Growth / Investing

Empowering Orphans Through Mutual Funds

The joint effort of Safa Baitul Maal, SenSage, and Saleha Rasheed Charitable Trust has been instrumental in shaping a better future for orphaned children.
  • Safa Baitul Maal took charge of identifying orphan children and assisting in the payment of their school fees, ensuring their education remained uninterrupted.
  • Saleha Rasheed Charitable Trust (SRCT) generously contributed to the children’s long-term financial security by investing in Systematic Investment Plans (SIPs) using Zakat funds, paving the way for higher education, self-employment, and marriage assistance for girls.
  • SenSage played a crucial role in the growth of these investments, ensuring that the funds generated sustainable financial outcomes for both the orphans and their families.

This structured approach has helped many families establish financial discipline, opening bank accounts in the name of orphaned children and securing their future through systematic investments. Now, about 20 such children have attained majority, they have received their passbooks, mutual fund statements, and certificates of appreciation for their achievements.

Furthermore, 15 new orphan children aged between 3 and 10 years have been identified, setting the foundation for fresh long-term investments toward their future goals. This continuation reaffirms the commitment of these institutions to fostering financial security and empowerment.

This initiative is an excellent example of how structured philanthropy can create lasting change. The project has created a sustainable and forward-thinking initiative to empower orphaned children and their families. Efforts like this truly make a lasting impact.

Would you like to join the program and seize the opportunity to become a companion of the Prophet Muhammad? The Prophet Muhammad (peace be upon him) said: “I and the caretaker of an orphan will be like this in Paradise.”

Lubna SenSage | Sharia-Compliant & Ethical Investment Adviser in India Smart Assistant ● Online

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