An Introduction to Waqf
Gain essential finance skills on this beginner’s guide to Waqf as you discover its importance in Islamic Social Finance.
Duration
3 weeksWeekly study
1 hour100% online
How it works
An Introduction to Waqf
Understand how Waqf can contribute to the growth of Islamic finance
Historically, Waqf has been instrumental in providing education, healthcare, and public utilities. It has also been identified as a key driver for the future growth of Islamic finance.
On this three-week course, you’ll gain a solid understanding of Waqf and its potential to contribute to Islamic finance.
By the end, you’ll know how Waqf is similar to an endowment, its significance in Islamic society, and what the future of Waqf may look like.
Learn the concept and conditions of creating Waqf
You’ll delve into the concept, conditions, and classifications of Waqf to help you understand what classifies as a Waqf asset.
Next, you’ll learn the ten stipulations for the creation of Waqf to understand its key restrictions.
Discover the differences between Sadaqah and Sadaqah Jariyah
Delving into the history of Waqf, you’ll explore its creation during the time of the Prophet as well as the historical development of the Institution of Waqf.
With this strong foundation of knowledge, you’ll then explore the differences between Sadaqah and Sadaqah Jariyah to gain a deeper understanding of Waqf.
Learn from the experts at INCEIF University
Using your knowledge of the history of Waqf, you’ll discover why it has been declining within the past century before exploring the recent call for its revival.
Guided by Dr. Magda Ismail Abdel Mohsin from INCEIF, a world-renowned Islamic finance higher institute, you’ll finish the course with a firm understanding of Waqf and its importance in the future of Islamic Finance.
Syllabus
Week 1
Concept, Conditions and Classifications
Welcome to the Course!
Welcome to the Institution of Waqf course!
Concept of Waqf and Conditions of creating Waqf
In this topic, you will learn briefly about the concept of Waqf and the FIVE conditions when creating Waqf.
Classification of Waqf Assets
In this section, you will learn about the classifications of Waqf assets.
Summary and Reflection for Week 1
This is your opportunity to pause and reflect on what you learned during this week.
Week 2
Restrictions, Stipulations and Difference
Key Restrictions of Waqf
In this topic, you will learn about the THREE key restrictions of Waqf.
Ten Stipulations for the creation of Waqf
In this topic, you will learn about the Ten Stipulations for the creation of Waqf.
Difference between Sadaqah and Sadaqah Jariah
In this topic, you will learn about the difference between Sadaqah and Sadaqah Jariah.
Summary and Reflection for Week 2
This is your opportunity to pause and reflect on what you learned during this week.
Week 3
Past-Present-Future of Waqf
Creation of Waqf during the time of the Prophet
In this topic, you will learn about the creation of Waqf during the time of the Prophet.
Historical Development of the Institution of Waqf
In this topic, you will learn about the historical Development of the Institution of Waqf
When and Why Waqf Role has been declined within the past century?
You will learn briefly when and why Waqf Role has been declined within the past century.
Final Summary and Reflection
Congratulations on finishing the course!
What's Next?
Congratulations, you are almost done with the course! Next, in order to obtain the certificate of completion, you are required to take the course assessment. Details of the course assessment are provided in the next page.
When would you like to start?
Start straight away and join a global classroom of learners. If the course hasn’t started yet you’ll see the future date listed below.
Available now
Learning on this course
On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.
What will you achieve?
By the end of the course, you‘ll be able to...
- Identify the concept of Waqf and its significance in Islamic society.
- Explain the key conditions required for creating a Waqf asset.
- Classify the different types of assets that can be designated as Waqf.
- Describe the ten stipulations for the creation of Waqf.
- Compare between Sadaqah and Sadaqah Jariah.
Who is the course for?
This course is designed for anyone interested in gaining a basic understanding of Waqf and its principles and practices.
It is particularly designed for those who are new to the concept of Waqf and want to know more about Islamic Social Finance.
Who will you learn with?
I am Associate Professor of Islamic Economics and Finance at INCEIF University, specializing in Islamic Economics, Islamic Finance and Islamic Social Finance (Qard Hassan, Zakat &Waqf).
Who developed the course?
INCEIF
INCEIF is considered to be the knowledge leader in Islamic finance through providing excellent teaching, research and thought leadership.
Ways to learn | Buy this course | Subscribe & save | Limited access |
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| Choose the best way to learn for you! | $109/one-off payment | $244.99 for a whole year Automatically renews | Free |
| Fulfill your current learning need | Develop skills to further your career | Sample the course materials | |
| Access to this course | tick | tick | Access expires 1 Nov 2024 |
| Access to 1,000+ courses | cross | tick | cross |
| Learn at your own pace | tick | tick | cross |
| Discuss your learning in comments | tick | tick | tick |
| Tests to check your learning | tick | tick | cross |
| Certificate when you're eligible | Printed and digital | Digital only | cross |
Cancel for free anytime |
Ways to learn
Choose the best way to learn for you!
Subscribe & save
$244.99 for a whole year
Automatically renews
Develop skills to further your career
- Access to this course
- Access to 1,000+ courses
- Learn at your own pace
- Discuss your learning in comments
- Tests to boost your learning
- Digital certificate when you're eligible
Cancel for free anytime
Buy this course
$109/one-off payment
Fulfill your current learning need
- Access to this course
- Learn at your own pace
- Discuss your learning in comments
- Tests to boost your learning
- Printed and digital certificate when you’re eligible
Limited access
Free
Sample the course materials
- Access expires 1 Nov 2024
Find out more about certificates, Unlimited or buying a course (Upgrades) Sale price available until 31 October 2024 at 23:59 (UTC). T&Cs apply. | |||
Find out more about certificates, Unlimited or buying a course (Upgrades)
Sale price available until 31 October 2024 at 23:59 (UTC). T&Cs apply.
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