Revitalizing waqf: a journey through its rise, collapse, and reform

Anwar Allah Pitchay and Noor Shahdeena Ramlan and Mohamad Isa Abd Jalil and Ririn Tri Ratnasari (2024) Revitalizing waqf: a journey through its rise, collapse, and reform. Labuan E-Journal of Muamalat and Society (LJMS), 18 (2). pp. 91-106. ISSN 1985-482X

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Abstract

This manuscript delves into the historical evolution, decline, and potential reform of the waqf system, a pivotal institution in Islamic civilization. waqf, an Islamic endowment of property to be held in trust and used for charitable or religious purposes, has significantly influenced socioeconomic and cultural landscapes in Muslim societies. Beginning with its establishment by Prophet Muhammad (PBUH) and its flourishing during the Umayyad and Abbasid periods, the waqf system facilitated the development of essential public infrastructure, including mosques, schools, and hospitals. However, the system faced challenges and decline, particularly during colonial rule, which disrupted its management and reduced its effectiveness. This study examines the foundational principles of waqf, its historical significance, the reasons for its decline, and contemporary efforts to revive and reform waqf institutions. Through a comprehensive analysis, this manuscript aims to highlight the enduring relevance of waqf and propose strategies for its revitalization to address modern socio-economic needs.

Item Type:	Article
Keyword:	Waqf, Islamic Civilization, History Of Waqf, Financial Endowments, Socioeconomic Development
Subjects:	B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > BP1-610 Islam. Bahai Faith. Theosophy, etc. > BP1-253 Islam > BP173.25-173.45 Islamic sociology H Social Sciences > HG Finance > HG1-9999 Finance
Department:	FACULTY > Faculty of Business, Economics and Accounting
Depositing User:	SITI AZIZAH BINTI IDRIS -
Date Deposited:	11 Nov 2024 09:25
Last Modified:	11 Nov 2024 09:25
URI:	https://eprints.ums.edu.my/id/eprint/41837

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