Does a Waqf need to be recognised in one’s legal jurisdiction?
Although ‘Waqf’ does not need to be recognised as a Waqf in the law, the Waqf must be structured in a manner which is captured in an appropriate legal framework...
Does one lose the ownership of Waqf?
Yes, ownership of an asset is lost when it is made into a Waqf. As a result, one cannot do what he wants with a Waqf asset.
Does a Waqf have to be perpetual?
A perpetual Waqf is the most beneficial and most practiced form of Waqf. Waqf should be perpetual by default.
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