I WAQF CHARITABLE TRUST
The charity in line with its aims has been investing the donations received to date and is currently reviewing the investments in order to make a decision on what charitable activities/grants are to be undertaken in the next year from income received.
Objects
TO FURTHER SUCH CHARITABLE PURPOSES (CHARITABLE UNDER ENGLISH LAW) AS THE TRUSTEES SEE FIT FROM TIME TO TIME FOR THE PUBLIC BENEFIT BY MAKING GRANTS TO INDIVIDUALS AND TO REGISTERED, EXCEPTED AND EXEMPT CHARITIES.
Financial health, per its FY2026 accounts
The charity reported a net income of £226,672 for the year ended 31 March 2026, with total funds increasing to £617,579. The accounts were subject to an independent examination rather than a full audit, with the examiner confirming no material matters required attention. The trustees consider the financial performance satisfactory and state that assets are adequate to fulfill obligations.
What the accounts disclose
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Trustees
- RIZWAN RASHIDchair
- HAROON RASHID
- Haroon Rasheed Kalla
- Ismail Rashid
- Syed Shezad Abedi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £283k | £56k |
| 31/03/2025 | £306k | £99k |
| 31/03/2024 | £177k | £32k |
| 31/03/2023 | £16k | £250 |
| 31/03/2022 | £11k | £250 |
Common questions
Is I WAQF CHARITABLE TRUST financially healthy?
Per its FY2026 accounts: The charity reported a net income of £226,672 for the year ended 31 March 2026, with total funds increasing to £617,579. The accounts were subject to an independent examination rather than a full audit, with the examiner confirming no material matters required attention. The trustees consider the financial performance satisfactory and state that assets are adequate to fulfill obligations. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MOTHER AND CHILD WELFARE ORGANISATION | 1 | £1k |
Charities like this
- INTERNATIONAL WAQF FUND
- THE WAQF FUND
- THE MOINUDDIN AND IFFAT WAQF CIO
- MINHAS CHARITABLE TRUST
- IGIVE
- ISLAMIC WAQF FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| I WAQF CHARITABLE TRUST | £283k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL WAQF FUND | £491k | £70,000–£80,000 | 1 | below | — | no doubt |
| THE WAQF FUND | £731k | — | 0 | unclear | — | no doubt |
| THE MOINUDDIN AND IFFAT WAQF CIO | £1.4m | — | — | unclear | — | no doubt |
| MINHAS CHARITABLE TRUST | £44k | — | — | unclear | — | no doubt |
| IGIVE | £358k | — | 0 | unclear | — | no doubt |