In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
A Waqf does not immediately need to serve charitable causes. For instance, a private Waqf immediately serves oneself and one’s family. However, in the long-term, the Waqf will eventually serve charitable causes as per the outlines of the Waqf deed.
And Allah Alone Knows Best
Mufti Faraz Adam,
I Waqf Shariah Advisor