SEUIR Repository

Share (corporate) waqf from an Islamic law perspective: a conceptual study

Show simple item record

dc.contributor.author Sharmina, A. M. F.
dc.contributor.author Aslam, A. J. M.
dc.contributor.author Suhaima, M. R. J.
dc.contributor.author Mohamed Nairoos, Mohamed Haniffa
dc.contributor.author Saujan, Iqbal
dc.date.accessioned 2022-12-15T10:23:07Z
dc.date.available 2022-12-15T10:23:07Z
dc.date.issued 2022-09-21
dc.identifier.citation Sri Lankan Journal of Arabic and Islamic Studies, 5(Special Issue I) 2022 pp. 10-19. en_US
dc.identifier.issn 2550-3014
dc.identifier.uri http://ir.lib.seu.ac.lk/handle/123456789/6384
dc.description.abstract Waqf (Endowment) is a key financial instrument in poverty alleviation and the enhancement of economic welfare in a society. Its way of application has been changed to accommodate the needs of the modern financial industry in this modern world. Contemporary Waqf Tools (CWT) were adopted and implemented by many countries across the world as means of modern financial change. In this backdrop, this study aims to assess the Islamic legal status of the corporate waqf which is one of the modern contemporary waqf instruments. Therefore, the study employed the interpretive qualitative analysis using past literature as well as primary sources of Islamic Law from an Islamic perspective. The study concluded with the argument that waqf (endowment) is one of the ways in terms of fulfilling the economic needs of human beings. Meanwhile, modern share waqf is a type of cash waqf which was accepted by Abu Hanifah and Imam Zufar and it is a way for capital accumulation. In this method, any individual can purchase shares using a little amount of money and convert them into share waqf permitted by the shari’ah. The findings also suggest that there is a need for consideration and the development of share Waqf in order to find a sustainable solution for the economic development in Sri Lanka. This work is significant in terms of examining the scopes and conditions of share waqf through the perspective of Islamic jurisprudence. Furthermore, the researchers hope that this work will serve as a starting point for future studies en_US
dc.language.iso other en_US
dc.publisher Faculty of Islamic Studies and Arabic Language, South Eastern University of Sri Lanka en_US
dc.subject Waqf en_US
dc.subject Corporate waqf en_US
dc.subject Cash waqf en_US
dc.subject Endowment en_US
dc.subject Contemporary waqf tools en_US
dc.title Share (corporate) waqf from an Islamic law perspective: a conceptual study en_US
dc.title.alternative இஸ்லாமிய சட்டவியல் நோக்கில் பங்கு (ஒருங்கிணைந்த) வக்ஃப்: ஓர் கோட்பாட்டாய்வு en_US
dc.type Article en_US


Files in this item

This item appears in the following Collection(s)

Show simple item record

Search SEUIR


Advanced Search

Browse

My Account