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

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...

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Main Authors: Anwar Allah Pitchay, Noor Shahdeena Ramlan, Mohamad Isa Abd Jalil, Ririn Tri Ratnasari
Format: Article
Language:English
English
Published: Labuan Faculty of International Finance, Universiti Malaysia Sabah 2024
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/41837/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/41837/2/FULL%20TEXT.pdf
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author Anwar Allah Pitchay
Noor Shahdeena Ramlan
Mohamad Isa Abd Jalil
Ririn Tri Ratnasari
author_facet Anwar Allah Pitchay
Noor Shahdeena Ramlan
Mohamad Isa Abd Jalil
Ririn Tri Ratnasari
author_sort Anwar Allah Pitchay
collection UMS
description 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.
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spelling ums.eprints-418372024-11-11T01:25:19Z https://eprints.ums.edu.my/id/eprint/41837/ Revitalizing waqf: a journey through its rise, collapse, and reform Anwar Allah Pitchay Noor Shahdeena Ramlan Mohamad Isa Abd Jalil Ririn Tri Ratnasari BP173.25-173.45 Islamic sociology HG1-9999 Finance 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. Labuan Faculty of International Finance, Universiti Malaysia Sabah 2024 Article NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/41837/1/ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/41837/2/FULL%20TEXT.pdf 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 https://doi.org/10.51200/ljms.v18i2.5310
spellingShingle BP173.25-173.45 Islamic sociology
HG1-9999 Finance
Anwar Allah Pitchay
Noor Shahdeena Ramlan
Mohamad Isa Abd Jalil
Ririn Tri Ratnasari
Revitalizing waqf: a journey through its rise, collapse, and reform
title Revitalizing waqf: a journey through its rise, collapse, and reform
title_full Revitalizing waqf: a journey through its rise, collapse, and reform
title_fullStr Revitalizing waqf: a journey through its rise, collapse, and reform
title_full_unstemmed Revitalizing waqf: a journey through its rise, collapse, and reform
title_short Revitalizing waqf: a journey through its rise, collapse, and reform
title_sort revitalizing waqf a journey through its rise collapse and reform
topic BP173.25-173.45 Islamic sociology
HG1-9999 Finance
url https://eprints.ums.edu.my/id/eprint/41837/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/41837/2/FULL%20TEXT.pdf
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