Review :: Powers on the Role of Endowments, waqf, in Inheritance

Centuries before the trust was developed in English common law, Islamic law developed the waqf, or endowment. The waqf allowed a property owner to separate the title to a property from the entitlement to its revenues. Through the waqf ahli, or family endowment, created either during life or as part of a will, a Muslim could gain greater … Continue reading Review :: Powers on the Role of Endowments, waqf, in Inheritance