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Waqf

2020
Modern Islamic Finance and Banking is competing with the conventional banking on many levels. There are tensions between the definitions of ‘Riba ' and ‘Hiyal' that continuously stress the need for Islamic Sharia Boards to update the Sharia Compliance for their products. The concept of ‘Waqf' is the Islamic concept of an endowment Trust.
Hassan Syed, Sema Yilmaz Genç
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Istibdal Waqf

The Economic Review of Pesantren, 2022
Land waqf in Indonesia continues to grow, but there are waqf lands that are unproductive because they are located in not strategic areas, so there is a need for Ibdal or Istibdal Waqf but, there are differences of opinion from some Muslim scholars regarding Ibdal or Istibdal.
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