Assets

Can gold be given as Waqf?

Gold is a moveable asset which now has customary practice of Waqf designation. Based on the principles mentioned by classical jurists, a moveable asset which is customarily designated as Waqf can be allocated as Waqf.

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Can shares be given as Waqf?

Shares can be designated as the underlying Waqf asset. The shares will be the Waqf asset regardless of their fluctuating value. Any dividend received will be distributed to the Waqf beneficiaries.

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