Who has ownership of the Waqf?
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Once an asset is designated as Waqf, the ownership is designated for God. The donor of Waqf loses the ownership of the Waqf asset. [Tartib al-Sunuf Fi Ahkam al-Wuquf]
And Allah Alone Knows Best
Mufti Faraz Adam,
I Waqf Shariah Advisor