المستخلص: |
To summarise, there are two obvious implications of this renewed focus on the waqf. Firstly, the existing waqf will be managed and used in better ways in enhancing security of tenure, and also to assist the poor. Secondly, future waqf will be able to help in resources redistribution and to strengthen civil society. Given the apparent support for the idea of the waqf at the local, national and international level among Islamic communities, the institutions of waqf should act similar to a non-governmental organization (NGO) by employing Islamic business management ethics so that the proceeds of the waqf assets may be used for the socioeconomic and educational development of the Muslim community.
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