Awaqf
Awaqf, also known as Waqf, is an Islamic endowment of property for religious or charitable purposes. The concept originates from the Arabic word "waqafa" meaning to halt, detain, or stop, signifying that the property is held in trust and its use is permanently dedicated to a specific benevolent purpose. When a waqf is established, the donor, known as the waqif, relinquishes ownership of the property. The income generated from the waqf property is then used for the designated beneficiaries, which can include individuals, institutions, or the wider community.
Common examples of waqf properties include mosques, schools, hospitals, orphanages, and public fountains. The beneficiaries of