Waqef

Waqef is a term that originates from Arabic and carries significant meaning within Islamic jurisprudence and social customs. Literally translating to "waqf" or endowment, it refers to the act of dedicating a property or asset for religious or charitable purposes. This dedication is considered irrevocable, meaning the asset can no longer be owned by an individual but is instead held in perpetuity for the benefit of a specific cause or the general public.

The concept of waqf is deeply rooted in the Quran and the Sunnah of Prophet Muhammad, emphasizing generosity and social responsibility. Historically, waqifs, the individuals who establish waqfs, have endowed a wide range of assets, including land, buildings, businesses, and even money. The income or usufruct generated from these endowments is then used to support various charitable activities such as mosques, schools, hospitals, orphanages, and the maintenance of religious sites.

Waqf plays a crucial role in the social welfare system of many Muslim-majority countries, providing essential services and support to communities. It is seen as a continuous act of worship and a way for individuals to leave a lasting legacy of good deeds. The administration and management of waqf properties are typically overseen by designated trustees or institutions to ensure that the original intentions of the waqif are upheld and that the benefits are distributed equitably.