An Introduction to Waqf

Understand how Waqf can contribute to the growth of Islamic finance

Historically, Waqf has been instrumental in providing education, healthcare, and public utilities. It has also been identified as a key driver for the future growth of Islamic finance.

On this three-week course, you’ll gain a solid understanding of Waqf and its potential to contribute to Islamic finance.

By the end, you’ll know how Waqf is similar to an endowment, its significance in Islamic society, and what the future of Waqf may look like.

Learn the concept and conditions of creating Waqf

You’ll delve into the concept, conditions, and classifications of Waqf to help you understand what classifies as a Waqf asset.

Next, you’ll learn the ten stipulations for the creation of Waqf to understand its key restrictions.

Discover the differences between Sadaqah and Sadaqah Jariyah

Delving into the history of Waqf, you’ll explore its creation during the time of the Prophet as well as the historical development of the Institution of Waqf.

With this strong foundation of knowledge, you’ll then explore the differences between Sadaqah and Sadaqah Jariyah to gain a deeper understanding of Waqf.

Learn from the experts at INCEIF University

Using your knowledge of the history of Waqf, you’ll discover why it has been declining within the past century before exploring the recent call for its revival.

Guided by Dr. Magda Ismail Abdel Mohsin from INCEIF, a world-renowned Islamic finance higher institute, you’ll finish the course with a firm understanding of Waqf and its importance in the future of Islamic Finance.

This course is designed for anyone interested in gaining a basic understanding of Waqf and its principles and practices.

It is particularly designed for those who are new to the concept of Waqf and want to know more about Islamic Social Finance.

• Concept, Conditions and Classifications
• Welcome to the Course!
• Concept of Waqf and Conditions of creating Waqf
• Classification of Waqf Assets
• Summary and Reflection for Week 1
• Restrictions, Stipulations and Difference
• Key Restrictions of Waqf
• Ten Stipulations for the creation of Waqf
• Difference between Sadaqah and Sadaqah Jariah
• Summary and Reflection for Week 2
• Past-Present-Future of Waqf
• Creation of Waqf during the time of the Prophet
• Historical Development of the Institution of Waqf
• When and Why Waqf Role has been declined within the past century?
• Final Summary and Reflection
• What's Next?