Funding of Waqf Establishments

Praise be to Allah, the Lord of all worlds, and may peace and blessings be upon our Prophet Muhammad, his family, and all his companions.

Indeed, wealth can take various forms; Some of it consists of tangible assets such as movable property and real estate, some of it consists of benefits, some of it can be invention and innovation rights and some of it can be debts.

Financing: Financing or Funding refers to the acquisition of the necessary funds by an individual, whether in cash or intangible. 

The jurists have mentioned the financing of waqf (endowments).

Imam Al-Bahwati stated: “The Superintendent is allowed to borrow on behalf of the waqf (take a loan, whether through a deferred sale or a loan) without the need for a judge’s permission, if it is for a beneficial purpose, such as purchasing for the waqf on credit or with unspecified cash