For Waqf Institutions & Endowers
Endow Once, Launch Global Talent Every Year
The waqf principal stays intact under its nazhir; the returns fund IEGS Fellowship seats — preparation scholarships for study, scholarships, and legal work abroad for high-potential Indonesian talent with limited means. The benefit flows every year, in perpetuity.
How It Flows
We do not manage waqf funds — management stays entirely with the institution's nazhir and investment manager. IEGS operates at the benefit-distribution end.
The principal stays intact
Endowers give through a waqf institution (a registered nazhir). The principal is preserved and invested according to sharia by that institution's fund manager.
Returns are distributed
Net returns are distributed periodically as waqf benefit — allocated to fund IEGS Fellowship seats.
Students are the beneficiaries
Each seat funds one selected student (mauquf 'alaih) through the full preparation program: modules, mentors, document reviews, until placement-ready.
Why Distribute Through the IEGS Fellowship
Measurable impact per rupiah
Every recipient has a Global Readiness Score (0–100) verified by human mentors — progress from baseline to placement-ready is recorded on the platform and reportable per period.
Merit + need selection, already running
Recipients are chosen through an existing funding-application mechanism that weighs potential (readiness score) and genuine need (financial profile) — not appointment.
Automated accountability reporting
The waqf institution receives per-source impact reports: recipients funded, subsidies distributed, average score growth, and placement status — generated from platform data, not compiled by hand.
It ends in independence, not consumption
The benefit doesn't stop at aid — recipients who secure legal work abroad multiply their family's income. A productive benefit that keeps compounding.
Simulate the Impact of Your Corpus
Play with the numbers: how many Fellowship seats can a corpus fund each year — while the principal stays whole?
Simulation
Assumed net annual return
Fellowship seat tier
Estimated net returns / year
± Rp 17,500,000
Fellowship seats / year
± 10seats
Seats over 10 years — principal intact
± 100seats
The seat cost follows current program pricing (launch prices). All figures are illustrative — see the disclaimer below.
The figures above are illustrative, not a promise of returns. Realization depends on the performance of each institution's nazhir/investment manager.
Endowed Seats — Named Fellowships
For institutional or family endowers: endow a corpus whose returns fund one or more seats every year, under a name of your choosing — e.g. “The Rahman Family Fellowship”. That name travels with every recipient launched, complete with its impact report.
Waqf Funds Never Enter IEGS
The principal and its returns stay entirely with the waqf institution (a registered nazhir). IEGS only receives benefit allocations to fund Fellowship seats — under a written agreement, with periodic impact reports. This separation protects sharia compliance and accountability on both sides.
Who Can Take Part
The scheme is open to every actor in the waqf ecosystem — each with a different door in.
Waqf institutions / nazhirs
Allocate part of your existing returns to a distribution program whose impact is measured — and easy to report back to your endowers.
Family & individual endowers
Endow through the waqf institution of your choice and direct the benefit to Fellowship seats — optionally under your family's name.
Companies & institutions
Corporate waqf or sharia-CSR funds whose returns launch global talent every year — with impact reports ready for your sustainability reporting.
Sharia investment managers
Run a talent-waqf corpus as a managed product — IEGS becomes the benefit-distribution channel with clean data from day one.
The Partnership Flow
From first conversation to impact report — everything in writing.
Initial conversation
An introduction to the scheme, Q&A, and alignment with your institution's distribution policy — no commitment.
Written agreement
An MoU covering allocation, recipient criteria, distribution schedule, and reporting format — agreed up front.
Selection & distribution
Recipients are selected through the funding-application mechanism (merit + need). Benefits are distributed as Fellowship seats, not cash to students.
Periodic impact reports
Per-source reports generated from platform data: recipients funded, readiness-score growth, subsidies distributed, and placement status.
Frequently Asked Questions
Does IEGS manage waqf funds?
No. The principal and its investment stay entirely with the institution's nazhir and investment manager. IEGS operates only at the benefit-distribution end — funding Fellowship seats for selected students, under a written agreement.
Can the principal shrink?
The waqf principle is that the principal is preserved and managed according to sharia by the nazhir. Only net returns flow to the Fellowship. Investment performance remains the responsibility of each institution's nazhir/investment manager.
Who selects the student beneficiaries?
Selection runs through IEGS's funding-application mechanism, weighing potential (readiness score) and financial need. The waqf institution may add criteria in the MoU — e.g. priority regions or fields.
What do the reports look like?
Periodic per-source reports generated from platform data: recipient lists (with consent), subsidies distributed, Global Readiness Score growth, and placement status. Format and frequency are agreed up front.
Can small individual endowers join?
Yes — through waqf institutions that pool cash-waqf collectively. The pooled corpus funds shared seats. Named fellowships typically require a corpus whose returns cover at least one seat per year.
Are any waqf institutions signed on already?
We are in exploratory conversations with several institutions — and will not name any institution as a partner before a written agreement exists. This page is the open invitation to start that conversation.
Let's Talk
We welcome conversations with nazhirs, waqf investment managers, and endowers — from allocating existing returns to launching a joint talent-waqf campaign.