The difference between a Waqf and a trust

Fatawa Question

What is the difference between a Waqf and a trust, is it Islamic for a Muslim to transfer his property to a trust for the benefit of his daughter but putting a condition that if she marries a non-Muslim, she will no longer remain a beneficiary and the trust shall terminate and the property shall go to the closest Muslim relative of the person creating the trust. Can a Muslim make a trust during his lifetime over some of his property like non-Muslims for the benefit of an art Museum.

Fatwa

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Publication Date

2001-03-26

Main Subjects

Economy and Commerce
Religion
Islamic Studies

Topics

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-723774

American Psychological Association (APA)

Qahf, Mundhir. 2001-03-26. The difference between a Waqf and a trust. .
https://search.emarefa.net/detail/BIM-723774

Modern Language Association (MLA)

Qahf, Mundhir. The difference between a Waqf and a trust. 2001-03-26.
https://search.emarefa.net/detail/BIM-723774

American Medical Association (AMA)

Qahf, Mundhir. 2001-03-26. The difference between a Waqf and a trust.
https://search.emarefa.net/detail/BIM-723774