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Islamic Social Finance

Waqf, Endowment, and SMEs

Islamic Social Finance provides an introduction to the Waqf system, which has played a significant socio-economic role throughout the history of Islamic civilization. In a contemporary framework, Waqf creates new networks between micro-entrepreneurs, Small and Medium Sized Enterprises (SMEs), and entrepreneurship through voluntary donations made by individuals in a society. In other contexts, Waqf supports the financial system and contributes to the UN sustainable development goals (SDGs).

First, it introduces the definitions of waqf and the practices of waqf. ... properties, agriculture, tourism, Islamic Social institutions, the health industry, Real Estate Investment Trust (REIT), and financial technology (Fintech).