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Islamic Finance

  Islamic Finance   |   Terms
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  • March 21, 2023
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Waqf Khadami

A form of waqf (Islamic endowment) in which the output takes the form of services offered to the benefit of some charity recipients or other beneficiaries. Examples of assets used to provide such services include schools, utilities, etc.

Waqf khadami (وقف خدمي) is Arabic for service waqf.

It is also referred to as waqf mubashar (direct waqf).


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