Financing the Development of Old Waqf Properties PDF Download

Author: Magda Ismail Abdel Mohsin
Publisher: Springer
ISBN: 113758128X
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
This book presents successful case studies in Muslim and Muslim minority countries that have revolutionized the redevelopment of idle waqf properties into productive land trusts. The revival of this institution over the last two decades shows the growing optimism in galvanizing the socioeconomic role of waqf by adopting its flexible shariah measures. Innovative ways of financing redevelopment allow Muslims to extend these roles to include new beneficiaries. New uses for these properties include providing services to the community, opening jobs for the majority of people, funding small entrepreneurs, educating the masses, providing health care, and sheltering the poor and needy. Countries under study include Sudan, Turkey, Malaysia, Indonesia, Singapore, New Zealand, Kuwait, Oman, Qatar, and Iran. Additionally, the book examines the International Development Bank's role in financing the development old waqf properties in different countries.

Author: Mohammad Tahir Sabit Haji Mohammad
Publisher:
ISBN:
Category : Charitable uses, trusts, and foundations (Islamic law)
Languages : en
Pages :

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Book Description

Author: Abdul Hamid Mar Iman
Publisher: Penerbit UTM Press
ISBN: 9835208654
Category : Charitable uses, trusts, and foundations (Islamic law)
Languages : en
Pages : 5

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Book Description
This book is an intermediate text intended for students, practitioners, and readers ofIslamic law and waqf. The book discusses the fundamental aspects in themanagement, development, and financing of waqf property. It introduces the basiclegal concept of waqf, its critical analysis, with a view to removing some conceptualobstacles to the development of such real estate, while developing an idea of value-based waqf dedication that can eventually overcome the issue of illiquidity of suchassets. In addition, this book includes the principles of real estate development,management, and planning applied to waqf properties, while a great part of it dealswith various methods of finance, tailored towards the development of waqf properties.

Author: Hussein Elasrag
Publisher: Hussein Elasrag
ISBN: 1719164835
Category : Business & Economics
Languages : en
Pages : 99

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Book Description
Endowments or Awqaf (the plural of waqf) can be used not only to provide immediate necessities to the poor, but also to create or strengthen business support institutions that can lower the cost of doing business for the poor. Awqaf can also be used to support and build infrastructure institutions that can improve corporate governance and reduce the cost of doing business. For example, information bureaus, market regulatory bodies, the provision of accountancy services, and other such shared services for a group or for the entire society can be funded through waqf. The Book therefore sheds more light on the concept of Waqf, its meaning and historical development. The Book also focuses on some possible roles that Awaqf may play in the socio-economic development of the Muslim societies.

Author: Khalifa Mohamed Ali
Publisher: Springer
ISBN: 3030184455
Category : Business & Economics
Languages : en
Pages : 313

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Book Description
This book explores the various aspects of Waqf management in IsDB member countries/jurisdictions as well as in non-Muslim majority countries. Topics covered include Waqf regulation, its modernization and relationship to Maqasid Al-Shari’ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf-related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects; the confluence of Waqf, zakah, charity, and Islamic microfinance impacting socio-economic development and so on. Comprising different issues and perspectives adopted by various authors/researchers, the book is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance to provide general and Shari’ah guidelines on the emerging issues within the subject.

Author: Syed Nazim Ali
Publisher: Routledge
ISBN: 1000481840
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
Waqf is one of the most potent socio-economic tools for reducing public sector deficit and breaking the chain of intergenerational poverty. Providing a high-level discussion on waqf development and innovation within the context of modern socio-economic and legal developments, this book examines the importance and potentials of waqf and the issues relating to its legal and regulatory framework. The research delivers future directions for countries that plan to explore this socio-economic institution. Readers and policymakers will be able to replicate successful experiments and learn from some failed initiatives to seek alternative funding platforms to support the fiscal policies of developing countries. The volume discusses the relevance and novel application of waqf in the modern economic system and social development, it reviews applicable laws and regulations pertaining to waqf and trust laws and examines critical, cross-country case studies and experiences. Setting an agenda for further researchers in the field of waqf, this comprehensive high-level analysis, with case studies from leading jurisdictions across the world, is a key resource for researchers, policymakers and institutions interested in charitable endowments, Islamic finance, and social finance.

Author: Hussein Elasrag
Publisher: Hussein Elasrag
ISBN: 5268803948
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
Awqaf can be used not only to provide immediate necessities to the poor, but also to create or strengthen business support institutions that can lower the cost of doing business for the poor. Awqaf can also be used to support and build infrastructure institutions that can improve corporate governance and reduce the cost of doing business. For example, information bureaus, market regulatory bodies, the provision of accountancy services, and other such shared services for a group or for the entire society can be funded through waqf. Thus, this paper focuses on the application of these concepts and some possible roles that waqf may play in the socio-economic development of the Muslim societies.

Author: Hussein Elasrag
Publisher: Hussein Elasrag
ISBN: 263473252X
Category : Business & Economics
Languages : en
Pages : 59

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Book Description
Waqf, as an important Islamic institution that underlies economic development, has been effectively utilized since the early Madinah period to inspire economic growth and expansion. The benefits it provided encompassed economic, commerce, education, health, social and spiritual dimensions.This book focuses on the application of these concepts and some possible roles that waqf may play in the socio-economic development of the Muslim societies

Author: Hassan, M. K.
Publisher: Edward Elgar Publishing
ISBN: 1802209905
Category : Business & Economics
Languages : en
Pages : 359

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Book Description
Islamic Finance in Africa discusses the progress, issues and innovations in African Islamic financial markets. It provides a comprehensive overview of Islamic finance in Africa by exploring legal, regulatory and governance challenges while balancing the issues and innovations found in both Islamic commercial and social finance.

Author: Hussein Elasrag
Publisher: Hussein Elasrag
ISBN: 1779522231
Category : Business & Economics
Languages : en
Pages : 63

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Book Description
The word (waqf) and its plural from awqaf are derived from Arabic root Verb which means "to stop", or " to hold" " to keep" or to prevent property from passing into the hands of a third person. In a religious connotation, the term waqf means to protect and preserve the property in such a way that remains intact but its usufruct is dedicated for charitable purposes in perpetuity. Endowments or awqaf (the plural of waqf) resemble common law trusts, with the trustee being the institution or individual in charge of the waqf and the beneficiary usually being the whole community. Awqaf can be used not only to provide immediate necessities to the poor, but also to create or strengthen business support institutions that can lower the cost of doing business for the poor. Awqaf can also be used to support and build infrastructure institutions that can improve corporate governance and reduce the cost of doing business. For example, information bureaus, market regulatory bodies, the provision of accountancy services, and other such shared services for a group or for the entire society can be funded through waqf. Thus, this paper focuses on the application of these concepts and some possible roles that waqf may play in the socio-economic development of the Muslim societies.