Waqf Development and Innovation

<p><em>Waqf</em> is one of the most potent socio-economic tools for reducing public sector deficit and breaking the chain of intergenerational poverty. Providing a high-level discussion on <em>waqf</em> development and innovation within the context of modern socio-economic and legal developments this book examines the importance and potentials of <em>waqf</em> and the issues relating to its legal and regulatory framework.</p><p>The research delivers future directions for countries that plan to explore this socio-economic institution. Readers and policymakers will be able to replicate successful experiments and learn from some failed initiatives to seek alternative funding platforms to support the fiscal policies of developing countries. The volume discusses the relevance and novel application of <em>waqf</em> in the modern economic system and social development it reviews applicable laws and regulations pertaining to <em>waqf</em> and trust laws and examines critical cross-country case studies and experiences.</p><p>Setting an agenda for further researchers in the field of <em>waqf</em> this comprehensive high-level analysis with case studies from leading jurisdictions across the world is a key resource for researchers policymakers and institutions interested in charitable endowments Islamic finance and social finance. </p>