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Family waqf in Islamic law: an analysis of its socio-legal significance

Sadique, Muhammad Abdurrahman (2015) Family waqf in Islamic law: an analysis of its socio-legal significance. In: Kuala Lumpur International Business, Economics and Law Conference 7 (KLIBEL 2015), 18th-19th April 2015, Hotel Putra, Kuala Lumpur.

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Abstract

It is established that the creation of awqaf for the primary benefit of one’s relatives and descendants was an original innovation of Islam. It has been argued that family waqf endowment is a superior avenue of charity, as such awqaf endeavour to prevent the descendants of the endower from becoming needy of others, thus eliminating poverty and need at root. Some governments in Muslim countries had chosen to impose various degrees of restrictions on the creation or functioning of family awqaf, based on the conventional approach that charity should necessarily be directed towards the public, rather than one’s kith and kin. Mismanagement of such awqaf and their failing to fulfil their objectives, has been cited as the key arguments favouring such restrictions. Weaknesses in the judicial system as well as state governance had led to the deterioration in awqaf in addition to mismanagement. Individual management has been proposed as the best suited method for awqaf, while management of investment oriented awqaf should be handled by institutions apart from state, that preserve its nature as a third sector, dissociated from the private sector.

Item Type: Conference or Workshop Item (UNSPECIFIED)
Additional Information: 5640/45695 (ISBN 978-967-11350-6-8, Vol. 4)
Uncontrolled Keywords: Family waqf, Islamic law, endowment, development
Subjects: H Social Sciences > HB Economic Theory > HB846 Welfare theory
H Social Sciences > HG Finance > HG4301 Trust services
H Social Sciences > HV Social pathology. Social and public welfare > HV40 Social service. Social work. Charity organization and practice
K Law > KBP Islamic Law > KBP1 Islamic law.Shariah.Fiqh > KBP173.25 Islamic law and other disciplines or subjects
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Ahmad Ibrahim Kulliyyah of Laws > Department of Islamic Law
Depositing User: Dr Muhammad Abdurrahman Sadique
Date Deposited: 16 Nov 2015 13:54
Last Modified: 23 May 2016 08:34
URI: http://irep.iium.edu.my/id/eprint/45695

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