Islamic endowments: The need for a new charter

Research output: Contribution to journalArticle

Abstract

Based on the significant role that Waqf plays in the public life of Muslim societies, this contribution suggests the establishment of new charter in Islamic endowments (Awqaf) to enhance that role. This new building block aims to revive and preserve the effective role of the Awqaf. The paper argues that the need for such a charter that exceeds the enforcement of law and its obligation so that the perpetrators of the law cannot evade and circumvent it. Just as constitutions protect individual liberty and private property, we need a charter with constitutional power that protects Awqaf and adheres to the conditions of the waqf (the donor).

Original languageEnglish
Pages (from-to)59-66
Number of pages8
JournalJournal of King Abdulaziz University, Islamic Economics
Volume31
Issue number3
DOIs
Publication statusPublished - 1 Jan 2018

Fingerprint

Endowments
Charter
Liberty
Enforcement
Muslims
Private property
Constitution
Obligation

Keywords

  • Awqaf
  • Governance
  • Innovation in Awqaf
  • New charter
  • Temporary waqf
  • Trust

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

Islamic endowments : The need for a new charter. / Kahf, Monzer.

In: Journal of King Abdulaziz University, Islamic Economics, Vol. 31, No. 3, 01.01.2018, p. 59-66.

Research output: Contribution to journalArticle

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