FatwaSelangorEndowment (Waqf) & Religious Property
Wakaf Tunai Sebagai Wakaf
Is cash waqf permissible as a waqf asset?
Short answer
The Selangor State Fatwa Committee ruled that cash waqf is permissible as a waqf asset.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Selangor State Mufti Department
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Tidak Diwartakan
- Topic
- Endowment (Waqf) & Religious Property
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Selangor State Fatwa Committee ruled that cash waqf is permissible as a waqf asset. The permission is conditional: the original value of the money endowed must continually be grown and increased, and any asset purchase must comply with Islamic law. Any other conditions set by PWS from time to time must also be observed.
Written in our own words from the original fatwa — check the source before acting on it.
Harus melaksanakan wakaf tunai sebagai harta wakaf dengan syarat-
Read the full fatwa on the Selangor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Selangor State Mufti Department. “Wakaf Tunai Sebagai Wakaf”, date not stated. https://www.muftiselangor.gov.my/2023/10/27/wakaf-tunai-sebagai-wakaf/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/is-cash-waqf-permissible-as-waqf/