| VISION
A Vision for Sustainable Community Growth
The Oasis is a project by ICI WAQF (Endowment) that includes a retail space for office/shops and 28 apartments. It will be a one stop shop for living, praying, shopping, and working. Insha’Allah, this project is expected to generate $1.5-1.8M annually after the building is paid off. The 100% and sole beneficiary for the profit generated from the rental income will be the Islamic Center of Irving.
Current Status
The project will be delivered in 3 phases of which 2 are complete. Phase 1 was the placement of 22,000 Sq.Ft foundation slab, which was completed in August 2021 and was around $1.2M. The second phase for the site utilities was completed in August 2023 and cost $0.8M. The contract for the third phase – building structure/finish out/parking lot was signed on 6/27/24 and is expected to complete around June of 2025
ICI WAQF needs your support to donate generously to phase 3 – building structure/parking lot and earn Sadaqah Jariah for yourself. This project is for the stability of our future generations in the US, long after we have left this world. The successful implementation of this project in Irving, TX will encourage other Masaajids/Islamic Organizations to follow suite.
Please donate generously, encourage others to donate and make special prayers for the success of this project!
