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612-822-4611
Endowments (Awqaf) in Islam

Endowments (Awqaf) in Islam

Paperback

Islam

ISBN10: 4976603547
ISBN13: 9784976603540
Publisher: Hussein Elasrag
Published: Mar 25 2018
Pages: 104
Weight: 0.33
Height: 0.22 Width: 6.00 Depth: 9.00
Language: English
Endowments or Awqaf (the plural of waqf) can be used not only to provide immediate necessities to the poor, but also to create or strengthen business support institutions that can lower the cost of doing business for the poor. Awqaf can also be used to support and build infrastructure institutions that can improve corporate governance and reduce the cost of doing business. For example, information bureaus, market regulatory bodies, the provision of accountancy services, and other such shared services for a group or for the entire society can be funded through waqf. The Book therefore sheds more light on the concept of Waqf, its meaning and historical development. The Book also focuses on some possible roles that Awaqf may play in the socio-economic development of the Muslim societies.

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Elasrag, Hussein

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Islam