Awqaf Beneficiaries – Venerable or Vulnerable?
The waqf is a feature of Islamic civilization; and it’s not so much about the grand mosques that awe and inspire, or the magnificent shrines that amaze and impress. It’s …
The waqf is a feature of Islamic civilization; and it’s not so much about the grand mosques that awe and inspire, or the magnificent shrines that amaze and impress. It’s …
Ensuring a life of dignity for orphans is a very special act of piety, benevolence and kindness in Islam as in all religions. The holy Quran says: “Treat not the …
February 12, 2015 An Islamic social finance institution is essentially a non-profit or charity organization that seeks to operationalize the concepts of waqf, zakah, sadaqah and qard hasan. It has …
2nd Yayasan Tun Ismail Berdafter Public Lecture on Islamic Finance at Kuala Lumpur Plan of Lecture: Opportunities Finance in Islam Institutions of Islamic Philanthropy 2.1. Institution of Zakat 2.2. Institution …
In a few earlier blogs I have highlighted cases where the concept of waqf has been used in an innovative manner, e.g. creation of a corporate waqf for provision of …
Creative and innovative minds have experimented with the idea before. The Vehbi Koç Foundation (Vehbi Koç Vakfı) was endowed way back in 1969. It is perhaps the first documented case …
A google search on “awqaf in the Balkan countries” yields little that may be termed as informative content. A search in wikipedia says no pages on the subject exist. Yet …
S/he was a donor with a difference. A single donation of SAR500 million or USD130 million was large enough to be conspicuous. What was unique about this donation however, was …
The State Waqf Boards in India and the Majlis Ugama Islam Singapura (MUIS) in Singapore have a similar role to play in the preservation and development of waqf properties. Both …
Development of awqaf sector in India like its counterparts elsewhere faces the critical challenge of liquidity. The portfolio of awqaf assets is highly imbalanced in favor of physical assets. Cash and monetary …