Spotlight

May 8, 2014

Value-Based Impact Investing

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May 7, 2014

Global Donors Forum 2018

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May 6, 2014

Islamic Crowdfunding

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Preamble

Today, there are an estimated 1.6 billion Muslims constituting 23% of the world’s population. They live across the continents and contribute substantially to the world economy. They are also significant players in the social sector, whereby, developing nonprofits that address human services and social needs or creating charitable foundations that are distributing financial resources at an unprecedented level. Within this group there is a potentially enormous resource base on which philanthropies can build new initiatives to advance social justice.

Muslim philanthropy is at a crossroad, challenged to build new models of giving while simultaneously refining old methods embedded in vibrant Islamic tradition. The foremost challenge in the field is to promote strategic and accountable philanthropy that complements and enhances the generations-old conventional charity, which is often personal and spontaneous. Muslim giving needs to be reexamined and allied with the newly developing era of prosperity and hard-earned stability found in some parts of today’s Muslim world. Externally, Muslim Philanthropy is challenged by prejudice, suspicion and negative publicity, thus limiting its ability to fund programs addressing poverty, illiteracy, environmental degradation and disease.

The necessity to effectively harness resources in order to make a greater impact is compelling. The World Congress of Muslim Philanthropists (WCMP) has long shared the concern that strengthening practices in the Muslim philanthropic sector must be a priority, with a new view to enhancing social justice. Consequently, it is committed to a process of planning and action to achieve lasting change in the field. In pursuit of this agenda, WCMP envisions working in collaboration with the vast array of individuals and institutions that seek to improve the Muslim world and the broader global community. WCMP, therefore, resolves to work towards building and promoting these strategies in the field, accepting its share of responsibility for completion of this work, as well as encouraging and supporting others that can contribute to this endeavor.

About Us

The World Congress of Muslim Philanthropists is a global network of affluent individuals, grantmaking foundations, and socially responsible corporations, established to advance effective and accountable giving. WCMP is a unique catalyst for partnership across public, private, and social sectors, offering information and resources to link donors with social action and investment opportunities. As a trusted broker of collaborative relationships, WCMP mobilizes financial and human resources to confront social needs and advance strategic philanthropy.

Strategic Focus

Initiatives

TheWCMP Initiatives

Our region’s success depends on creating an environment conducive to knowledge and on providing tomorrow’s leaders with the motivation to build an better future. It is our duty to make them great assets to themselves, their nation and to the world.

His Excellency Sheikh Mohammed bin Rashid Al Maktoum

Global poverty and inequality have become structurally embedded in world society, and yet at the same time, the contributions of Muslim philanthropists have been placed under severe pressure. Coordination is needed so that efficiencies can be built into current efforts, while avoiding the pitfalls of giving to the wrong causes.

Ambassador Ebrahim Rasool

Islam’s tradition of alms giving must be bolstered to be an effective bulwark against the misappropriation and misrepresentation of the faith by fringe extremists who seek to destroy rather than build.

H.E. Dr. Sheikha Dr. Aisha bint Faleh AI Thani