FatwaJohorEndowment (Waqf) & Religious Property
MOHON FATWA : CADANGAN MENUBUHKAN DANA SAHAM WAKAF JOHOR DENGAN KERJASAMA SYARIKAT-SYARIKAT PENGELUAR PRODUK BARANGAN HALAL
Is it permissible to establish the Johor Waqf Share Fund in cooperation with companies producing halal products?
Short answer
The Johor State Fatwa Committee ruled that establishing a waqf share fund in cooperation with halal product manufacturers is permissible under Islamic law.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Johor State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Fatwa Negeri Johor
- Topic
- Endowment (Waqf) & Religious Property
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Johor State Fatwa Committee ruled that establishing a waqf share fund in cooperation with halal product manufacturers is permissible under Islamic law. The Johor Islamic Religious Council must sign an MOU with the participating companies and monitor the production of the products. A small portion of the sale price goes into the fund, and the percentage is agreed by both parties on condition that product prices do not rise.
Written in our own words from the original fatwa — check the source before acting on it.
Penubuhan dana saham wakaf johor dengan kerjasama syarikat-syarikat pengeluar produk barangan halal adalah harus menurut hukum syarak
Read the full fatwa on the Johor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Johor State Mufti Department. “MOHON FATWA : CADANGAN MENUBUHKAN DANA SAHAM WAKAF JOHOR DENGAN KERJASAMA SYARIKAT-SYARIKAT PENGELUAR PRODUK BARANGAN HALAL”, 2 November 2011. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=1327. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/johor-waqf-share-fund-halal-companies/