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Legal Framework for Waqf

In: Islamic Social Finance

Author

Listed:
  • Sherin Kunhibava

    (University of Malaya)

  • Aishath Muneeza

    (INCEIF)

  • Maryam Binti Khalid

    (University of Malaya)

  • Zakariya Mustapha

    (University of Malaya)

  • Thong Ming Sen

    (University of Malaya)

Abstract

In this chapter, the focus shifts to the institution of Waqf in Islamic social finance. The chapter provides a comprehensive understanding of Waqf, elucidating its nature, purpose, and distinctions from other forms of charitable giving such as Sadaqah and Zakat. With a specific emphasis on the legal framework governing Waqf in Malaysia, readers gain insights into the regulatory landscape that shapes and guides these endowments. Real-world applications are explored through the presentation of use-case studies, showcasing the diverse and impactful ways in which Waqf has been employed. The chapter also addresses the inherent issues and challenges associated with Waqf, offering a critical examination of its implementation within the context of Islamic social finance.

Suggested Citation

  • Sherin Kunhibava & Aishath Muneeza & Maryam Binti Khalid & Zakariya Mustapha & Thong Ming Sen, 2024. "Legal Framework for Waqf," Springer Books, in: Islamic Social Finance, chapter 0, pages 45-68, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-1410-0_3
    DOI: 10.1007/978-981-97-1410-0_3
    as

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