Year
2018
Country
Qatar
Language
English
Abstract
| Waqf has enabled the building of mosques, school, hospitals, and water wells. The beginning of institutions may have been due to ‘Waqf’ charitable contributions until the state took more role and organized much of the institutions alongside profitable private entities. Furthermore, the state became more involved in the process of charitable work through the implementation of laws to guide the giving and the receiving of charitable contributions; some states have taken more control than others in relation to charitable work. In order to explore the role of charitable contributions in the development of the economy an initial consideration of a number of jurisdictions in which charitable trusts exist may be necessary. The paper, thereupon, explores the work of ‘Waqf’ and how it was used in Islam to build institutions needed by the society. It will initially discuss the legal framework in Qatar for charitable work and the exception of charitable trusts from the remit of the QFC Trusts Regulation 2007. Then it will explore the charitable trusts in the United Kingdom, the United States, and Singapore and will deal with the legal principles relating to charitable trusts in each jurisdiction. Finally, it will explore the impact of charitable trusts in the economy and their advantages and disadvantages, with the view of evaluating the impact of those charitable trusts (positive, negative or balance). |
English
City
Doha, Qatar
Conf. Start Date
Conf. End Date
Select type of work
Affiliations
Conference
CIS Program Old
CIS publications
No
CIS Thesis
No