Devising financing and investment structures for awqāf: some important issues from an islamic legal perspective

Sadique, Muhammad Abdurrahman (2025) Devising financing and investment structures for awqāf: some important issues from an islamic legal perspective. In: 6th International Conference on Management, Education, Social Sciences and Innovation 2025 (ICMESSI2025), 12 July 2025, Kuala Lumpur, Malaysia.

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Abstract

The specific nature of the institution of waqf embodies certain distinct features that set it apart from other entities belonging to the category of charitable activities. These distinct features dictate that some important adjustments are made to common financing methods so that these could be adopted in financing waqf projects in an acceptable manner. Some financing methods that are applied to ordinary projects may not suit waqf financing at all, due to their incompatibility with the nature of waqf as upheld in Islamic law. The distinct features of waqf that demand special consideration with regard to financing include the particular nature of the ownership of waqf and the resultant restrictions on co-ownership of waqf assets and transfer of their ownership, directives regarding the period they could be leased and the nature of the rental, permanency of waqf, responsibilities of the caretaker or trustee that involve his management of the waqf only in a manner conducive to its best interest etc. The current paper attempts to study some important issues from an Islamic legal perspective, that are vital for the integrity of waqf assets.

Item Type:	Proceeding Paper (Plenary Papers)
Uncontrolled Keywords:	waqf, financing, issues, Islamic, endowment, equity
Subjects:	BPH Islamic Economics BPK Islamic law. Shari'ah. Fiqh K Law > KBP Islamic Law > KBP1 Islamic law.Shariah.Fiqh > KBP490 Furūʻ al-fiqh. Substantive law. Branches of law. > KBP639 Muʻāmalāt
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 Abdurrahman Sadique
Date Deposited:	05 Nov 2025 15:48
Last Modified:	05 Nov 2025 15:48
URI:	http://irep.iium.edu.my/id/eprint/124098

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