In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
There are different categorisations and taxonomies of Waqf. In relation to the different types of beneficiaries, there are four types of Waqf:
- The charitable Waqf (al-Waqf al-Khayri),
- The family Waqf (al-Waqf al-Ahli),
- The joint Waqf (al-Waqf al-Mushtarak) and
- Self-dedicated Waqf (al-Waqf ’Ala al-Nafs).
Waqf can be categorised whether it serves a private few or the public as:
- Public Waqf
- Private Waqf
Waqf can be categorised according to the underlying waqf asset. This can be categorised as:
- Property Waqf
- Corporate Waqf
- Cash Waqf
And Allah Alone Knows Best
Mufti Faraz Adam,
I Waqf Shariah Advisor