Arabic (ناظر الوقف) for the manager of waqf (Islamic endowment); the custodian of an endowment (waqf) who undertakes responsibility for management of its assets and resources as well as its everyday affairs. In other words, the custodian is required to carry out the tasks of safeguarding it, growing it, implementing the stipulations of the person who created it (al-waqif), leasing its property, resolving disputes over it, collecting its return and distributing it to its rightful eligible persons. The custodian should also set aside some of the proceeds and assets as precautionary reserves.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Comments