Frequently asked questions
How does this work?
1. Pick a cause that you care about and donate.
2. Your donation lands directly into a secure AWI bank account.
3. AWI grows your donation in a halal way. This means that the money you donated is invested in halal-certified ETF funds, made up of real estate and companies all around the world.
4. Every year the profits made from the growth of funds are distributed to the cause you picked, while the principal (the original amount donated) stays invested to continue multiplying your donation.
5. In your dashboard, you can track the continuous impact your donation is creating every year.
How does my donation grow?
We spread investments through halal-certified ETF funds that invest globally and across industries to minimize the risk and ensure that the eggs are never in one basket.
These funds invest in public companies, real estate, and other instruments with the highest standards for both stability and performance.
All the investments they make are halal-certified and meet AAOIFI standards.
The market grows on average 10% per year, but what happens if it doesn't grow or goes down?
Just like a planted palm tree might not give yields during a dry year, the same can happen with Afterfund donations during global crises as well.
However, this usually happens in short periods.
Long term, the market has historically always grown as the world economy develops and grows.
Let's take a look at the market in the past 20 years:
As you can see, during the COVID-19 crisis, the market went down, but it quickly recovered and grew even more.
When you are donating to a waqf, you don't want to look short term - you want something that actively creates good deeds for you LONG TERM, during your lifetime, and even beyond.