Integrating Waqf and Financial Sector by Habib Ahmed
Integrating Waqf and Financial Sector by Habib Ahmed
Integrating Waqf and Financial Sector by Habib Ahmed
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Contemporary Fiqh of <strong>Waqf</strong><br />
Zarqa—other than the concept of birr, everything<br />
in waqf is under the realm of ijtihad<br />
Some flexibility in fiqh related to waqf<br />
<strong>Waqf</strong> of movable properties (books, cash, etc. )<br />
<br />
In certain cases waqf can be exchanged/ substituted<br />
(istibdal)<br />
IFA Resolution (April 2009)<br />
• Types of assets that be made waqf—moveable item,<br />
benefit, money, sukuk, shares, services.<br />
• <strong>Waqf</strong> can be permanent <strong>and</strong> temporary<br />
• <strong>Waqf</strong> can be limited to time specified <strong>by</strong> founder<br />
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