Labuan initiative to transform Waqf into global wealth stewardship

MALAYSIA: Ihsan International Waqf Labuan Foundation aims to reposition Waqf from a

charitable structure into a strategic asset management framework for socioeconomic empowerment and global wealth stewardship to drive sustainable development and inclusive growth. Its mission focuses on better managing and activating idle or underutilized Waqf assets by transforming them into productive assets that generates perpetual benefits in essential sectors like education, healthcare, housing, agriculture, fintech and urban renewal. The foundation envisions a global digital ecosystem – where Waqf projects, funders and operators can collaborate under transparent governance and shared objectives.