Economics of waqf: its role in education
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Islam has encouraged the early Muslims to spend out of whatever they have for charity. When the verse 92 of Surah Ali Imran was revealed, there was not a single Muslim who did not part with whatever they have so as to belong to the category of "birr" or good. The fact that all wealth belongs to Allah means that whatever we give away in His cause is nothing compared to what He has given us. The most important implication is that waqf allows accumulation of capital infinitely as long as more and more capital are being made waqf.
Waqf , Education
Alhabshi, Syed Othman. (2013, January 16-17). Economics of waqf: its role in education. Paper presented at Workshop on Waqf: Contemporary Role of Waqf in Higher Education, at Albukhary International University, Alor Setar, Kedah, Malaysia.