Islamic Finance: Using Cash Waqf as a Socio-Financial Tool

Understand how cash waqf can address socio-economic challenges

Cash waqf is a type of non-profit donation that should maintain its original cash capital. It’s an important tool in Islamic finance used for societal benefit.

On this three-week course, you’ll develop a comprehensive understanding of cash waqf and its pivotal role in addressing socio-economic challenges tailored to the diverse needs of societies.

You’ll cover the principles, practical applications, and governance structures crucial for maximising the impact of cash waqf initiatives.

Delve into cash waqf models

Diving into the development of innovative cash waqf models, you’ll uncover their versatile applications.

This exploration will help you understand how these models can meet diverse financial needs. What’s more, you’ll gain valuable insights for navigating the evolving landscape of Islamic finance.

Explore the social impact of cash waqf models

With an understanding of cash waqf models, you’ll explore their societal impact, focusing on their influence within Muslim societies.

Within this, you’ll analyse successful cases of cash waqf to understand best practices. This will position you to contribute to impactful initiatives in your career.

Develop your knowledge of social finance and Islamic finance

Finally, you’ll explore the wider impacts of cash waqf. You’ll investigate its contributions to poverty alleviation, education, healthcare, job creation, and infrastructure development.

By the end of the course, you’ll understand how cash waqf can drive positive change. You’ll also be well-equipped to play a significant role in advancing social and Islamic finance as an individual, within organisations, or as a policymaker.

This course is designed for students, shareholders of corporations and Islamic banks, and anyone interested in cash waqf.

You’ll learn how cash waqf models can be applied in your institution for the benefit of society.

This course is designed for students, shareholders of corporations and Islamic banks, and anyone interested in cash waqf.

You’ll learn how cash waqf models can be applied in your institution for the benefit of society.

• Explain the concept of Waqf, its historical and cultural significance, and its role in supporting various sectors within Muslim societies.
• Explore different Waqf models, including cash Waqf, waqf share model, waqf mutual fund model, and deposit cash waqf product model, understanding their structures, mechanisms, and social impacts.
• Apply the principles and guidelines governing the establishment and management of Waqf.
• Evaluate the social impact of Waqf initiatives in different countries, assessing their contributions to education, healthcare, poverty alleviation, community development, and other sectors, and propose strategies for enhancing their effectiveness.