Publication:
Waqf as a sustainable solution: addressing climate change impacts on real estate through perpetual endowment and community benefit
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Date
2025
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Abstract
Climate change presents risks to real estate through extreme weather, rising sea levels, and shifting climate patterns, affecting property integrity, market value, and maintenance costs. Traditional responses are often short-term, whereas waqf, a concept of perpetual endowment for communal benefit, offers a sustainable alternative for managing real assets. This study explores the potential of waqf in mitigating climate change impacts on real estate, emphasizing its role in promoting resilience and sustainability. Using a qualitative approach, the study analyzes governing statutes, reported cases, and administrative data. Findings reveal waqf properties can support environmental sustainability by designating land for green spaces, conservation, or sustainable agriculture. These uses help buffer against climate-related disasters, protect nearby real estate, and maintain property values. Additionally, waqf income can fund climate adaptation projects, such as infrastructure upgrades and energy-efficient retrofits. Despite its promise, challenges like legal and administrative constraints, limited awareness, and capacity gaps must be addressed. Overall, waqf principles of sustainability and long-term stewardship can enhance real estate resilience and support sustainable urban development
Keywords
Best practices , Perpetuity , Real estate , Sustainability , Waqf
Citation
Syed Abdul Kader, S. Z., Baharudin, M. H., Mustafa, M., Mohd Yusoff, R., Abdul Manaf, Z. I., & Djafri, F. (2025). Waqf as a sustainable solution: Addressing climate change impacts on real estate through perpetual endowment and community benefit. Journal of International Conference Proceedings, 7(3), 695-709. https://doi.org/10.32535/jicp.v7i3.3724
Publisher
AIBPM Publisher
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Waqf_as_a_sustainable_solution_Fares Djafri et al.pdf
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