A New Role for the Institution of Waqf

Waqf, as an important Islamic institution that underlies economic development, has been effectively utilized since the early Madinah period to inspire economic growth and expansion. The benefits it provided encompassed economic, commerce, education, health, social and spiritual dimensions.
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. waqf can also ...