A diagram to show how waqf and awaqf works in economic and social development:
In Arabic, waqf means “locked dedication” and refers to a permanent gift made to fulfil charitable objectives. The gifted asset cannot be disposed of (hence locked) but its yield and proceeds are used for charitable purposes and according to the wishes of the person, the waqif making the waqf. See a concept diagram.
Registered UK Charity No: 1103290
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