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Financing the Development of Old Waqf Properties = Classical Principles and Innovative Practices around the World /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Financing the Development of Old Waqf Properties/ by Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr, Thamina Anwar, Mohammed Obaidullah.
Reminder of title:	Classical Principles and Innovative Practices around the World /
Author:	Mohsin, Magda Ismail Abdel.
other author:	Dafterdar, Hisham.
Description:	XXVII, 267 p. 13 illus., 5 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Banks and banking. -
Online resource:	https://doi.org/10.1057/978-1-137-58128-0
ISBN:	9781137581280

Financing the Development of Old Waqf Properties = Classical Principles and Innovative Practices around the World /
Mohsin, Magda Ismail Abdel.

Financing the Development of Old Waqf PropertiesClassical Principles and Innovative Practices around the World /[electronic resource] :by Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr, Thamina Anwar, Mohammed Obaidullah. - 1st ed. 2016. - XXVII, 267 p. 13 illus., 5 illus. in color.online resource. - Palgrave Studies in Islamic Banking, Finance, and Economics,2662-5121. - Palgrave Studies in Islamic Banking, Finance, and Economics,.

1 Legal Framework of the Institution of Waqf -- 2 Development and Administration of the Instition of Waqf, Past and Present -- 3 The Role of Waqf in Modern Economic Development -- 4 Current Development of Waqf Properties in Selected Countries and their Socioeconomic Roles -- 5 Waqf Development: The Islamic Development Bank Experience -- 6 Modus Operendi and the Structures of both Classical and Innovative Modes of Finance -- 7 Conclusion.

This book presents successful case studies in Muslim and Muslim minority countries that have revolutionized the redevelopment of idle waqf properties into productive land trusts. The revival of this institution over the last two decades shows the growing optimism in galvanizing the socioeconomic role of waqf by adopting its flexible shariah measures. Innovative ways of financing redevelopment allow Muslims to extend these roles to include new beneficiaries. New uses for these properties include providing services to the community, opening jobs for the majority of people, funding small entrepreneurs, educating the masses, providing health care, and sheltering the poor and needy. Countries under study include Sudan, Turkey, Malaysia, Indonesia, Singapore, New Zealand, Kuwait, Oman, Qatar, and Iran. Additionally, the book examines the International Development Bank's role in financing the development old waqf properties in different countries.

ISBN: 9781137581280

Standard No.: 10.1057/978-1-137-58128-0doiSubjects--Topical Terms:

556379
Banks and banking.

LC Class. No.: HG1501-3550

Dewey Class. No.: 332.1

Financing the Development of Old Waqf Properties = Classical Principles and Innovative Practices around the World /
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