A physician-powered, Sharia-compliant endowment providing interest-free qard hasan loans to Muslim medical students and residents — built on the waqf principle that charitable capital should be preserved, and its fruits dedicated to the public good, in perpetuity.
MedWaqf is structured as a perpetual endowment inspired by the Islamic tradition of waqf — in which donated capital is preserved and invested, and only its returns are used to serve the public good.
Donated capital is preserved as principal. Only returns are used to support trainees — so the fund grows rather than depletes.
Interest-free loans return to the fund and are redeployed. Each dollar can support multiple generations of physicians-in-training.
A board of physicians and advisors oversees investment strategy, distributions, and the review of every application.
All assets are invested in ethically screened instruments. No interest. No speculation. Only stewardship.
“When a person dies, their deeds come to an end except for three: a continuing charity, beneficial knowledge, or a righteous child who prays for them.”
Every donation enters a permanent structure. Returns — not principal — fund trainees. Loans are repaid and reinvested. The cycle continues indefinitely.
Contributions enter the permanent endowment — not spent, but preserved.
Principal is held in a protected structure with transparent governance.
Capital is deployed into Sharia-compliant equities, sukuk, and liquidity reserves.
Returns fund interest-free loans, emergency relief, and need-based aid.
Qard hasan repayments re-enter the fund — so the next cohort can rise.