Fiqh muasarah in philanthropy

Slide presentation for “Fiqh muasarah in philanthropy”

Issue 1: Waqf istibdal
Issue 2: Share waqf

Waqf is an Islamic endowment of property dedicated permanently for religious or charitable use. Istibdal means exchanging or substituting waqf property with another asset of equal or greater value. This is important today because many waqf lands are underused, poorly located, or neglected. Istibdal helps reposition waqf assets to better serve public needs like building hospitals or mosques in strategic locations (Mushaddad Hasbulla,2019). Istibdal involves selling the original waqf asset and buying a new one that can provide equal or better benefits. The goal is to keep the waqf effective and continuously beneficial. Acts as a revitalization tool to adapt waqf assets to changing circumstances. Example: Selling a remote waqf land to buy a plot near a growing community for a new mosque.