The Activation of Waqf Role in Sustainable Development

Submitted by Zhamal on Fri, 12/25/2020 - 09:34
Year
2018
Country
Qatar
Language
English
Abstract
The 21st Sustainable development Goals (SDGs), globally known, are so important to all low and middle-income Muslim countries. Deficits in public budgets and shortages of financial resources are amongst the major constraints which stand against proper or full implementation of such targets. Extra efforts ought to be made by public and non-governmental organizations to support governments in getting over such fiscal and financial problems.  Waqf system, which is well established in Islamic culture, played a remarkable role in providing free education, medical treatment, mansions for poor and homeless, clean water and other utilities during the medieval period. Waqf in the Muslim societies was, for several political, legislative, economic and cultural reasons, either decaying or stagnating over the last five centuries, with some exceptions. The last fifty years have witnessed new waqf enterprises in several countries, but not necessarily concerning SDGs. This article aims at presenting fresh proposals that would help in reviving the role of waqf in the manner that is supportive to sustainable development efforts in Muslim countries.  Strategies for enhancing the mobilization of waqf resource at the Macro level are displayed. The SDGs are discussed, and their relative importance and priorities are determined from an Islamic perspective. Thereupon, the article analyses the best allocation and employment of the enhanced waqf resources in the manner that would best achieve the Islamic sustainable development goals within Muslim countries.
English
City
Doha, Qatar
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Conf. End Date
Select type of work
CIS Program Old
CIS publications
No
CIS Thesis
No