Waqf governance in the Republic of Guinea : legal framework, issues, challenges and way forward

Joint Authors

Sano, Muhammad al-Amin
Qasim, Salina Haji

Source

ISRA International Journal of Islamic Finance

Issue

Vol. 13, Issue 2 (31 Aug. 2021), pp.194-210, 17 p.

Publisher

International Shari'ah Research Academy for Islamic Finance

Publication Date

2021-08-31

Country of Publication

Malaysia

No. of Pages

17

Main Subjects

Islamic Economics and Finance

Abstract EN

Purpose – The purpose of this paper is to seek to establish an effective governance framework for waqf (Islamic endowment) in the Republic of Guinea that would assist in enhancing socio-economic activities and eradicating poverty in the country.

Design/methodology/approach – It examines key governing features within the said country’s waqf legal framework and undertakes a comparison with other countries’ legal frameworks.

This paper also examines waqf-related legal references of Guinea and other countries and analyses relevant online sources such as journal articles, research papers, webpages as well as informal discussions with persons informed on the subject matter within and outside the Republic of Guinea.

Findings – This paper identifies a number of prevailing issues affecting the development of the institution of waqf in the Republic of Guinea and, thereafter, proposes key reformatory measures.

These include the passing of general codified legislation that comprehensively governs waqf affairs in the country and the setting up of a dedicated supervisory entity and competent managerial bodies to ensure the smooth and effective operation of the institution in the country.

Originality/value – This research proposes an innovative and befitting governance framework for waqf operations in the Republic of Guinea.

These recommendations, if correctly adopted, would ensure the viability and efficacy of the institution of waqf in the Republic of Guinea and would lead to socio-economic development, as has been the case in other nations.

Moreover, other countries with underdeveloped waqf overnance systems could also model their waqf operations based on these recommendations, as they are most likely already encountering or going to encounter identical issues in this particular field.

American Psychological Association (APA)

Sano, Muhammad al-Amin& Qasim, Salina Haji. 2021. Waqf governance in the Republic of Guinea : legal framework, issues, challenges and way forward. ISRA International Journal of Islamic Finance،Vol. 13, no. 2, pp.194-210.
https://search.emarefa.net/detail/BIM-1429350

Modern Language Association (MLA)

Sano, Muhammad al-Amin& Qasim, Salina Haji. Waqf governance in the Republic of Guinea : legal framework, issues, challenges and way forward. ISRA International Journal of Islamic Finance Vol. 13, no. 2 (2021), pp.194-210.
https://search.emarefa.net/detail/BIM-1429350

American Medical Association (AMA)

Sano, Muhammad al-Amin& Qasim, Salina Haji. Waqf governance in the Republic of Guinea : legal framework, issues, challenges and way forward. ISRA International Journal of Islamic Finance. 2021. Vol. 13, no. 2, pp.194-210.
https://search.emarefa.net/detail/BIM-1429350

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 208-210

Record ID

BIM-1429350