Awqaf-Led Islamic Social Finance: Innovative Solutions to Modern Applications (Islamic Business and Finance) (Hardcover)

Awqaf-Led Islamic Social Finance: Innovative Solutions to Modern Applications (Islamic Business and Finance) By Billah (Editor) Cover Image
By Billah (Editor)
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This book provides an authoritative and comprehensive overview of Waqf (endowment), addressing specific issues, models, solutions, structures and practices. As Islamic finance has gained in significance, so too has the institution of Waqf, working towards creating an enterprising and an entrepreneurial community across the globe, in order to meet the underlying objectives of the sustainable development goals (SDGs) by targeting the low-income group in particular.

The book analyses the historical context of Waqf as well as its revival in the digital era. It addresses the laws and policies affecting the management of Waqf, such as Maqasid al-Shari'ah, law and policies, law and fiscal reform, regulations applied within Muslim countries, judicial procedures and dispute resolutions and covers the core issues concerning the formalities of Waqf, its management and corporate governance questions. The book includes a series of specialised chapters focusing on the products and services of Waqf, covering product innovation, product development, and then assesses the risk factors in Waqf and Waqf Takaful. Finally, it focuses on the challenges of Waqf and offers recommendations for the way forward.

A timely and practical guide, comprising a literature review and future research directions, as well as a number of international case studies, this will be a key reference for academics, students, researchers, practitioners and policy makers.

About the Author

Mohd Ma'Sum Billah is Professor of Finance and Insurance at the Islamic Economics Institute, King Abdulaziz University, Jeddah, Kingdom of Saudi Arabia.

Product Details
ISBN: 9780367405373
ISBN-10: 0367405377
Publisher: Routledge
Publication Date: September 15th, 2020
Pages: 290
Language: English
Series: Islamic Business and Finance