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Islamic Finance

Joint Waqf

January 27, 2022

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Self-dedicated waqf (وقف على النفس) is a form of waqf (Islamic endowment) in which the income/ usufruct of the assets (property) assigned as endowment is retained by waqif (the waqf donor) as long as he/ she is alive. Thereafter, the waqf revenues will go to charity.

It is also known as waqf ala al-nafs.

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