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Financing the Development of Old Waqf Properties : Classical Principles and Innovative Practices around the World / by Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr, Thamina Anwar, Mohammed Obaidullah
(Palgrave Studies in Islamic Banking, Finance, and Economics. ISSN:2662513X)

Publisher (New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan)
Year 2016
Edition 1st ed. 2016.
Authors *Mohsin, Magda Ismail Abdel author
Dafterdar, Hisham author
Cizakca, Murat author
Alhabshi, Syed Othman author
Razak, Shaikh Hamzah Abdul author
Sadr, Seyed Kazem author
Anwar, Thamina author
Obaidullah, Mohammed author
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OB00175599 Springer Economics and Finance eBooks (電子ブック) 9781137581280

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Material Type E-Book
Media type 機械可読データファイル
Size XXVII, 267 p. 13 illus., 5 illus. in color : online resource
Notes 1 Legal Framework of the Institution of Waqf -- 2 Development and Administration of the Instition of Waqf, Past and Present -- 3 The Role of Waqf in Modern Economic Development -- 4 Current Development of Waqf Properties in Selected Countries and their Socioeconomic Roles -- 5 Waqf Development: The Islamic Development Bank Experience -- 6 Modus Operendi and the Structures of both Classical and Innovative Modes of Finance -- 7 Conclusion
This book presents successful case studies in Muslim and Muslim minority countries that have revolutionized the redevelopment of idle waqf properties into productive land trusts. The revival of this institution over the last two decades shows the growing optimism in galvanizing the socioeconomic role of waqf by adopting its flexible shariah measures. Innovative ways of financing redevelopment allow Muslims to extend these roles to include new beneficiaries. New uses for these properties include providing services to the community, opening jobs for the majority of people, funding small entrepreneurs, educating the masses, providing health care, and sheltering the poor and needy. Countries under study include Sudan, Turkey, Malaysia, Indonesia, Singapore, New Zealand, Kuwait, Oman, Qatar, and Iran. Additionally, the book examines the International Development Bank's role in financing the development old waqf properties in different countries
HTTP:URL=https://doi.org/10.1057/978-1-137-58128-0
Subjects LCSH:Financial services industry
FREE:Financial Services
Classification LCC:HG1501-3550
DC23:332.17
ID 8000059143
ISBN 9781137581280

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