Waqf (endowment) – Islamic Relief Worldwide
I found this article interesting I decided to share it with you. “Waqf (Arabic for endowment) is a special kind of philanthropic deed in perpetuity. It involves donating a fixed asset which can produce a financial return or provide a benefit. The revenue or benefit generated then serves specific categories of beneficiaries. Muslims giving waqf typically […]
Pillars of Waqf
A waqf is an Islamic endowment. The pillars of Waqf are: 1. Donors (Waqif) 2. Endowment (Mawquf) 3. Beneficiary ( Mawquf’ Alayh 4. Deed (Waqfiyah) 5. Trustee (Mutawallis) To learn more, visit www.almubarakwaqf.org Don’t forget to share with your friends and family.