Sources of Fund: Productive Zakat (Condition apply), Sadaqah, Cash Waqf, Qard-al Hasan, Musharakah (Partnership), Mudaraba (Partnership) or any other suitable mode or mixed modes of funding are available based on the business and Shari’ah review of the application. Objective of the Program:

• Empowering the genius
• Appreciating the potential IDEA through a comprehensive Entrepreneurship Development Program (EDP) which includes funding, training, coaching, monitoring, evaluation etc. Re-funding options are also available to make the project successful where needed as per the business review report of GSISF.
• Enabling transition from being zakat recipients (mustahik) to zakat payers (muzakki).
• Achieving sustainable economic independence for beneficiary individuals, families and the society as a whole and reducing poverty, bringing solvency, and self-confidence.

Target Group:

• Any individuals having a unique IDEA who may be poor or may not be poor or needy. University/ College/ Madrasah students and or recently graduate students preferred.
• Individuals seeking to start or expand small and medium-sized businesses.
• Entrepreneurs in city, rural areas and agricultural villages.
• Non-Resident Bangladeshi (NRB) may also apply (conditions apply).
• Those requiring various levels of business support from basic to medium-scale operations.

Impact to the society

• Significant role in developing ethical entrepreneurs and consumers.
• Significant increase in average monthly income of participants.
• Improve economic stability and contribute to national development, SDGs, GDP.
• Breaking the vicious cycle of interest-based debt.