FatwaSelangorEndowment (Waqf) & Religious Property
Hukum Pelaksanaan Jualan Semula Hartanah Wakaf Untuk Tujuan Pelaburan Hartanah
Is it permissible to resell waqf property for the purpose of property investment?
Short answer
The Selangor fatwa rules that it is not permissible to resell waqf property for investment purposes, because the purpose of waqf is to provide continuing benefit to the person who made the endowment.
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
- Gazetted
- Series
- Keputusan Fatwa Diwartakan
- Topic
- Endowment (Waqf) & Religious Property
Gazette evidence in the source: Sel. P.U. 21
Summary
The Selangor fatwa rules that it is not permissible to resell waqf property for investment purposes, because the purpose of waqf is to provide continuing benefit to the person who made the endowment. Selangor Islamic Religious Council (MAIS) waqf funds may only be spent on purchasing or financing permanent assets, not on investment. The fatwa is dated 17 July 2014 and was gazetted under section 47 of the Administration of the Religion of Islam (State of Selangor) Enactment 2003.
Written in our own words from the original fatwa — check the source before acting on it.
Tidak harus menjual semula harta wakaf untuk tujuan pelaburan, kerana tujuan wakaf adalah memberi manfaat yang berterusan kepada pewakaf.
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. “Hukum Pelaksanaan Jualan Semula Hartanah Wakaf Untuk Tujuan Pelaburan Hartanah”, date not stated. https://www.muftiselangor.gov.my/2023/10/28/hukum-pelaksanaan-jualan-semula-hartanah-wakaf-untuk-tujuan-pelaburan-hartanah/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/resell-waqf-property-for-property-investment/