The concept of Waqf sukuk and its ruling in Islamic law

Negasi, Mohamed Ibrahim and Laeba, Muhammad and Abubakar, Yusuf Sani (2018) The concept of Waqf sukuk and its ruling in Islamic law. Scholars Journal of Arts, Humanities and Social Sciences, 6 (11). pp. 2073-2079. ISSN 2347-9493 E-ISSN 2347-5374

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Abstract

This is a study on Waqf Sukuk, which is a fairly new concept of waqf. The paper begins by first defining Sukuk and Waqf . The discussion then continues with an analysis of the meaning of Waqf Sukuk and how it may be applied in modern times. The study also looks into the mechanism, steps and rules for the issuance of a valid Waqf Sukuk. The research also studies the rules o f Waqf Sukuk in the secondary market by explaining the rulings on temporary Waqf and discusses the opinions of scholars on the issue. In the analysis of primary sources relating to this issue, the researchers rely on inductive, descriptive and analytical m ethods of document analysis. The study concludes with a view that prefers cash Waqf and temporary Waqf and thus allows the issuance and trading of Waqf Sukuk.

Item Type:	Article (Journal)
Additional Information:	7059/69486
Uncontrolled Keywords:	Waqf Sukuk, modern, Islamic Law
Subjects:	K Law > KBP Islamic Law
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Ahmad Ibrahim Kulliyyah of Laws Ahmad Ibrahim Kulliyyah of Laws > Department of Islamic Law
Depositing User:	Dr. Muhammad Laeba
Date Deposited:	14 Jan 2019 12:15
Last Modified:	15 Feb 2019 15:50
URI:	http://irep.iium.edu.my/id/eprint/69486

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