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Islamic Finance

  Islamic Finance   |   Terms
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  • August 19, 2021
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Waqf ala al-Nafs

Arabic (وقف على النفس) for self-dedicated waqf; a form of waqf (Islamic endowment) in which the ghallah/ income/ usufruct of the assets (property) assigned as endowment is retained by waqif (the waqf donor) as long as he/ she is alive. Thereafter, the waqf revenues will go to charity (it may also become waqf khayri).


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