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Charity and finance in the world of Islam: waqfs, origins and evolution

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dc.contributor.authorCizakca, Murat
dc.date.accessioned2016-09-19T07:47:57Z
dc.date.available2016-09-19T07:47:57Z
dc.date.disclosure3/8/2016
dc.date.issued2010
dc.description.abstractMuslims, for centuries, have fulfilled their social responsibilities and served their societies with an institution called waqf. Thus, waqfs have constituted the most important NGOs and civil society institutions in the Islamic world. Wealthy Muslims establish waqfs based upon a statement of Prophet Muhammad known as "sawab ba'd al wafat". The Prophet is reported to have said tge following: "When a person dies all his deeds come to an end and his account book, daftar al amal, is closed, except for three: Knowledge, from which people can benefit, ongoing charity, a pious offspring". Waqf is the institution which allows Muslims to fulfil all these three tasks, often simultaneously, and enables them to earn good deeds even after they pass away.
dc.identifier.citationCizakca, Murat. (2010). Charity and finance in the world of Islam: waqfs, origins and evolution. In Amer Al-Roubaie & Shafiq Alvi (Eds.), Islamic banking and finance: critical concepts in economics, Volume 1 (pp. 364-372). Abingdon, Oxon: Routledge.
dc.identifier.isbn9780420000000
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/1946
dc.languageEnglish
dc.language.isoen
dc.publisherRoutledge
dc.rights2010. Routledge
dc.sourceCRP
dc.subjectWaqf
dc.titleCharity and finance in the world of Islam: waqfs, origins and evolution
dc.typeChapter in Book
dlc.maintopicIslamic wealth management
dlc.subtopicWaqf
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.licenseAvailable in physical copy only
ikr.topic.maintopicIslamic wealth management
ikr.topic.subtopicIslamic wealth management
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