Publication:
Waqf and Islamic banking and finance: the missing link
Abstract
Islam strongly endorses socio-economic and welfare-friendly practices, supporting and promoting philanthropic and charitable deeds. The concept of waqf in Shari'a is regarded as an empirical embodiment of this very preposition. Waqf derives its origin from approximately fourteen centuries back, and is known to have been first practised by the Prophet himself for public utility or social causes.
Keywords
Islamic finance , Waqf , Socio-economic , Welfare-friendly practices
Citation
A. Mohsin, M. I. (2015). Waqf and Islamic banking and finance: the missing link. Global Islamic Finance Report (GIFR) 2015, 113-121.
Publisher
Islamic Bankers Association