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...
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...
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...
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.
Endowments may not be used for personal gain unrelated to the endowment's purpose or unspecified in the endowment's guidelines.
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,...
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,...
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...
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...
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...
1) Without a will, during the giver's lifetime, they...
Endowments are classified according to the circumstances in which they are given:
1) Without a will, during the giver's lifetime, they...
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...
It is permissible for the endowment manager to buy, sell or replace peripheral items contained within the property in a manner that benefits the...
Disclaimer: Although care has been taken in preparing the information contained in this Q&A database, Ethica Institute of Islamic Finance cannot guarantee the accuracy thereof. Anyone using the information does so at their own risk and shall be deemed to indemnify Ethica Institute of Islamic Finance from any and all injury or damage arising from such use. One should double check with a qualified scholar to see whether the Q&A applies to one's particular situation.
ASK AN ISLAMIC FINANCE QUESTION
Each question is reviewed by an Islamic finance expert and approved by a scholar.
