Unlocking the huge untapped potential of Muslim giving
Welcome to the September 2018 issue of Alliance magazine.
There is general agreement that we don’t know as much as we’d like to know about Muslim philanthropy, a phenomenon broadly defined as giving ‘of any kind, which involves self-identifying Muslim individuals, institutions, communities, and societies as key agents’. This lack of knowledge is remarkable given that Muslims comprise almost a quarter of the world’s population, and give around $1 trillion per year according to some estimates.
In the new issue of Alliance magazine, out on 4 September 2018, guest editors, Tariq Cheema and Yunus Sola, argue that the potential of Muslims to contribute to the well-being of humanity would be greatly enhanced if their philanthropy was more accountable, strategic, professional, and better directed.
That view is re-enforced by leading philanthropists, philanthropy practitioners and thinkers – from South Africa to Saudi Arabia and from the US to the Qatar – who share their insights into the potential of Muslim inspired giving as well as calling attention to a host of challenges. Judging by these contributions, it is clear that Muslim philanthropy can shape humanity for the better but, as with the wider philanthropic sector, there are huge opportunities but also some distance to travel.
Elsewhere in this issue, Alliance talks to German philanthropist, Ise Bosch and her close colleague Justus Eisfeld. Read their non-binary vision of philanthropy. Meanwhile, the institutional philanthropy lobby in Europe is gearing up ahead of elections to the European Parliament in 2019. But what exactly do foundations want from their law-makers? Find out here.
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