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Islamic Endowment (Waqf)
The Prophet (God bless him and give him peace) said: “When a human being dies, his work comes to an end, except for three things: ongoing charity,...
 
Endowment Of Usufruct Must Accompany Ownership Transfer
Usufruct alone is not endowable. While it is permissible to specify the manner in which the endowment is to be used (e.g. “the usufruct of this...
 
Endowment Of Consumable Item
Property whose consumption materially diminishes the property itself is not valid to endow (e.g. a fruit tree is endowable, while its fruit alone...
 
Proceeds Of Endowment
After the endowment’s establishment, the property itself is “owned” in a worldly sense by God, but the proceeds from the property are owned by the...
 
Returning Endowment Found To Be Stolen
Third parties (i.e. non-thief and non-owner) who acquire stolen property through an endowment are obligated to return the item to the original...
 
Assigning Portion Of Endowment Income To Non-Beneficiary
It is permissible for the one endowing to allocate a portion of the endowment’s income to specified parties other than those already intended as...
 
On Using Endowments For Personal Gains
Endowments may not be used for personal gain unrelated to the endowment’s purpose or unspecified in the endowment’s guidelines.
 
Classification Of Endowments
Endowments are classified according to the circumstances in which they are given:

1) Without a will, during the giver’s lifetime, they...
 
Ushr On Endowment
Ushr is payable on an endowment.
 
Buying And Selling Items Within Endowment
It is permissible for the endowment manager to buy, sell or replace peripheral items contained within the property in a manner that benefits the...
 


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