Types of Waqf compared to trusts : Waqf compared to trust

السؤال

Assalamu Alaykum I came across your website while doing research on how a Waqf concept can be applied in the US. I was found your site to be very informative and useful. Here in Minnesota, our donors want to protect our school through a Waqf , but want that to be a local arrangement and clearly do not want to deal with any national organization. I am trying to make sense of how to make these competing needs work. Can I ask for your advice ? What is the difference between a Waqf in the Islamic setting and a trust in the modern western setting ? Am I correct in thinking that in the old days, the Masjid or the school was not a Waqf ; rather agricultural land that produced revenue was placed in a Waqf to help support the Masjid or school ? If that is correct, why do people nowadays still want to put the Masjid or school in a Waqf ? As the foremost expert in this field, your advice would be appreciated. Sincerely, Asad

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2008-01-07

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الوقف
• الثقة

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-728359

• APA
• MLA
• AMA