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The Significance Of Waqf For Economic Development
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Book Synopsis Revitalization of Waqf for Socio-Economic Development, Volume I by : Khalifa Mohamed Ali
Download or read book Revitalization of Waqf for Socio-Economic Development, Volume I written by Khalifa Mohamed Ali and published by Palgrave Macmillan. This book was released on 2020-08-14 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the various aspects of Waqf management in IsDB member countries/jurisdictions as well as in non-Muslim majority countries. Topics covered include Waqf regulation, its modernization and relationship to Maqasid Al-Shari’ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf-related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects; the confluence of Waqf, zakah, charity, and Islamic microfinance impacting socio-economic development and so on. Comprising different issues and perspectives adopted by various authors/researchers, the book is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance to provide general and Shari’ah guidelines on the emerging issues within the subject.
Book Synopsis The Significance of WAQF for Economic Development by : Mochammad Arif Budiman
Download or read book The Significance of WAQF for Economic Development written by Mochammad Arif Budiman and published by . This book was released on 2017 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is an opinion among Western scholars that the institution of waqf could not any longer perform its economic role in the present times. Instead of being a vital institution as it truly played at the pre-modern era, waqf nowadays seems to be an impediment to the development in Muslim countries. This paper therefore is meant to refute such an opinion and attempts to point out the economic impacts of waqf for Muslim society in the context of the present economy. In the last part, the paper also brings about several necessary prerequisites for the revitalization of waqf in the current days.
Book Synopsis Waqf Development and Innovation by : Syed Nazim Ali
Download or read book Waqf Development and Innovation written by Syed Nazim Ali and published by Routledge. This book was released on 2021-11-29 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Waqf is one of the most potent socio-economic tools for reducing public sector deficit and breaking the chain of intergenerational poverty. Providing a high-level discussion on waqf development and innovation within the context of modern socio-economic and legal developments, this book examines the importance and potentials of waqf and the issues relating to its legal and regulatory framework. The research delivers future directions for countries that plan to explore this socio-economic institution. Readers and policymakers will be able to replicate successful experiments and learn from some failed initiatives to seek alternative funding platforms to support the fiscal policies of developing countries. The volume discusses the relevance and novel application of waqf in the modern economic system and social development, it reviews applicable laws and regulations pertaining to waqf and trust laws and examines critical, cross-country case studies and experiences. Setting an agenda for further researchers in the field of waqf, this comprehensive high-level analysis, with case studies from leading jurisdictions across the world, is a key resource for researchers, policymakers and institutions interested in charitable endowments, Islamic finance, and social finance.
Book Synopsis Revitalization of Waqf for Socio-Economic Development, Volume II by : Khalifa Mohamed Ali
Download or read book Revitalization of Waqf for Socio-Economic Development, Volume II written by Khalifa Mohamed Ali and published by Springer. This book was released on 2019-07-15 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of Waqf management and its impact on socio-economic development, specifically financial inclusion and sustainable development as well as of the legal issues in Waqf management in IsDB member countries and jurisdictions. It explores various aspects of Waqf management in IsDB member countries/jurisdictions as well as in non-Muslim majority countries such as Waqf regulation, its modernization, and relationship to Maqasid Al-Shari’ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects, among others. Comprising different issues and perspectives adopted by various researchers, the work is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance.
Book Synopsis Waqf Development and Innovation by : Syed Nazim Ali
Download or read book Waqf Development and Innovation written by Syed Nazim Ali and published by Routledge. This book was released on 2021-11-29 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Waqf is one of the most potent socio-economic tools for reducing public sector deficit and breaking the chain of intergenerational poverty. Providing a high-level discussion on waqf development and innovation within the context of modern socio-economic and legal developments, this book examines the importance and potentials of waqf and the issues relating to its legal and regulatory framework. The research delivers future directions for countries that plan to explore this socio-economic institution. Readers and policymakers will be able to replicate successful experiments and learn from some failed initiatives to seek alternative funding platforms to support the fiscal policies of developing countries. The volume discusses the relevance and novel application of waqf in the modern economic system and social development, it reviews applicable laws and regulations pertaining to waqf and trust laws and examines critical, cross-country case studies and experiences. Setting an agenda for further researchers in the field of waqf, this comprehensive high-level analysis, with case studies from leading jurisdictions across the world, is a key resource for researchers, policymakers and institutions interested in charitable endowments, Islamic finance, and social finance.
