Securities and Exchange Commission of Pakistan (SECP)

Pakistan regulator moves to reinvigorate ‘waqf’ charitable endowments for Islamic social finance

Pakistan regulator moves to reinvigorate ‘waqf’ charitable endowments for Islamic social finance

  • In Islamic tradition, waqf charitable endowments, or religious donations, are made by Muslims to benefit the community
  • Historically, the instrument has funded education, health care and social welfare, supporting institutions like Al-Azhar
By Ismail Dilawar ·