Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Financing the Development of Old Waqf Properties: Classical Principles and Innovative Practices Around the World

Financing the Development of Old Waqf Properties: Classical Principles and Innovative Practices Around the World

Mohsin, Magda Ismail Abdel
Dafterdar, Hisham
Cizakca, Murat

Hardcover

Series: Palgrave Studies in Islamic Banking, Finance, and Economics

AccountingBusiness GeneralInvesting & Finance

ISBN10: 1137581271
ISBN13: 9781137581273
Publisher: Palgrave MacMillan
Published: Oct 21 2016
Pages: 267
Weight: 1.06
Height: 0.84 Width: 6.23 Depth: 8.62
Language: English
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.

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