In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Waqf is said to be charitable when its income or usufruct is dedicated for a charitable purpose. [AAOIFI Shariah Standards]
And Allah Alone Knows Best
Mufti Faraz Adam,
I Waqf Shariah Advisor