Waqf refers to a voluntary, permanent endowment of property or wealth for charitable or religious purposes in Islam.

Key Aspects of Rules for Waqf:

1. Permanence: Once established, a waqf cannot be revoked or sold.
2. Designated Purpose: The waqf must serve a clear and lawful purpose, such as education, healthcare, or supporting the needy.
3. Trustee Management: A trustee (mutawalli) is appointed to oversee the waqf’s maintenance and use.
4. Benefiting the Community: The waqf must serve public or charitable interests.

Importance of Waqf:

• Promotes long-term charity and community development.
• Preserves wealth for noble causes.
• Reflects Islamic values of generosity and social welfare.

Written by AI. A more correct, God given, explanation can be found here.