Book Synopsis Revitalization of Waqf for Socio-Economic Development, Volume I by : Khalifa Mohamed Ali
Download or read book Revitalization of Waqf for Socio-Economic Development, Volume I written by Khalifa Mohamed Ali and published by Springer. This book was released on 2019-07-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the various aspects of Waqf management in IsDB member countries/jurisdictions as well as in non-Muslim majority countries. Topics covered include Waqf regulation, its modernization and relationship to Maqasid Al-Shari’ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf-related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects; the confluence of Waqf, zakah, charity, and Islamic microfinance impacting socio-economic development and so on. Comprising different issues and perspectives adopted by various authors/researchers, the book is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance to provide general and Shari’ah guidelines on the emerging issues within the subject.
Book Synopsis Maximizing Social Impact Through Waqf Solutions by : Hussein Elasrag
Download or read book Maximizing Social Impact Through Waqf Solutions written by Hussein Elasrag and published by Hussein Elasrag. This book was released on 2022-03-06 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.This book focuses on the application of these concepts and some possible roles that waqf may play in the socio-economic development of the Muslim societies
Book Synopsis Activating Social Impact Through Waqf Solutions by : Hussein Elasrag
Download or read book Activating Social Impact Through Waqf Solutions written by Hussein Elasrag and published by Independently Published. This book was released on 2018-09-18 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic social finance tools have been instrumental in the alleviation of poverty and socio-economic development for centuries. It was time that formal Islamic finance goes back to its core ideals, extending its impact over the entire landscape of economic development. The recent global drive towards a more equitable existence is acting as catalyst for the resurgence of formal Islamic social finance such as waqf. It is hoped that this could significantly contributes towards unified approach to global equality and achieve a better world. Although a significant number of waqf institutions exist globally, the success of these institutions relies on efficient governance, regulation, supervision mechanisms and effective management. Since most countries and regions do not have enabling waqf regulations or monitoring processes, the value and output of Awqaf assets are mostly on the decline. The potential, however, is enormous. Thus, this book focuses on the application of these concepts and some possible roles that waqf may play in the socio-economic development of the Muslim societies.
Book Synopsis A New Role for the Institution of Waqf by : Hussein Elasrag
Download or read book A New Role for the Institution of Waqf written by Hussein Elasrag and published by Hussein Elasrag. This book was released on 2022-02-24 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Awqaf 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. Awqaf can also be used to support and build infrastructure institutions that can improve corporate governance and reduce the cost of doing business. For example, information bureaus, market regulatory bodies, the provision of accountancy services, and other such shared services for a group or for the entire society can be funded through waqf. Thus, this paper focuses on the application of these concepts and some possible roles that waqf may play in the socio-economic development of the Muslim societies.
Book Synopsis Challenges and Impacts of Religious Endowments on Global Economics and Finance by : Saiti, Buerhan
Download or read book Challenges and Impacts of Religious Endowments on Global Economics and Finance written by Saiti, Buerhan and published by IGI Global. This book was released on 2019-12-27 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty is one of the top problems the Muslim community faces today. A scholastic approach towards a solution based on the values and cultural contexts of the Muslim community holds great importance and significance to the Islamic civilizations and modern economic and cultural applications in the world. Challenges and Impacts of Religious Endowments on Global Economics and Finance is a pivotal reference source that examines the role of waqf and similar endowments in Islamic financial systems and how these religious endowments impact global economics and finance. While highlighting topics such as Islamic finance, risk management, and economic development, this publication explores adopting Islamic approaches to contemporary socio-economic issues and the methods of content analysis and meta-analysis methods. This book is ideally designed for professionals, economist regulators, financial analysts, academics, researchers, and postgraduate students seeking current research on modernized Islamic economic models in order to tackle the problem of fiscal deficiency.
Book Synopsis Sustainable Development and Infrastructure by : Amadou Thierno Diallo
Download or read book Sustainable Development and Infrastructure written by Amadou Thierno Diallo and published by Springer Nature. This book was released on 2021-02-08 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most books on Islamic finance and development issues are written from an academic perspective. Although academic reflection is key for future direction, dissatisfaction with previous development efforts, as evidenced by their lack of sustainability, suggests the need for a different type of review. Development work is complex and requires a detailed and transparent approach in order to ensure a cogent resolution for potential long-term issues. Each intervention area requires specific elaboration for meaningful impact. The perfect solution for one sector might be detrimental for another. Islamic finance, with its strict Riba restrictions, rules, and other checks and balances, is a good fit for infrastructure development in pursuit of sustainable development. When it comes to sustainable development, this book argues, Islamic finance has the tools to intervene for maximum impact. However, the issue of sustainability is not only related to Islamic finance; more policy discourse is needed. This requires guidance from the principles of Islamic economics, as well. This book discusses infrastructure development vis-à-vis sustainable development, drawn from decades of real-life development banking experience, and proposes impactful intervention methods based on wisdom from Islamic economics and finance.
