In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
A Waqf is an endowment and inherently has a charitable element to it. Although Waqf is charitable in nature, no contract in Islamic law can be executed for an unlawful objective. For example, a Waqf cannot be executed to fund unlawful activities such as alcohol distribution among the needy. Similarly, a property cannot be made into Waqf to serve as a casino. In fact, the jurists have mentioned that such a Waqf is Haram and unlawful. [al-Mawsu’ah al-Fiqhiyyah al-Kuwaitiyyah]
And Allah Alone Knows Best
Mufti Faraz Adam,
I Waqf Shariah Advisor