The Memphis Islamic Center (MIC) has been a pillar of the Muslim community in the Memphis-Shelby County area, addressing the spiritual, social, and civic needs of Muslims. Recognizing the growing and diverse needs of the community, particularly in the eastern suburbs, MIC aims to further its mission by supporting the educational aspirations of its members. To this end, we propose the establishment of an Educational Partnership Fund in collaboration with A Continuous Charity (ACC).
The primary purpose of the MIC-ACC Educational Partnership Fund is to provide interest-free educational loans to students from our community, enabling them to pursue higher education without the financial strain of conventional interest-bearing loans. This initiative aligns with our commitment to fostering educational growth and supporting the development of our community members.
- Support Educational Goals: Empower MIC students to achieve their academic aspirations and contribute positively to society. By providing interest-free loans, we promote higher education and academic excellence.
- Adhere to Islamic Principles: Ensure that financial assistance provided to students is in line with Islamic values, free from riba, thereby fostering an environment that respects and upholds our religious beliefs.
- Community Engagement: Encourage members of MIC to contribute to the fund, fostering a culture of mutual support and investment in education. This collective effort will strengthen the bonds within our community.
- Strengthen the Community: Foster a sense of unity and support within the MIC community by investing in the education of its members. This initiative will not only benefit individual students but will also enhance the overall development and resilience of our community.
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