printing and Distribution By IDM
A major activity of IDM is the translation, as well as publishing
and printing of Mus’hafs (Qurans), and distributing these free of charge, as
the majority of our people cannot afford them.
To date, IDM has the Quran translated into 8 major Southern African
languages. This translates to over 150 million primary or mother tongue
speakers, as well as millions more, of secondary speakers.
These 8 languages include:
Afrikaans, Xhosa, Zulu, Sotho, Chichewa, Yao, Portuguese and
Runyankore (Uganda)
[F] Phenomenal Demand for Mus’hafs
To date, IDM has distributed over 120, 000 Mus’hafs (Qurans), in the
local Southern African translations, free of charge.
But there is a huge demand, for hundreds of thousands of Mus’hafs,
in all the different translations, that needs to be met. This provides
opportunities for potential sponsors and donors to earn Sadaqa Jaariah
(everlasting reward) and Esaale Sawaab (for Marhooms), Insha’Allah.
This demand is ever growing, due to high reversion rates, and also due
to the re-awakening of born Muslims.
For as long as the Quran is read by the recipient and his/her
family, we expect and hope and pray that a portion of that Sawaab (reward/Ajr) will
be passed on to the sponsor, Insha-Allah
[G] Conclusion
Please let us all join forces and synergise with the IDM Quran Waqf
Project, to kick start this project, and continue supporting it, so that it
becomes a major force in the Islamisation Movement in this subcontinent.
One hundred and seventy shares (170) of R10, 000 each, are
available, for your “Akhirah Investment†to commence this project.
Above all, it is commitment to education par excellence; a
commitment to the spread of Islam, by making the primary source of Islam (Al
Quran) available more freely and readily.
We sincerely feel very strong about the establishment of this Quran
Waqf. We believe the Quran is the single most important factor in the revival
of the Muslims and in dawah to the non-Muslims. And therefore, we also believe
that it is tantamount to gross neglect not to make the Mus’hafs available to
people who need to study Islam, and we have the means to do so, but hold back
for one reason or another.
We look forward to your queries, questions, and above all, to your
positive commitment towards this Educational Waqf for the Ummah par excellence.
IDM QURAN WAQF PROJECT
[A] Rationale
for the project
It is known that one of
the best applications of Sadaqa Jaariah (everlasting reward) or Esaale Sawab
donations (donations on behalf of late beloved relative or friend) is a Quran
(Mus’haf) Waqf. The Scholars claim that
for every sentence, line or even letter, (e.g. Alif, Laam, Meem) read by the
recipient from that donated Quran, for years to come, besides the Knowledge
gained (by reading the Quran in the appropriate translation), a portion of that
reward will go to the sponsor or donor, that will count in the Hereafter,
Insha’Allah This is an immense motivation.
Furthermore, right now
there is a need for thousands of Mus’hafs in various Southern African
languages, already translated but lacking funds for printing.
The combination of the
above two independent facts makes compelling the need for appropriate action by
those with the means and provision as well as the foresight for such actions.
[B] Intervention
The appropriate action
alluded to, above, or necessary intervention to address that vital need, was
translated by IDM into the formation of a Quran Waqf Project. This will be an
investment, whose proceeds will be used for the printing and distribution of
Mus’hafs (Qurans), in various African translations. To this end, IDM has
committed to an investment property, whose initial outlay will yield about 2000
Mus’hafs annually. This will grow on an on-going bases with time, Insha’Allah.
[C] Financial Considerations
The financial and monetary details of the property,
located in Durban, are:
Purchase Price 1, 650, 000
Gross Rental: 17,
000 pm
204,
000 pa
(12.4%
gross returns on purchase price)
Expenses: 2,500
pm
30,
000 pa
Nett Rental: 174,
000 pa
(*
10.6% Nett Returns on purchase price)
(*
85.3% return on gross rent)
Current Cost of one (1)
Mushaf (Quran): R100-00.
This project will therefore
provide over 1,700 Mus’hafs per annum right from the start.
However, as the Quran
Waqf expands, this will therefore grow on an on-going basis, Insha’Allah.
[D] Finance Acquisition Plan
We require 170 donors or shares, of R10, 000 each, to “Invest†for the Aakirahâ€, to raise
the R1, 700, 000, for the establishment of this Waqf.
Of course, there will be many who will be motivated to purchase 2 or
more shares (of R10, 000 each), thus reducing the number of donors required to
meet our target.
[E] Quran Translations,
Printing and Distribution By IDM
A major activity of IDM is the translation, as well as publishing
and printing of Mus’hafs (Qurans), and distributing these free of charge, as
the majority of our people cannot afford them.
To date, IDM has the Quran translated into 8 major Southern African
languages. This translates to over 150 million primary or mother tongue
speakers, as well as millions more, of secondary speakers.
These 8 languages include:
Afrikaans, Xhosa, Zulu, Sotho, Chichewa, Yao, Portuguese and
Runyankore (Uganda)
[F] Phenomenal Demand for Mus’hafs
To date, IDM has distributed over 120, 000 Mus’hafs (Qurans), in the
local Southern African translations, free of charge.
But there is a huge demand, for hundreds of thousands of Mus’hafs,
in all the different translations, that needs to be met. This provides
opportunities for potential sponsors and donors to earn Sadaqa Jaariah
(everlasting reward) and Esaale Sawaab (for Marhooms), Insha’Allah.
This demand is ever growing, due to high reversion rates, and also due
to the re-awakening of born Muslims.
For as long as the Quran is read by the recipient and his/her
family, we expect and hope and pray that a portion of that Sawaab (reward/Ajr) will
be passed on to the sponsor, Insha-Allah
[G] Conclusion
Please let us all join forces and synergise with the IDM Quran Waqf
Project, to kick start this project, and continue supporting it, so that it
becomes a major force in the Islamisation Movement in this subcontinent.
One hundred and seventy shares (170) of R10, 000 each, are
available, for your “Akhirah Investment†to commence this project.
Above all, it is commitment to education par excellence; a
commitment to the spread of Islam, by making the primary source of Islam (Al
Quran) available more freely and readily.
We sincerely feel very strong about the establishment of this Quran
Waqf. We believe the Quran is the single most important factor in the revival
of the Muslims and in dawah to the non-Muslims. And therefore, we also believe
that it is tantamount to gross neglect not to make the Mus’hafs available to
people who need to study Islam, and we have the means to do so, but hold back
for one reason or another.
We look forward to your queries, questions, and above all, to your
positive commitment towards this Educational Waqf for the Ummah par excellence.
