Presentation slides - prepared by Thamina Anwar For Free Waqf Certificate Course. Please go to: http://waqfacademy.org/courses/introduction-to-waqf/

1. Module 5 - Waqf: Its
Development, Dimensions and
Future Prospects
WAQF STUDIES INTRODUCTORY COURSE

2. Course Content
© – AWQAF SA WAQF STUDIES INTRODUCTORY COURSE Slide 2
•Waqf and human development;
•Waqf and economic growth;
•Reviving the role of Waqf;
•The Duties of Islamic scholars and Advocates;
•Recommendations for governments and
communities in terms of reviving Waqf.

3. Learning Outcomes
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1. Understand how Waqf can help with the human
development;
2. Understand the economic development in terms of Waqf;
3. Understand the duties of Islamic scholars and advocates
towards reviving the role of Waqf;
4. Understand the Recommendations for governments and
communities in terms of reviving Waqf.

4. Waqf and human development
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• Islam teaches that the development of the human being is
multi dimensional namely: spiritual, psychological, intellectual
and physical.
• Waqf orients development of all the above dimensions,
simultaneously.
• A large part of Waqf is devoted to moral and educational
benefits, for the growth of mankind, purification of soul, and
improvement intellectual and behavioural standards.

5. Waqf and human development
– Continued …
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In a study about Waqf in some Islamic countries, the waqf
funds are allocated to charitable activities as follows:

6. Waqf and economic growth
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• The profit or surplus from waqf investments can all be geared
to socio-economic development, while the waqf assets
remain intact.
• Waqf investment strategy need to take into account that the
investment itself need to make social impact on the ummah
(communities) and not just hoard money in investments that
make the rich people richer.
• Waqf surpluses need to be spent on socio-economic areas
that create a social impact on the ummah (community) and
empower communities by being self reliant and break out of
the mentality of dependency.

7. Waqf and economic growth –
Continued …
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• Historically, waqf played a leading roles in economic growth.
• For instance, the bequests of agricultural lands devoted to
orphans provided a platform for them to plough and benefit
from the crops, in such a way that each orphan is given a
specific share from the land.
• The above scheme was used in Fes in Morocco for the poor
and the homeless. There were those who would provide
amounts of cereal or seeds to give to farmers who could not
find any seeds in the period of sowing. Then they would
return the grains after the harvest for other people to benefit
from, and so forth. This provided a mechanism of
re-cycling the benefit of the seeds among
larger groups of people.

8. Waqf and economic growth –
Continued …
© – AWQAF SA WAQF STUDIES INTRODUCTORY COURSE Slide 8
• Cash waqf is another form of bequeathing. This form of waqf
was introduced during the Ottoman Era. However, it must be
noted that cash cannot be increased in value unless it is
invested. Shari’ah does not allow increase through riba
(interest).
• Another innovative method of utilising cash is through Islamic
social entrepreneurship which creates both social impact and
profit.
• Waqf provides a platform to engage the ummah (communities)
and provides employment.
• Waqf has the potential to lessen the burden of Governmental
social welfare as the private institution of waqf can target
their profits towards creating social impact.

9. Reviving the role of Waqf
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• Waqf can be considered an important religious and
civilizational asset due to its principles, regulations, historical
role as well as its participation in the building of Islamic
society, its growth, strength and civilization.
• Waqf can play an important role in the improvement of Muslim
communities as well as the poor and needy. It can effectively
contribute towards the socio-economic development and
economies as a whole.
• However, waqf needs to improve its management, governance
and investment strategies in order for Waqf to regain its
position and resume its mission in a better and
more efficient way than the present.

10. Reviving the role of Waqf –
Continued …
© – AWQAF SA WAQF STUDIES INTRODUCTORY COURSE Slide 10
The Duties of Islamic scholars and Advocates
•Islamic scholars and advocates need to propagate knowledge
and mobilise waqf in order to revive waqf. They need to teach
and propagate the role of waqf in socio-economic development
and the role waqf has already played historically.
•Islamic scholars need to teach about waqf as a tool for Islamic
economic system and undertake more scientific studies and
research on the topic of waqf.
•Currently, Kuwait Awqaf Public Foundation, Islamic Development
Bank, the National Awqaf Foundation of South Africa have
started providing knowledge through
seminars, research and publications, both
locally and internationally.

11. Recommendations for governments and
communities in terms of reviving Waqf
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• Governments in the Islamic world and Communities outside
the Islamic World should take the issue of Waqf endowment
seriously and take Waqf as a trust obligatorily requiring care,
extension and development. It should be considered one of the
authentic pillars of the development of society.
Some of the measures that governments should take in this
regard are as follows:
• Contributing and leading the aforementioned duty of Islamic
scholars, ulama, and advocates, by organizing awareness and
mobilization campaigns and serving the scientific dimension of
Waqf.

12. Recommendations for governments and
communities in terms of reviving Waqf –
Continued …
© – AWQAF SA WAQF STUDIES INTRODUCTORY COURSE Slide 12
• Adopting complete transparency and the necessary rigor in
managing Waqf funds and property, and involving honest
scholars and train people to participate in the management
and control of such property. It should be noted that
mismanagement, waste, misappropriation, or illegal transfer of
bequest property, and any related dubious behaviour can lead
people to stop endowing and refuse to bequeath their property
for fear that their donations may be subject to such practice.
• Using control, accounting and inspection means in order to list
all bequest property and all activities related to them, through
expert accountants specialized in this field, with the
publication of the relevant detailed reports.

13. Recommendations for governments and
communities in terms of reviving Waqf –
Continued …
© – AWQAF SA WAQF STUDIES INTRODUCTORY COURSE Slide 13
• Simplify the laws, regulations and administrative procedures of Waqf.
While this is normally a request by investors - seeking profits for
themselves in the first place, those who donate and give up their own
properties for the sake of humanity should receive all kinds of help and
alleviation, and even all kinds of welcome, encouragement and
honouring, without any delay or complications.
• A major deterrent in most Muslim countries is state control of Awqaf.
This should go back to the traditional way in which Muslims organised
the Waqf system: as a decentralised, civil society institution with the
state providing the regulatory framework and supervision over trustees
or mutawalllees. These are elements that encourage Waqf donors
bequest and increase their number; for it allows them to choose the
way and the management for their Waqf, which satisfies them and
gives them tranquillity.

14. End of Module 5
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If you have
any questions
on this
module,
please contact
your lecturer.