Research & Reports

Research & Reports

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null Awqaf. Powerful Socio-Economic Vehicles.

Awqaf. Powerful Socio-Economic Vehicles.

Awqaf are powerful socio-economic vehicles that, if efficiently managed utilising Islamic finance facilities, have the ability to eradicate poverty, establish socio-economic justice and achieve equitable distribution in a society. These Islamic endowment structures are utilised to fund real economic activities or financial investments and the returns from these are then used to achieve the societal welfare and social benefits.