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Waqf-shares: a fundraising scheme for community development projects and humanitarian

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dc.contributor.authorMagda Ismail Abdel Mohsin
dc.date.accessioned2018-02-24T08:38:43Z
dc.date.available2018-02-24T08:38:43Z
dc.date.issued2018
dc.description.abstractThe waqf-share scheme is a 21st century Islamic social finance tool that has been used successfully in Muslim and Muslim-minority countries (Cizakca, 2000). It is a fundraising scheme organized by a charitable institution that issues "waqf-shares" for sale to different contributors for various projects. Since a waqf-share is a movable waqf, it has to follow the strict conditions of waqf in terms of its irrevocability, its inalienability, and its perpetuity. This means that contributors cannot sell or transfer their waqf shares; they can only receive and hold a waqf-share certificate as evidence of theircontributions to the project if the created waqf is public waqf.
dc.identifier.citationIsmail Abdel Mohsin, Magda. (2018). Waqf-shares: a fundraising scheme for community development projects and humanitarian. Islamic Commercial Law Report 2018, pp 82-87.
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/2812
dc.languageEnglish
dc.language.isoen
dc.publisherISRA
dc.rights2018. ISRA
dc.sourceSEDONA
dc.subjectWaqf
dc.titleWaqf-shares: a fundraising scheme for community development projects and humanitarian
dc.typeIndustry Article
dlc.maintopicIslamic wealth management
dlc.subtopicWaqf
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicIslamic wealth management
ikr.topic.subtopicWaqf
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relation.isAuthorOfPublication.latestForDiscovery5feba01d-72e9-4aba-a60c-8dc324109969
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