Terms of participation

Updated: 15 July 2026 · pre-launch version

By making a contribution on this page you are backing the build of the digiwaqf project. Funds are received by EVA DAVA EOOD (VAT BG207945177, Burgas, Bulgaria) and are earmarked for building the platform, the Shariah charter, and licensing the future waqf.

The nature of your contribution

A contribution is an irrevocable charitable gift (sadaqah) toward the build and the formation of waqf capital. It carries no financial return. It is not an offer to sell securities and not investment advice. The project is pre-launch: it is not yet a licensed waqf and it is not Shariah-certified. Whether it qualifies as sadaqah jariyah is under review by Mufti Ismail Desai.

The Amanah Commitment

100% of contributions are segregated for the build and publicly tracked. If the waqf licence is not obtained by the target date, every dollar not yet spent goes where you choose: redirected to a reputable Islamic charity, or returned. Funds already spent on the platform, the fatwa and licensing cannot be returned. Once endowed, waqf capital is irrevocable by its nature.

The SAFE (for investors)

The optional SAFE is a separate, private instrument for future equity in U21C, the DIFC management company. Until U21C is incorporated the counterparty is EVA DAVA EOOD, 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, gives no share of the endowment, and is not offered publicly. Speculative, with a risk of total loss. Discussed individually: ceo@evadava.com.

What we do not fund

Projects involving gambling and betting, dating and adult content, alcohol, tobacco or drugs, riba (interest), weapons, or any other haram content are rejected at the Shariah screening stage.

Risk

This is early stage. The project may not happen. By taking part you confirm that you understand and accept that risk.

Governing law and contact

Contributions are governed by the laws of the Republic of Bulgaria and applicable mandatory European Union law. Your mandatory consumer rights are not affected. The SAFE, as a separate commercial instrument, is governed by its own terms. Questions: ceo@evadava.com.

This is a pre-launch version of this document. Final terms will be settled and reviewed by legal and Shariah counsel before public launch.