Financing the Development of Old Waqf Properties

Classical Principles and Innovative Practices around the World

  • Magda Ismail Abdel Mohsin
  • Hisham Dafterdar
  • Murat Cizakca
  • Syed Othman Alhabshi
  • Shaikh Hamzah Abdul Razak
  • Seyed Kazem Sadr
  • Thamina Anwar
  • Mohammed Obaidullah

Table of contents

  1. Front Matter
    Pages i-xxvii
  2. Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr et al.
    Pages 1-12
  3. Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr et al.
    Pages 13-20
  4. Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr et al.
    Pages 21-35
  5. Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr et al.
    Pages 37-220
  6. Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr et al.
    Pages 221-236
  7. Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr et al.
    Pages 237-256
  8. Magda Ismail Abdel Mohsin, Hisham Dafterdar, Murat Cizakca, Syed Othman Alhabshi, Shaikh Hamzah Abdul Razak, Seyed Kazem Sadr et al.
    Pages 257-260
  9. Back Matter
    Pages 261-267

About this book

Introduction

This book presents successful case studies in Muslim and Muslim minority countries that have revolutionized the redevelopment of idle waqf properties into productive land trusts. The revival of this institution over the last two decades shows the growing optimism in galvanizing the socioeconomic role of waqf by adopting its flexible shariah measures. Innovative ways of financing redevelopment allow Muslims to extend these roles to include new beneficiaries. New uses for these properties include providing services to the community, opening jobs for the majority of people, funding small entrepreneurs, educating the masses, providing health care, and sheltering the poor and needy. Countries under study include Sudan, Turkey, Malaysia, Indonesia, Singapore, New Zealand, Kuwait, Oman, Qatar, and Iran. Additionally, the book examines the International Development Bank's role in financing the development old waqf properties in different countries.

Keywords

innovation finance beneficiaries socio-economic development bank banking entrepreneur funding health health care Leasing minority options science and technology service success trust

Authors and affiliations

  • Magda Ismail Abdel Mohsin
    • 1
  • Hisham Dafterdar
    • 2
  • Murat Cizakca
    • 3
  • Syed Othman Alhabshi
    • 4
  • Shaikh Hamzah Abdul Razak
    • 5
  • Seyed Kazem Sadr
    • 6
  • Thamina Anwar
    • 7
  • Mohammed Obaidullah
    • 8
  1. 1.INCEIF - The Global University of IslamiKuala LumpurMalaysia
  2. 2.ManamaBahrain
  3. 3.Ucuncu Nilufer CaddesiOsmangaziTurkey
  4. 4.Kuala LumpurMalaysia
  5. 5.INCEIF - The Global University of IslamiKuala LumpurMalaysia
  6. 6.INCEIF - The Global University of IslamiKuala LumpurMalaysia
  7. 7.AucklandNew Zealand
  8. 8.Islamic Development Bank GroupIslamic Research and Training InstituteJeddahSaudi Arabia

Bibliographic information

  • DOI https://doi.org/10.1057/978-1-137-58128-0
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2016
  • Publisher Name Palgrave Macmillan, New York
  • eBook Packages Economics and Finance
  • Print ISBN 978-1-137-58127-3
  • Online ISBN 978-1-137-58128-0
  • About this book