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TS-BGS-02 Trust & Stewardship Board Governance & Strategy CORE Compliance v2.9.7

Trustees set direction & strategy

Evaluating whether the organization's trustees actively establish and document its strategic direction is essential. Strategic direction-setting is a fundamental responsibility of governance, ensuring the organization has clear goals and a roadmap for achieving its mission. In Islamic stewardship, this reflects the profound duty of Amanah (trust) and Shura (mutual consultation). By setting a deliberate strategy, the board safeguards the Maslahah (public interest) and aligns organizational objectives with the broader Maqasid al-Shariah (objectives of Islamic law).

KPI / Measure
MetricStrategic KPI Performance & Governance
TargetSee Criterion KPI/Measure for targets
FrequencyQuarterly (KPI tracking); Annual (Reviews)
MethodComposite assessment of strategic KPI achievement, strategy review cadence, stakeholder consultation, risk management, budget alignment, and public benefit reporting.
UnitPercentage, Binary
Maturity Levels
Level 1: Initial/Ad-hoc

Direction is informal and reactive, primarily driven by the immediate vision of the founders or senior leaders. There is no formally documented strategic plan.

Level 2: Developing

A basic mission and vision statement are documented and have been formally approved by the trustees. Strategic discussions occur, but they do not yet result in a comprehensive, documented plan.

Level 3: Established

Trustees lead a formal process to develop and approve a multi-year strategic plan with clear goals and objectives, linked to a basic risk register; objectives cascaded into an annual operating plan and budget.

Level 4: Advanced

The strategic planning process is systematic, data-informed (needs analysis, PESTLE), broad shūrā, approved risk appetite and strategic risk register; quarterly board monitoring; clear links to maṣlaḥah and public benefit.

Level 5: Optimizing

The strategy is dynamic, forward-looking, with annual scenario planning/horizon scanning, integrated risk and performance frameworks, explicit maqāṣid alignment, and sustained delivery (≥80% strategic KPIs on track or adaptive governance evidenced) ensuring long-term sustainability and impact.

Applicability

Organisation Types

ALL

By Organisation Size

SizeApplicabilityNotes
Micro partial Formal Scheme of Delegation is disproportionate for volunteer-run charities; basic strategic direction suffices.
Small partial Strategic plan can be simplified; Scheme of Delegation only needed if employing executive staff.
Medium full
Large full
Major full

Applicable When

  • The organization has a board of trustees or equivalent governing body
  • The organization aims for sustainable operation and impact
  • For federated/affiliate charities, local trustees should set a local strategy consistent with the federation framework; any variance requires documented rationale (local needs/maṣlaḥah) and written approval.

Not Applicable When

  • The organization is a temporary entity established for a single, time-bound project (e.g., a specific relief campaign, a one-time conference) and is intended to be dissolved upon completion.
  • The organization is a program or department of a larger parent entity, and its strategic direction is set entirely by the parent entity's governing body.
  • The organization's mission and activities are rigidly and permanently defined by a legally binding external document (e.g., a waqfiyyah, a government charter) that does not permit the governing body to alter the strategic direction.

Discussion (1)

Administrator 2026-03-07 11:07:39.494907

📋 **Version updated: 1.0.0 → 2.9.7** **Changes:** Updated islamic_references from mizan-297.json

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