Endowment waqf as an investment vehicle

Abstract: Institutions, especially those in education, are established in perpetuity. An educational institution loses its autonomy once it must divide its energy to search for funds to operate rather than focus on what is most important, educating the next generation. Today we are faced with pious endowment or waqf as an estranged concept. The success of Western Endowments has caused us to relook into successful solutions to address autonomy, preservation and sustainability of educational institutions.
Keywords: Waqf, pious endowment, investment management, mudarabah, musharakah, qard hasan

Endowment waqf as an investment vehicle [PDF 252 KB]