This book provides an authoritative and comprehensive overview of Waqf
(endowment), addressing specific issues, models, solutions, structures
and practices. As Islamic finance has gained in significance, so too has
the institution of Waqf, working towards creating an enterprising and an
entrepreneurial community across the globe, in order to meet the
underlying objectives of the sustainable development goals (SDGs) by
targeting the low-income group in particular.
The book analyses the historical context of Waqf as well as its revival
in the digital era. It addresses the laws and policies affecting the
management of Waqf, such as Maqasid al-Shari'ah, law and policies, law
and fiscal reform, regulations applied within Muslim countries, judicial
procedures and dispute resolutions and covers the core issues concerning
the formalities of Waqf, its management and corporate governance
questions. The book includes a series of specialised chapters focusing
on the products and services of Waqf, covering product innovation,
product development, and then assesses the risk factors in Waqf and Waqf
Takaful. Finally, it focuses on the challenges of Waqf and offers
recommendations for the way forward.
A timely and practical guide, comprising a literature review and future
research directions, as well as a number of international case studies,
this will be a key reference for academics, students, researchers,
practitioners and policy makers.
