A lasting endowment for people, education and community

Build once. Create impact for generations.

A sustainable investment waqf in Tirana designed to generate recurring income for orphan care, education and future humanitarian projects in Albania.

✓ Foundation-owned land ✓ Approved architectural project ✓ Independent audit & oversight
Discover the project
Investment Waqf building in Tirana
Planned implementation 24 months
Expected net annual income €156,719
Waqf apartments 32
Total project cost€4,730,000
Foundation contribution€730,000
Funding requested€4,000,000
Planned implementation24 months
Foundation contribution

Project foundation already secured

The Foundation has fully acquired the project land, valued at €730,000 — 15.4% of the total project value.

Secured contribution15.4%
€730,000Funding required · €4,000,000
Project readiness

A project that is administratively advanced and ready to move toward construction

Core studies, design and approvals are already completed, and the land is fully owned by the Foundation. The remaining steps are final administrative procedures and contractor cost/offer review before construction begins.

Advanced readiness 15.4% Foundation contribution

Land fully owned

The Foundation contribution is the €730,000 project land, with the purchase formally completed.

Studies and designs completed

The architectural/executive project, general plan and main approvals are completed according to the project dossier.

Final pre-construction stage

Final cost verification, contractor offers and completion of remaining Tirana municipality procedures.

Representing a donor institution?

We can provide the donor dossier, financial breakdown, implementation plan, and governance/transparency framework for institutional review.

Interactive building

Click the building to see what each part creates

Every part of the building has a long-term purpose: income generation, institutional stability and sustainable social impact.

Interactive waqf building
↗ Click a highlighted area
01

32 Waqf apartments

Residential units form the main recurring-income engine of the endowment. Their returns support long-term charitable programs.

02

Permanent Foundation headquarters

The first floor becomes a permanent administrative base, reducing rental costs and strengthening institutional continuity.

03

3 commercial units

Ground-floor commercial space provides diversified income dedicated to maintenance and sustainable operations.

04

17 parking spaces

Parking adds a further recurring-income stream and strengthens the project’s operating sustainability.

Building at a glance

Land area717 m²
Total built area3,635 m²
Residential apartments32
Commercial units3
Parking spaces17
Permanent HQ1
Why this waqf

A donation that continues working

01

Sustainable orphan care

Recurring income supports orphan sponsorship and social care beyond one-time campaigns.

02

Education and culture

Annual returns help finance educational and cultural initiatives in Albania.

03

Future endowments

Part of the return can help establish new waqf projects and multiply long-term impact.

04

Humanitarian resilience

A stable revenue base makes humanitarian work less dependent on short-term fundraising cycles.

A Foundation with a field record since 2009

7,147orphans supported (2009–2025)
3,200orphans currently sponsored
133construction projects
69mosques built or renovated
32water wells/projects
Financial transparency

Where the €4,000,000 donor funding goes

The requested donor funding is allocated to construction, registration, risk reserve, infrastructure contingency and final fit-out/operations.

Full construction works€3,714,000
Registration / mortgage€55,616
Cost-risk reserve (24 months)€75,700
Infrastructure & contingency€100,000
Waqf/HQ fit-out & operations€54,684
Expected annual economics
Expected gross annual revenue€190,140
Expected net annual income€156,719
Distributable apartment returns€110,862
75%

75% · Orphans, education & new awqaf

15% · Maintenance reserve

10% · Max. administration

Governance

Donor confidence is designed into the project

Annual independent audit

Audited accounts and an annual impact report for supporters.

Independent Sharia oversight

Periodic review to ensure compliance with the waqf purpose and distribution rules.

Independent trustees

A 3–5 member board including Sharia, professional accounting and independent representation.

Clear return allocation

75% for orphans, education and new awqaf; at least 15% for maintenance; up to 10% administration.

Implementation plan

A clear 24‑month path to completion

Phase 1

Final administrative procedures

Final administrative completion with the relevant authorities and Tirana municipality.

Donor resources

Everything a donor needs to make a clear decision

Watch the project presentation, download the complete dossier, or request direct contact with the Foundation.

Investment Waqf project
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PDF
Download project PDF16 pages · financials · governance · implementation plan

Frequently asked questions

What is this project?+

It is an investment waqf: a property whose recurring income is dedicated to sustainable charitable and humanitarian work.

What has already been completed?+

The land is fully owned by the Foundation. Core studies, designs and main approvals are completed, with final administrative procedures remaining.

How will donors receive transparency?+

The project framework includes independent audited accounts, annual impact reporting, Sharia oversight and a defined governance structure.

Can an institution request the full donor dossier?+

Yes. Use the donor form and select “Institutional partnership” to request detailed project and due-diligence materials.