Abstract:
Waqf (Endowment) is the permanent dedication extended by a Muslim to any movable or
immovable property for a purpose recognized by the Shari’ah as pious, religious, or charitable.
This is one of the Islamic institutions that have existed since the time of the Prophet (PBUH). The
Sri Lankan management operations of Waqf were exercised institutionally as early as 1956. Due
to the improper management of waqf assets, society has faced several problems such as poverty,
unemployment, recession in education. Therefore, this study aims to identify the legal and
practical challenges faced by Waqf institutions in terms of proper implementation of the Muslim
Mosques and Charitable Act- 1956 (Wakfs Act of Sri Lanka). The method of the qualitative study
was used. The findings demonstrate that there is no authority to the waqf Tribunal to amend a
verdict, the Waqf Tribunal depends on the District Courts in implementing the judgments and
there are deficiencies in the selection of trustees or mutawallis. This study concludes with the
argument that the institutional process of the Sri Lankan Waqf act has legal and practical
shortcomings. If these shortcomings are minimized there is no doubt that this Islamic waqf
system will help to develop Sri Lanka economically.
