Sadaqa House is a charity crowdfunding platform where potential donors and charity project meet at a common point overseen by Bank Islam
Bank Islam, through Sadaqa House, provides value-added service to collect,
manage and distribute donation from the public by channelling such fund
towards realising identified charity projects for underserved communities
within the focus sectors of Sadaqa House.
There are four main focus sectors aimed by Sadaqa House to channel its fund
for sustainable positive impacts.
They are :
Health
Sadaqa House aims to support underserved communities to have access to
quality health treatment.
Environment
Sadaqa House aims to protect natural capital and resources through building
of environmental consciousness as well as supporting renewable energy
efforts.
Education
Sadaqa House aims to support efforts of community to ensure every child has
access to quality education with emphasis on holistic student outcomes.
Community empowerment
Sadaqa House aims to enable and support community-led actions that
strengthen social cohesion and inclusivity through sustainable economic and
social empowerment within communities.
THE UNIQUENESS OF SADAQA HOUSE AS THE CROWDFUNDING PLATFORM
The Perpetual Fund; where only investment profits will be used for distribution to charity projects, will ensure continuity and sustainability
The role of a professional investment manager in expanding fundraising
Perform due diligence process on change-makers and beneficiaries including conducting periodic reviews;
Implement corporate governance practices in the fund management process