Assadaqaat Community FinanceAccess to finance is a key link between economic opportunity and economic outcome; An overarching problem facing a vast majority of members of our communities today is Financial and Social Exclusion.
Based on the Islamic principles of Benevolence (Assadaqaat) and Common Good (Ma’ruf), the value proposition is simple - philanthropy creates philanthropists. Supporting our communities financially and by delivering social and economic measurable impacts is the hallmark of our Assadaqaat financial model. The few cannot prosper alone, but have a responsibility towards the less advantaged members of our communities.
By providing 'interest free' finance, professional support and strategically targeted equity investments, it is our aim to nurture and empower individuals, families and groups to cultivate economic opportunities for strong and inclusive growth.
With our headquarters based in Cardiff in Wales, our plan is to have one of the largest global network offering financial support and advice to start micro, small and medium enterprise to hundreds of individuals each year through its core Assadaqaat - Enterprise Awards initiative.