Sustainable Development and Investment of Waqf Assets from the Islamic Perspective

(Pembangunan dan Pelaburan Lestari Harta Wakaf dari Perspektif Islam)

  • Syahnaz Sulaiman Jabatan Kemajuan Islam Malaysia (Jakim)
  • Aznan Hasan Universiti Islam Antarabangsa Malaysia
  • Ahmad Azam Sulaiman @ Mohamad Universiti Malaya

Abstract

The initiative towards enhancing the role of waqf (endowment) as the main driving force for socioeconomic development of the ummah has received tremendous support from the Muslim community globally. Considerable attention has been paid to the aspect of waqf development and investment in order to maintain the sustainability of waqf assets to meet their divine and worldly objectives. Various mechanisms for waqf development, whether theoretical or already implemented, have intensified the effort to improve and raise the status of waqf assets not only in Malaysia but also throughout the world. Essentially, this study will discuss the concept of sustainable development and investment of waqf assets in the light of the Shariah. This study renders general guidelines towards implementing viable approaches for the development and investment of waqf assets that are in line with Islamic teachings and laws in Malaysia.


Keywords: waqf, development, investment

Author Biographies

Syahnaz Sulaiman, Jabatan Kemajuan Islam Malaysia (Jakim)

Seksyen Muamalat, Bahagian Perancangan dan Penyelidikan

Aznan Hasan, Universiti Islam Antarabangsa Malaysia

Institut Perbankan dan Kewangan Islam

Ahmad Azam Sulaiman @ Mohamad, Universiti Malaya

Jabatan Syariah dan Ekonomi, Akademi Pengajian Islam

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Published
2016-01-01
How to Cite
SULAIMAN, Syahnaz; HASAN, Aznan; SULAIMAN @ MOHAMAD, Ahmad Azam. Sustainable Development and Investment of Waqf Assets from the Islamic Perspective. Kanun: Jurnal Undang-undang Malaysia, [S.l.], v. 28, n. 1, p. 68-101, jan. 2016. ISSN 2682-8057. Available at: <https://jurnal.dbp.my/index.php/Kanun/article/view/4396>. Date accessed: 24 apr. 2024.