Islamic Finance
Investment Agency Sukuk
September 19, 2021
Finance
Reference Rate
September 19, 2021

A form of waqf (Islamic endowment) whose assets are intended for investment (i.e., income/ ghallah generation). The income generated from managing the waqf assets will be used in constructing and reconstructing waqf properties. It may also be used for other purposes as defined by al-waqif (the waqf creator/ donor) in the waqf deed.

Investment waqf is also known as waqf istithmari.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts