Download E-books Financing the Development of Old Waqf Properties: Classical Principles and Innovative Practices around the World (Palgrave Studies in Islamic Banking, Finance, and Economics) PDF

This e-book offers profitable case experiences in Muslim and Muslim minority international locations that experience revolutionized the redevelopment of idle waqf houses into efficient land trusts. The revival of this establishment over the past 20 years indicates the growing to be optimism in galvanizing the socioeconomic function of waqf by way of adopting its versatile shariah measures. cutting edge methods of financing redevelopment permit Muslims to increase those roles to incorporate new beneficiaries. New makes use of for those homes contain delivering companies to the neighborhood, establishing jobs for almost all of individuals, investment small marketers, teaching the loads, delivering future health care, and sheltering the negative and needy. nations lower than learn comprise Sudan, Turkey, Malaysia, Indonesia, Singapore, New Zealand, Kuwait, Oman, Qatar, and Iran. also, the booklet examines the overseas improvement Bank's position in financing the improvement previous waqf homes in several countries.

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