Rujuk FatwaMalaysian fatwa reference
BM

FatwaNationalEndowment (Waqf) & Religious Property

Langkah-Langkah Membangunkan Hartanah Waqaf MAIN Dari Perspektif Hukum

How can State Islamic Religious Council waqf property be developed from a legal perspective, and are istibdal and waqf shares permitted?

Short answer

The Muzakarah resolved that waqf istibdal and waqf shares are very good and should be practised now, since waqf land and old mosque sites lie neglected while development moves rapidly.

NationalFatwa 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
National Fatwa Committee (JAKIM)
Date
Status
Fatwa committee decision
Series
Kompilasi Pandangan Hukum Muzakarah Jawatankuasa Fatwa MKI (JAKIM, terbitan 2016)
Topic
Endowment (Waqf) & Religious Property

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

Summary

The Muzakarah resolved that waqf istibdal and waqf shares are very good and should be practised now, since waqf land and old mosque sites lie neglected while development moves rapidly. Waqf practice may be adapted without being bound only to the Shafi'i school, and management methods may draw on the Hanafi school or any suitable school or opinion. Implementation must be cautious and prudent. Waqf shares are preferred, and if they cannot be used, istibdal is carried out under certain conditions and properly administered.

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

Muzakarah telah memutuskan bahawa Wakaf Istibdal dan Saham Wakaf merupakan perkara yang amat baik dan perlu diamalkan pada masa ini

Excerpt from the original fatwa · National

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

How to cite

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

National Fatwa Committee (JAKIM). “Langkah-Langkah Membangunkan Hartanah Waqaf MAIN Dari Perspektif Hukum”, 4 November 1996. https://www.islam.gov.my/images/ePenerbitan/KOMPILASI_MUZAKARAH_MKI_2016.pdf#langkah-langkah-membangunkan-hartanah-waqaf-main-dari-perspektif-hukum. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/developing-state-council-waqf-property-istibdal-shares/