Book Synopsis Islamic Wealth and the SDGs by : Mohd Ma'Sum Billah
Download or read book Islamic Wealth and the SDGs written by Mohd Ma'Sum Billah and published by Springer Nature. This book was released on 2021-04-21 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SDGs, developed by the UN in 2012, focuses on 17 goals for the betterment of humanity and humanitarian causes. Among the core objectives of Shari'ah in Islamic finance is to offer a helping hand, emphasizing the efforts and scope of the SDGs. This book explores how Islamic ethical wealth is structured to contribute to the SDGs and an overall socio-economic impact within the principles of Maqasid al-Shari’ah. Focusing areas such as Islamic micro-finance, wealth inclusion, corporate and agro-Zakat, Awqaf, SRI Sukuk, and green Sukuk, this book will feature contributions from the leading researchers in sustainability and Islamic finance and will be of interest to scholars, researchers, industrialists, NGOs, UNDP and students studying both areas.
Book Synopsis Cash Waqf by : Magda Ismail Abdel Mohsin
Download or read book Cash Waqf written by Magda Ismail Abdel Mohsin and published by . This book was released on 2009 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Endowments (Awqaf) in Islam by : Hussein Elasrag
Download or read book Endowments (Awqaf) in Islam written by Hussein Elasrag and published by Hussein Elasrag. This book was released on 2018-05-19 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Endowments or Awqaf (the plural of 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. Awqaf can also be used to support and build infrastructure institutions that can improve corporate governance and reduce the cost of doing business. For example, information bureaus, market regulatory bodies, the provision of accountancy services, and other such shared services for a group or for the entire society can be funded through waqf. The Book therefore sheds more light on the concept of Waqf, its meaning and historical development. The Book also focuses on some possible roles that Awaqf may play in the socio-economic development of the Muslim societies.
Book Synopsis A History of Philanthropic Foundations by : Murat Çizakça
Download or read book A History of Philanthropic Foundations written by Murat Çizakça and published by . This book was released on 2000 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Potent Potential of Awqāf in Social and Economic Development by : Manzoor Alam
Download or read book Potent Potential of Awqāf in Social and Economic Development written by Manzoor Alam and published by . This book was released on 2019 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Muslim societies and communities in all Islamic countries and most of the other regions of the world are having awqaf properties inherited from their ancestors. However, presently the waqf properties are passing through a trend characterized by usurpation, neglect and unproductive use. Prof Khalid Rashid in his lead paper has rightly emphasized need to protect and develop the existing awqaf and to consider certain measures which may enhance the income generation capability and admini-strative well-being of awqaf. Thus, a reform of the waqf system in the contemporary Islamic world is absolutely necessary. In a post-economic and financial liberalization environment at the global level, it is important to utilize awqaf for poverty reduction, capacity building and economic empowerment of Muslim communities. The waqf fund can be channeled through educational, social and cultural development. In this context, this paper discusses that in modern times, the economic dimensions of waqf institution need attention of scholars and economists to explore its potential role in economic life of Muslims. In a country like India waqf institutions have been playing a very significant role and have still great potentiality to do so in the religious, social and economic life of Muslims. However, they need to be cleansed of corruption and mismanagement. The control by government organization and the state interference sometimes pose another problem in the way of proper utilization of the awqaf properties in an effective way.
Book Synopsis Waqf in Central Asia by : R. D. McChesney
Download or read book Waqf in Central Asia written by R. D. McChesney and published by Princeton University Press. This book was released on 2014-07-14 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Waqfs, or religious endowments, have long been at the very center of daily Islamic life, establishing religious, cultural, and welfare institutions and serving as a legal means to keep family property intact through several generations. In this book R. D. McChesney focuses on the major Muslim shrine at Balkh--once a flourishing city on an ancient trade route in what is now northern Afghanistan--and provides a detailed study of the political, economic, and social conditions that influenced, and were influenced by, the development of a single religious endowment. From its founding in 1480 until 1889, when the Afghan government took control of it, the waqf at Balkh was a formidable economic force in a financially dynamic region, particularly during those times when the endowment's sacred character and the tax privileges it acquired gave its managers considerable financial security. This study sheds new light on the legal institution of waqf within Muslim society and on how political conditions affected the development of socio-religious institutions throughout Central Asia over a period of four hundred years. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
