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Islamic Finance


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Wakaf Ghair Manqul


Arabic (وقف غير منقول) for immovable endowment (wakaf). It is a type of wakaf (waqf) in which the subject matter (mawqoof) is an immovable property (ghair manqul) such as land and buildings (which house schools, masajid, hospitals, utilities/ facilities, farms, etc.) Immovable wakaf property or mal ghair manqul represents assets that cannot be moved or transferred from its original place/ location.

It is also known as wakaf of immovable property (waqf of immovable property).

Wakaf ghair manqul is the opposite of wakaf manqul (movable endowment).


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