A perpetual Islamic endowment · pre-launch
Give once. It is never spent.
Zakat is spent — the well is dug, the family eats, the obligation is discharged, and next year you begin again. A waqf is the opposite. Your gift is invested and the principal is never touched; only what it earns is given away, as a grant or an interest-free loan to a founder building something. Then it earns again. You are not funding a founder. You are funding every founder who comes after him. That is the trade: you will see nothing this year, and your grandchildren will see something you never did.
Mufti Ismail Desai is advising · he has not yet ruledHeld by EVA DAVA EOOD, Burgas · until the Labuan waqf exists100% segregated · publicly tracked
What is at stake
Almost all Islamic giving is spent once and gone: the well is dug, the family eats, the obligation is discharged, and next year it begins again. Endowment is the rarest form of it, and the only one that compounds — a gift that is kept, invested, and never spent, so it can give again every year for as long as it survives. And Muslim tech founders still cannot find early halal money that leaves their cap table alone.
How it works
Give once. It gives forever.
Give
Contributions form a perpetual waqf corpus.
Invest
Deployed the Shariah way: sukuk, halal equities, VC and PE.
Grant
The yield funds Muslim founders, forever.
Inside a round
Grant rounds: from application to grant.
Intake + moderation
Moderation
Qualifying
Semi-final ≤50
Final: top 5
Results
Lots
Hibah is a non-refundable grant up to $100k. Qard Hasan is an interest-free loan up to $100k.
Who can vote
Register, contribute the minimum, and you can vote. One vote per project per stage. Votes cannot be withdrawn, and they expire when the round closes.
Frequency
Rounds are announced in advance. The first round comes after the fatwa and the waqf licence.
Status and influence
The more you give, the louder your voice.
Status is recomputed daily from your contributions over a rolling 365 days and issues the votes you spend on which projects a round should back.
Regular
any contribution
1 vote(s)
Silver
from $100 / year
3 vote(s)
Gold
from $200 / year
5 vote(s)
Diamond
from $1,000 / year
10 vote(s)
Voting is advisory: the committee makes the final call (a requirement of the fatwa). Separately, a cross-round reputation accrues: badges, priority, and the right to serve as an independent observer.
Who decides
Community filters, committee decides.
- ① Sharia Investment Committee. Due diligence on recipient, amount and instrument
- ② Shariah Supervisory Board. Mandatory halal sign-off. No grant without it
- ③ Mutawalli (U21C). Fiduciary control, and budget release from the corpus yield
- ④ Independent observer, a high-reputation donor who witnesses the process
- ⑤ Board of trustees, with strategic oversight of the endowment
The split of yield and capital appreciation between the corpus and the manager is (under review by Mufti Ismail Desai, fatwa request §C) and is not settled.
Negative screen
Where the shaytan is: what we will not fund
Every project goes through a Shariah screen. Anything in these areas is rejected automatically:
- Gambling, betting, lotteries
- Dating and adult content
- Alcohol, tobacco, drugs, pork
- Riba: interest, conventional banking and insurance
- Weapons and speculative derivatives
- Any other haram content
A blessed deed
“Charity does not decrease wealth.” — Prophet Muhammad ﷺ
Your contribution helps create an endowment that gives non-refundable grants and interest-free qard hasan loans to Muslim founders at the early, mid and late seed stage. Sadaqah that keeps giving. (sadaqah jariyah, under review by Mufti Ismail Desai)
What founding backers get
Your name in the foundation of a waqf built for technology.
- Founder. Your name on the permanent Founders' Wall
- Day-One badge + priority tier at platform launch
- Closed updates on the build (the Majlis)
- Impact reports at each step: fatwa, licence, first grant
- An invitation into the founders' community
- An optional SAFE for future equity (for larger backers, privately)
- A part in perpetual sadaqah jariyah (under review)
- Dedicate your contribution to someone you love
Waqf Cornerstone
$10,000+
- For large / institutional backers
- Optional SAFE for equity
- A direct line to the team
Right now we are reserving places in the Founding 100. Payment opens after the fatwa and the waqf licence (Shariah requires it: waqf capital can only be gathered inside a lawful structure). A reservation commits you to nothing.
