IDM QURAN WAQF
Rationale for the Project
It is known that one of the best applications of Sadaqa Jaariah
(everlasting reward) and Esaale Sawab donations (donations on behalf of a late
beloved relative or friend) is a Quran (Mus`haf) Waqf.ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàThe 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, InshaAllah 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)ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàIntervention
IDM has committed to an investment property, as an intervention and
formed the Quran Waqf Project whose initial outlay will yield about 2000
Mus`hafs annually to address this vital need. This will be an investment, whose
proceeds will be used for the printing and distribution of Mus'hafs (Qurans), in
various African translations and will grow on an on-going bases with time,
InshaAllah.
C)ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàFinancial
Considerations
The financial and monetary details of the property, located in
Durban, are:
Purchase Price:ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàR1,
650, 000
Gross Rental: R
17, 000 pm
R
204, 000 pa
12.4%
gross returns on purchase price)
Expenses: R
2,500 pm
R
30, 000 pa
Nett Rental: R 14, 500 pm
174, 000 pa
ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡Ãâà(*
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 Mushafs per annum
right from the start.
However, as the Quran Waqf expands, this will therefore grow on an
on-going basis, InshaAllah.
D)ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàFinance Acquisition
Plan
We require 170 donors, with shares of R10, 000 each, toÃÆÃâÃâ ââ¬â¢ÃÆââ¬Â âââ‰â¢ÃÆÃâÃââÃÆââââ¬Ã
¡ÃâìÃÆââ¬Â¦ÃâáÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡Ãâàinvest for the
Aakhirah, 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.
Purchases of one (or more) shares do have the option to divide their
total contributions over 2, or more, monthly payments.
E)ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàQuran Translations,
Printing and Distribution By IDM
A major activity of IDM is the translation, as well as publishing
and printing of Mus`haf (Qurans), and distributing these free of charge, as most
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)ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàPhenomenal Demand
for Mus`haf
To date, IDM has distributed over 160, 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), InshaAllah.
This demand is ever growing, due to high reversion rates, and 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)ÃÆÃââââ¬Ã
¡ÃÆââ¬Å¡ÃâàConclusion
Please let us all join forces and synergise with the IDM Quran Waqf
Project. Lets 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, but hold back for one reason or another even
though we have the means to do so.
We look
forward to your queries, questions, and above all, to your positive commitment
towards this Dawah and Educational Waqf for the Ummah, par excellence