The Economic Benefits of Endowment (Waqf)

Bounoua Abdelkader

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Published: Feb 11, 2025

Keywords:

Endowment, economic development, endowment investment.

Bounoua Abdelkader

Abstract

The endowment (Wakf) is one of the key factors to achieve economic development and higher level of incomes for the benefits of the society, if it is invested appropriately. Muslims were the pioneers to promote this important field, during successive eras of their history. The Islamic civilization integrated the endowment (Wakf) as part of economic system to meet the needs of the Islamic community. The present research explores the benefits of investing and managing the endowment to reach the economic development.

Issue

Vol. 62 No. 2 (2025): Vol 62 No 2 (2025)

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Articles

This work is licensed under a Creative Commons Attribution 4.0 International License.

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