Well, the principles of WAQF (Endowment) were developed early with the development of Muslim community. In Islam, WAQF is a property dedicated to God on the ground of charity, perpetual in nature which is irrevocable and inalienable at times. Basically, it’s a legal detention of property to raise income that can be further used to serve charitable deeds of community or you can say humanity.

Undoubtedly, WAQF has emerged as one of the largest elements of Islamic State for the development of welfare system and provide a helping hand to the unfortunate in society. Great news is that Finterra is addressing these issues of lack of transparency and traceability leveraging GALLACTIC Blockchain platform. The latest technology is an incorruptible digital ledger of economic transactions which can be programmed to record not just financial transactions but everything of value virtually.

The best part is that each Blockchain created cannot be copied or replicated and is accessible to all which ensures transparency and accountability as a whole. It is to note that Finterra uses GALLACTIC’s technology to build Blockchain that can host WAQF contacts and transactions which raise funds for investment and ensure Waqf property development so that beneficiaries globally can make benefit out of it. The platform focuses to develop social solutions to issues like poverty, equitable resource allocation and, most importantly, mismanagement of charitable funds collected.

Great news is that the development of Endowment (Waqf) assets is also supported by an environment. Usage of new technologies like blockchain play a vital role in the revival and management of Waqf properties and assets with keeping an eye on the needs of future generation. However, if properly developed, managed and utilized, it can prove to be a highly effective platform which ensures sustainable and perpetual benefits to the society.

Waqf Chain community is a worthy platform to work for the benefit of unfortunate ones. Contributors can find an easy and secure way to contribute small amounts towards WAQF development which in turn render perpetual rewards (Ajar).

With Finterra Waqf Chain app, you can have secure on-the-go access to WAQF Chain platform. All thanks to its amazing features, you can have faster and more convenient services directly into your hands. It enables you to log in and manage account from anywhere via all mobile devices including iPhone, iPad and Android.

The company holds several satellite offices and teams spreading all across Malaysia, Hong Kong, Abu Dhabi, with a headquarter in Singapore. Professionals are proud to design, create and develop the finest Finterra’ blockchain-based solutions. Company’s professional IT specialists will surely live up to your expectations when it comes to making the best out of the industry.

Waqf is a prominent project which holds significant socio economic role throughout the history. The Finterra WAQF Chain is nothing less than a philanthropic tool and made major contributions towards the development of Islamic civilization. For more relevant details, you can simply log onto https://mywaqf.com Register now with REGISTRATION LINK: http://bit.ly/myWAQF and also follow us on:

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Mywaqf
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