The Global Muslim Philanthropy Fund for Children
The Global Muslim Philanthropy Fund for Children (GMPFC) is a joint initiative established by the Islamic Development Bank Group (IsDB) and the United Nations International Children’s Emergency Fund (UNICEF) to unlock the global potential of strategic Muslim philanthropy, and to form a collaborative community of the world’s leading Muslim philanthropic donors.
The fund is specifically designed to harness the true potential of Islamic giving by financing life-saving humanitarian aid and responding to the child-related Sustainable Development Goals (SDGs) in the 57 Member Countries of the Organization of Islamic Cooperation (OIC).
With IsDB serving as Trustee, the fund is administered in a Shariah-compliant manner with the highest global standards of governance and accountability. The fund helps Muslim philanthropists to make Sadaqah contributions and/or fulfil their annual Zakat obligations to help lift people out of poverty and live with dignity.
The fund can collate proceeds from private and public foundations, Zakat agencies, corporations, institutions and individuals, and will deliver the greatest strategic impact for children and young people.
IsDB and UNICEF have been joined by two key founding partners in the Governing Council of the fund – the Abdul Aziz Al Ghurair Refugee Education Fund from the United Arab Emirates, and the King Salman Humanitarian Aid and Relief Centre from Saudi Arabia (KSrelief) with total seed funding commitments of US$20 million.