Sadqa Jaaria Planning

Most charitable planning is either tax or financial planning.  However for Muslims there are considerations that go beyond this, creating rules to avoid the haram (prohibited) in financial affairs and fulfilling requirements for awqaf (if a waqf is being established) as well as integrating the plan with the faridah Islamic Inheritance requirements.

We assist our clients in creating family foundations, communities in creating awqaf, charitable remainder trusts, charitable lead trusts and other arrangements.

We plan on including additional information on this site on Islamic Inheritance.  Be sure to subscribe to our email list for regular updates.

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Messages from Leslie and the waqf

Those of you who get these updates by email saw a curious email from “Leslie Mills.” That was an error, the email was not meant to have come from her.

In case you missed it because of that reason, the post that month was a well considered one on Waqf, and how giving to one can be a bad idea.  Check it out if you have not yet.

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Lots of ways giving to a Waqf can be a bad idea

Muslims tend to be charitable by nature.   Here in Southern California, the Muslim community  and perhaps in other communities around the country, it is fundraising season again.  Many organizations are holding banquets  and doing fundraising in order to meet their annual budgets. In some cases, organizations would like to be able to build for [...]

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Waqf Issues for Islamic Organizations (Short Video)

Islamic Waqf Design Strategy, Islamic Organization Asset Protection.

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“Even a smile can be charity”: But how about burning down your own house?

Many things that we regard as charitable come with no sacrifice. For example, a smile.  Some provide no sacrifice but do provide a tax deduction.  Others provide no sacrifice or tax deduction.   Fire departments like to burn down homes for training purposes.  People donate their homes to provide real world training experience to firefighters.  The case [...]

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Islam and Private foundations: It’s a lot of work. Is it really worth it?

Any family considering a “private foundation” should do so only after significant thought has been given to the charitable goals the foundation is supposed to undertake as well as a the level of commitment the family willing to bring to the table. It’s a lot of Money Many well-informed practitioners have recommended to their clients [...]

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Charity: Donations to foreign religious organizations not necessarily tax deductible

A Tax Court case (PDF) tells the story of a woman who was a young girl in her home country saw atrocities committed against Catholics and saw a Catholic Church destroyed.  After living in the United States she started making donations to her home country's Catholic Church.  The donations were not made directly, but through a relative [...]

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Islamic Rules of Inheritance and immortality

The Financial Times notes a new book out by Ray D. Madoff called “Immortality and the Law” which is about the ever-increasing rates of dead people to control the rights of the living. Of course,  people cannot take their property with them. However, it does seem nonsensical that individuals have a wide range of obligations to [...]

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Charity: But your rich! So why don’t you donate?

A recent report from Barclay's Wealth (PDF) addresses the concerns of wealthy philanthropists, and why they may be less so.   There is a study on why it is those that donate do so.  The top reason, "I can afford to."  Religious beliefs came in at number 10 (though it came in on top as an "internal motivator."  The [...]

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Building an Endowment

I recently spoke in Chicago on building endowments for Islamic Schools.  Its not an easy subject and in fact, many schools would not be able to set up an endowment as they are too new or too small or do not have enough of a donor base.  Before delving into the issue, you want to [...]

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