IMPORTANCE AND CHALLENGES OF CREATING ‘WAQFS’ FOR NEW FOUNDATIONS Conakry, Guinea January 2019 Yusuf Bilgin Member of Trustee and Audit Council of IHH

لَنْ تَنَالُوا الْبِرَّ حَتّٰى تُنْفِقُوا مِمَّا تُحِبُّونَۜ وَمَا تُنْفِقُوا مِنْ شَيْءٍ فَاِنَّ اللّٰهَ بِه۪ عَل۪يمٌ ﴿٩٢﴾ «Never will you attain the good [reward] until you spend [in the way of Allah ] from that which you love. And whatever you spend - indeed, Allah is knowing of it.»

Religious Services Building Mosques Madrasahs Ramadan Services Role of Waqfs in Ottomans Era Daily Life Religious Services Building Mosques Madrasahs Ramadan Services Maintaining mosques

Educational Services Primary Schools High Schools Universities Role of Waqfs in Ottomans Era Daily Life Educational Services Primary Schools High Schools Universities Libraries Educational expense

Manicipulity Services Role of Waqfs in Ottomans Era Daily Life Manicipulity Services Water & Sanitation Roads Illumination Security of neighbourhoods Cleaning of streets Creating new neighbourhoods

Manicipulity Services Role of Waqfs in Ottomans Era Daily Life Manicipulity Services Clean and cold water Distribution of water Public toilets Turkish baths Cemeteries Sidewalks Bridges Clock towers Water Wells

Cultural and Social Services Role of Waqfs in Ottomans Era Daily Life Cultural and Social Services Guesthouses Tailors (for elderly people) Hot meal services Medicine Public kitchens Cash aids Dowry support

Role of Waqfs in Ottomans Era Daily Life Social Support Waqfs “By means of waqfs, a man would born in a waqf-house, would sleeps in a waqf-cradle, would eat waqf foods and drinks, would read waqf books, would work in a waqf school, would get salary from a waqf, when he died would be put in a waqf coffin, would be buried in a waqf cemetery.”

Dependency to members, donors or public funds CHALLENGES OF NOWADAYS FOUNDATIONS Lack of Net Assets Lack of capital Dependency to members, donors or public funds Being not able to make permanent investments

Structural Challenges Separation of founding members in a short term CHALLENGES OF NOWADAYS FOUNDATIONS Structural Challenges Separation of founding members in a short term Unstable attitudes of founding members Lack of transparency Being not ready for audit all the time Sustainable management and institutionalization Lack of sustainable activities Lack of feedback and reporting Accountability Acceptability at international level Lack of trained and experienced staff Place and equipment problem

Solution Proposals International Recognition and Legitimacy CHALLENGES OF NOWADAYS FOUNDATIONS International Recognition and Legitimacy Increasing the number of members Increasing the number of volunteers Increasing the number of reachable people for campaigns Increasing the range of donors Coordinating with other stakeholders Compliance with local law and policies Acting accordingly to founding principles Solution Proposals

International Recognition and Legitimacy CHALLENGES OF NOWADAYS FOUNDATIONS International Recognition and Legitimacy Needy people has no nation and religion Relief organizations has no boundaries Fiqh priorities has changed Zakat and sadaqah should be distributed according to priority of needs We have to organize our structures accordingly Being auditable Being transparent Being accountable Compliance with ‘Fiqh’ Compliance with principles of foundation and current law Respecting the rights of donors Compliance with ethical rules Respecting the dignity of human Necessities for Foundations

Creating Net Assets for Foundations Awareness activities for donors CHALLENGES OF NOWADAYS FOUNDATIONS Creating Net Assets for Foundations Awareness activities for donors Finding donations for running incomes Offering ‘Waqf’ projects for international investment funds Making administrative cuts permanent according to economic rules

Overcoming Structural Problems Management weaknesses CHALLENGES OF NOWADAYS FOUNDATIONS Overcoming Structural Problems Management weaknesses Lack of consistent managers Wrong application of hierarchy Lack of coordination Management chaos Lack of trained and experienced staff

Finding original projects Sharing experience of activities CHALLENGES OF NOWADAYS FOUNDATIONS Experience Exchanges Finding original projects Sharing experience of activities Institutionalization

Lack of Coordination and Cooperation CHALLENGES OF NOWADAYS FOUNDATIONS Lack of Coordination and Cooperation Creating humanitarian relief networks and platforms Creating emergency relief platforms Creating humanitarian diplomacy platform Creating ethic and compliance platforms

GÜNÜMÜZDE VAKFİYE OLUŞTURMANIN ZORLUKLARI VE ÖNEMİ