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Islamic Finance

  Islamic Finance   |   Terms
  • 465
  • November 8, 2021
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Waqf al-Sabil

A type of waqf (endowment) which is established to serve the general public. Examples of waqf al-sabil include construction of a masjid (mosque), school, hospital, residential building, etc. The beneficiaries of waqf are all members of a given community in addition to strangers (e.g., in the case of water supplies or accommodation for passers-by/ way-farers).

Waqf al-sabil (وقف السبيل) is Arabic for public endowment.


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