SOZECOM Unveils new Untapped Waqf Potentials Model for Socio-economic Development Across the Globe

The Sokoto State Zakat and Waqf (Endowment) Commission, SOZECOM, under the able leadership of the Executive Chairman Malam Muhammad Lawal Maidoki (Sadaukin Sakkwato) unveiled a new Waqf Model that will be very instrumental in tapping the neglected area of Waqf potentials for the improvement of socioeconomic status of the masses not only in Sokoto but global arena in general.

The Executive Chairman, unveiled the Model during a research paper presentation titled ” Untapped Waqf Potentials for socio-economic Development in Sokoto: Perceptions of Amilin ” at the just concluded 10th Global Waqf Conference held in Balawahur, Pakistan.

The Chairman said that the potentials of Waqf can be tapped in the areas of Human (Waqaful Bashary), Natural resources, Waqf from companies, factories, Hotels, restaurants, Banks, Business moguls, telecommunications, transport, trade unions etc. These untapped forms of Waqf if utilised effectively can help to foster self reliance, sustainable income, and employment opportunities for optimum socio-economic development of Ummah.

He finally called upon all and sundry to adopt and domesticate the model in order to positively improve the socioeconomic well being of the people in their localities.

The conference was attended by academicians, researchers, Zakat and Waqf administrators and managers across the world.


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