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FatwaSarawakEndowment (Waqf) & Religious Property

WAKAF TUNAI, WAKAF BERTEMPOH, WAKAF SAHAM DAN ASET KEWANGAN

Are cash waqf, temporary waqf, share waqf and financial asset waqf permissible in Islam?

Short answer

The Sarawak State Fatwa Board unanimously decided that cash waqf, temporary waqf, share waqf and financial asset waqf are permissible.

SarawakFatwa committee decision

A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.

Authority
Sarawak State Mufti Department
Status
Fatwa committee decision
Series
Info Fatwa
Topic
Endowment (Waqf) & Religious Property

No evidence of gazettement in the source — this is not a gazetted fatwa.

Summary

The Sarawak State Fatwa Board unanimously decided that cash waqf, temporary waqf, share waqf and financial asset waqf are permissible. Waqf is regarded as a branch of worship aimed at drawing closer to Allah by spending wealth in His cause. An open approach to fiqh views is allowed provided the relevant dhawabit and rulings are observed, so that waqf can be developed for community benefit.

Written in our own words from the original fatwa — check the source before acting on it.

Oleh yang demikian, mesyuarat sebulat suara memutuskan bahawa wakaf tunai, wakaf bertempoh, wakaf saham dan aset kewangan adalah diharuskan.

Excerpt from the original fatwa · Sarawak

Read the full fatwa on the Sarawak website (new tab)

How to cite

Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.

Sarawak State Mufti Department. “WAKAF TUNAI, WAKAF BERTEMPOH, WAKAF SAHAM DAN ASET KEWANGAN”, date not stated. https://muftinegeri.sarawak.gov.my/web/subpage/fatwa_list/#wakaf-tunai-wakaf-bertempoh-wakaf-saham-dan-aset-kewangan. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/cash-temporary-share-financial-asset-waqf-ruling/

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