Founding 100
Reserve your place in the foundation.
Leave an e-mail and we will write when payment opens (after the fatwa and the licence). Reserving is free and commits you to nothing.
For investors · two different things
A gift is not a return. Do not confuse them.
digiwaqf is at the early seed stage. What you give and what you may own are two different instruments, deliberately kept apart.
Your contribution: waqf capital, and capital for the build
An irrevocable charitable gift (sadaqah) that funds the platform and forms the waqf corpus. It carries no financial return. Its reward is spiritual and perpetual: sadaqah jariyah (under Shariah review).
An optional SAFE: future equity in the management company
A separate, private agreement for future equity in Ummah 21st Century (U21C), the DIFC management company that will own and run digiwaqf.com. Until U21C is incorporated the counterparty is EVA DAVA EOOD (VAT BG207945177, Burgas, Bulgaria, EU), the studio building the platform. But the SAFE converts into equity of U21C only, never into the Waqf. It tracks the commercial growth of that company: it is not a return on waqf capital, not a share of the endowment, and not a public offer. Speculative, with a risk of total loss.
Waqf capital, once endowed, is irrevocable by its nature. The SAFE is a separate commercial instrument in the management company, discussed privately with larger participants.
- Future equity in U21C (DIFC). The SAFE converts at the next round
- A direct line to the team
Where your money goes
Every dollar moves a milestone.
25%
Product & platform
CAPEX: the rounds engine, dashboards, Stripe, a public API
20%
Legal, licences & the fatwa
CAPEX: Labuan waqf, DIFC/U21C, the fatwa, contracts
55%
Team, marketing & runway
OPEX: 12 months to the crowdfund launch
$0 raised of $350,000(seed round), in public. The number is the model’s own: a cash trough of $296,954 in month 48, plus a 15% buffer. Move the sliders yourself — every input is sourced, and the ones we invented are labelled as invented.
Public tracking through Stripe
Contributions and investments will run through Stripe. We will open a public API so anyone can watch the raise and the seed-stage milestones in real time. Transparent and verifiable.
Removing the risk
The Amanah Commitment
100% of contributions are segregated for the build and publicly tracked. If we do not obtain the waqf licence by the target date, you choose what happens to every dollar not yet spent: redirected to a reputable Islamic charity, or returned.
The risk in plain words. This is early stage and the project may not happen. Money already spent on the platform, the fatwa and licensing cannot be returned. Once endowed, waqf capital is irrevocable by its nature. That perpetuity is the whole point of a waqf, not a redeemable deposit. The optional SAFE is a separate speculative instrument with a risk of total loss. This page is not an offer of securities and not investment advice.
Legal architecture
How the endowment is built, on paper.
The waqf licence
A Labuan International Waqf Foundation under Labuan IBFC jurisdiction, registered by the Registrar of Companies at Labuan FSA.
U21C, the management company
The operating company in the DIFC (Dubai); registered by the DIFC Registrar of Companies.
Bank accounts
An account for the waqf and one for the management company, at Islamic banks (candidates; the choice is a legal-stage decision).
The corpus is invested conservatively through regulated brokers: sukuk, Shariah-compliant dividend equities, Islamic ETFs, VC and PE.
Roadmap to launch
Core
Fatwa
Labuan licence
DIFC
Launch
Questions
Is this already a waqf?
Not yet. We are building it. The waqf launches after the licence and the fatwa.
Is this a donation or an investment?
You are backing the build. A SAFE for future equity is optional and private.
Is it permissible under Shariah to give now?
We are structuring the waqf with Mufti Ismail Desai; whether it counts as sadaqah jariyah is under his review.
Where does my money go?
To EVA DAVA, earmarked for digiwaqf, spent transparently: 25% product and platform, 20% legal, licences and the fatwa, 55% team, marketing and runway.
What if it does not work out?
The Amanah Commitment: funds not yet spent are redirected to charity or returned. What is already spent on the build, the fatwa and licensing cannot be returned.
Only 100 places in the foundation.
The Founding 100. These are the names that stay at the source of this waqf. Reservations are open, payment comes at launch.
