Understanding cash waqf: it's role towards alleviating poverty in contemporary context

Cash Waqf is one of the potential and effective means in contemporary society in alleviating poverty. From the Islamic SharÊah perspective, the establishment of the institution of waqf is permissible and the endowed cash can be utilized for the investment and income-generation in various sectors...

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Main Authors:	Ali, Md. Yousuf, Khanom, Fahima
Format:	Conference or Workshop Item
Language:	English
Published:	Universiti Sains Islam Malaysia 2014
Subjects:	BP173.75 Islam and economics
Online Access:	http://irep.iium.edu.my/52047/ http://irep.iium.edu.my/52047/ http://irep.iium.edu.my/52047/1/52047_Understanding%20cash%20waqf.pdf

id	iium-52047
recordtype	eprints
spelling	iium-520472016-11-10T03:49:38Z http://irep.iium.edu.my/52047/ Understanding cash waqf: it's role towards alleviating poverty in contemporary context Ali, Md. Yousuf Khanom, Fahima BP173.75 Islam and economics Cash Waqf is one of the potential and effective means in contemporary society in alleviating poverty. From the Islamic SharÊah perspective, the establishment of the institution of waqf is permissible and the endowed cash can be utilized for the investment and income-generation in various sectors for socio-economic development. Instances can be found in the context of many Muslim individuals, non-government and government organizations who initiated to establish the institution of waqf for generating incomes, eradicating the poverty, creating new job market and helping poor and needy people. Given the context, there is a need to examine the legitimacy of cash waqf, its role and application. The paper will survey the meaning, necessity, and brief history of cash waqf and examine the roles of cash waqf in providing various services to the deferent sectors and finally, present the Islamic perspective on the issue. The paper also briefly reviews the responses of Muslim scholars with a textual analysis and inductive approach to analyze the prospects of formulating an Islamic stance on cash waqf in current context. It is also hoped that the ideas raised will ultimately contribute to understanding and clarifying the Islamic stance on the issue for both Muslim and non-Muslim communities in contemporary society. Universiti Sains Islam Malaysia 2014 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/52047/1/52047_Understanding%20cash%20waqf.pdf Ali, Md. Yousuf and Khanom, Fahima (2014) Understanding cash waqf: it's role towards alleviating poverty in contemporary context. In: Proceedings Muktamar Waqf Iqlimi 2014, 29th Apr. 2014, Nilai, Negeri Sembilan. http://submit.confbay.com/conf/iqlimi2014
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	BP173.75 Islam and economics
spellingShingle	BP173.75 Islam and economics Ali, Md. Yousuf Khanom, Fahima Understanding cash waqf: it's role towards alleviating poverty in contemporary context
description	Cash Waqf is one of the potential and effective means in contemporary society in alleviating poverty. From the Islamic SharÊah perspective, the establishment of the institution of waqf is permissible and the endowed cash can be utilized for the investment and income-generation in various sectors for socio-economic development. Instances can be found in the context of many Muslim individuals, non-government and government organizations who initiated to establish the institution of waqf for generating incomes, eradicating the poverty, creating new job market and helping poor and needy people. Given the context, there is a need to examine the legitimacy of cash waqf, its role and application. The paper will survey the meaning, necessity, and brief history of cash waqf and examine the roles of cash waqf in providing various services to the deferent sectors and finally, present the Islamic perspective on the issue. The paper also briefly reviews the responses of Muslim scholars with a textual analysis and inductive approach to analyze the prospects of formulating an Islamic stance on cash waqf in current context. It is also hoped that the ideas raised will ultimately contribute to understanding and clarifying the Islamic stance on the issue for both Muslim and non-Muslim communities in contemporary society.
format	Conference or Workshop Item
author	Ali, Md. Yousuf Khanom, Fahima
author_facet	Ali, Md. Yousuf Khanom, Fahima
author_sort	Ali, Md. Yousuf
title	Understanding cash waqf: it's role towards alleviating poverty in contemporary context
title_short	Understanding cash waqf: it's role towards alleviating poverty in contemporary context
title_full	Understanding cash waqf: it's role towards alleviating poverty in contemporary context
title_fullStr	Understanding cash waqf: it's role towards alleviating poverty in contemporary context
title_full_unstemmed	Understanding cash waqf: it's role towards alleviating poverty in contemporary context
title_sort	understanding cash waqf: it's role towards alleviating poverty in contemporary context
publisher	Universiti Sains Islam Malaysia
publishDate	2014
url	http://irep.iium.edu.my/52047/ http://irep.iium.edu.my/52047/ http://irep.iium.edu.my/52047/1/52047_Understanding%20cash%20waqf.pdf
first_indexed	2023-09-18T21:13:48Z
last_indexed	2023-09-18T21:13:48Z
_version_	1777411427600957440

Understanding cash waqf: it's role towards alleviating poverty in contemporary context

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