Brings together in one collection research discussing major issues in Islamic finance that has an impact on socio-economic development, sustainability, and financial inclusion Provides a deep understanding of Waqf and various tools and techniques used in Waqf management and the distribution of income in Waqf Adopts new approaches in addressing issues related to Waqf management and discussions and analyses of controversial issues in light of Islamic Shari'ah

Autorentext

Khalifa Mohamed Ali holds MA and PhD in Economics from Iowa State University, USA, where he taught Economics. He worked as assistant and associate professor of Economics at the United Arab Emirates University, UAE, and is currently a senior economist at the Islamic Research and Training Institute (IRTI), Islamic Development Bank (IsDB).

M. Kabir Hassan is a Professor of Finance in the Department of Economics and Finance at the University of New Orleans, USA, where he currently holds two endowed ChairsHibernia Professor of Economics and Finance and Bank One Professor in Business. He was the University of Louisiana System's outstanding faculty member for 2019. Dr. Hassan is the winner of the 2016 Islamic Development Bank (IsDB) Prize in Islamic Banking and Finance.

Abd elrahman Elzahi Saaid Ali is a Senior Economist at the Islamic Research and Training Institute (IRTI), Islamic Development Bank (IsDB).

Klappentext
This book provides a comprehensive analysis of Waqf Management and its impact on socio-economic development, specifically financial inclusion and sustainable development as well as of the legal issues in Waqf management in IDB member countries and jurisdictions. It explores various aspects of Waqf management in IDB member countries/jurisdictions as well as in non-Muslim majority countries such as Waqf regulation, its modernization, and relationship to Maqasid Al-Shari'ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects, among others. Comprising different issues and perspectives adopted by various researchers, the work is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance.

Zusammenfassung

This book provides a comprehensive analysis of Waqf management and its impact on socio-economic development, specifically financial inclusion and sustainable development as well as of the legal issues in Waqf management in IsDB member countries and jurisdictions. It explores various aspects of Waqf management in IsDB member countries/jurisdictions as well as in non-Muslim majority countries such as Waqf regulation, its modernization, and relationship to Maqasid Al-Shari'ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects, among others. Comprising different issues and perspectives adopted by various researchers, the work is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance.

Inhalt

1. INTRODUCTION

Khalifa Mohamed Ali, Islamic Research and Training Institute (IRTI), Saudi Arabia

M Kabir Hassan, University of New Orleans, USA Abd elrahman Elzahi Saaid Ali, Islamic Research and Training Institute (IRTI), Saudi Arabia

PART I: WAQF AND SUSTAINABLE DEVELOPMENT

2. Role of Waqf to attain the 'SDG-1: Ending Poverty' in Bangladesh

Md. Abdullah Al Zobair, Bangladesh Islami University, Bangladesh

Mohammad Azizul Hoque, Teach for Bangladesh, Bangladesh**

3. Financing the Sustainable Development Goals (SDGs): The Socio-economic role of Awqaf (Endowments) in Bangladesh****

Foyasal Khan, International Islamic University Malaysia**

M. Kabir Hassan, University of New Orleans, USA

4. Integrating Family Waqf into an Inheritable Going Concern Business: An Instrument for Sustainable Welfare of Exempted Heirs

Umar Habibu Umar, Northwest University, Kano-Nigeria**

PART II: LEGAL ISSUES IN WAQF MANAGEMENT

5. Exploring Dynamics of Private Giving as Income Support Institution for Endowment Deficient Consumers

Salman Ahmed Shaikh, SZABIST, Pakistan**

Mohd Adib Ismail, National University, Malaysia**

6. Analysis of The law of Waqf in Thailand

Dr. Anis Pattanaprichawong, Princess of Naradhiwas University, Thailand

Dr. Sulaiman Dorloh, Universiti Darul Iman, Malaysia**

7. Waqf Law and Islamic Religious Revenue: New Sources of a State Revenue****

Abdul Ghafar Ismail, Universiti Islm Sultan Sharif Ali, Brunei Darussalam

Wahyu Ario Pratomo, Universitas Sumatera Utara, Indonesia**

8. **Legal Constraints to the Development of Waqf**

Habib Ahmed, Durham University Business School, UK**

PART III: OTHER ISSUES IN WAQF MANAGEMENT STRATEGIES

9. Management of Mudaraba Waqf Cash Deposit in Islami Bank Bangladesh Limited: An Evaluation

Dr. Mahmood Ahmed, Islami Bank Training and Research Academy (IBTRA), Bangladesh**

10. Cash Waqf and Preferred Method of Payment: Case of Malaysia Using an AHP Approach

Mohamad Isa Abd Jalil, Universiti Malaysia Sabah, Malaysia

Anwar Allah Pitchay, Universiti Sains Malaysia, Malaysia

Sofri Yahya, Universiti Sains Malaysia, Malaysia** **<i&gt...