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 donate a building, land or cash with no intention of reclaiming the value gained from them.”
To learn more visit the link below:
https://islamic-relief.org/waqf-endowment/#:~:text=Waqf%20(Arabic%20for,gained%20from%20them.
Don’t forget to visit almubarakwaqf.org/blog to learn about us.