Understanding Waqf Istithmar: Investment Waqf for Mutual Benefit #

Waqf isthithmar is waqf on investment. As waqf is an ijtihadi law, this is a contemporary waqf where one create a waqf both for the benefit of the giver and the project itself.

A waqf condition is that once you waqf you should not get back what you have waqf ie the capital , however you can still be given a return on the capital as a beneficiary of the waqf

Waqf isthithmar is waqf on investment. As waqf is an ijtihadi law , this is a contemporary waqf where one create a waqf both for the benefit of the giver and the project itself. A waqf condition is that once you waqf you should not get back what you have waqf ie the capital , however you can still be given a return on the capital as a beneficiary of the waqf.

Answer provided by Dr Shamsiah after the Raya Networking Webinar 2020.