(pl. awqaf), pious endowment or 'foundation' of certain incomes (commonly rents or land revenues) for the upkeep of a mosque, a hospital, etc. Sometimes the main purpose of such endowment was to provide entailed and unconfiscatable income for one's descendants.
an endowment, an irrevocable grant of the income of property set aside in perpetuity for a religious or charitable purpose. [in Turkish, vakif].
Endowment, a charitable trust in the name of Allah.
plural awqaf, a charitable trust, normally investing in businesses or vehicles that generate income to support a mosque, a school or other Islamic activities.
a foundation or investment whose profits will go solely for the benefit of an Islamic organization
an object that either itself or the whole of its revenue has been definitely dedicated to serve some religious or charitable purpose
a religious or charitable endowment, typically consisting of immovable property such as land or buildings
a domain constituted into a pious endowment, charitable trust
wuk-uf]: Term designating the giving of material property by will or by gift for pious works or for the public good. Properties with waqf status, such as schools or hospitals, remain so perpetually, providing endless benefit to the community and endless Heavenly blessings to the donor.
(plural: awqaf). Charitable endowment or trust set up in perpetuity.
also habous, an unalienable endowment for a charitable purpose.
A waqf (Arabic: وقÙ, plural اوقاÙ, awqÄf; Turkish: vakıf) is an inalienable religious endowment in Islam, typically devoting a building or plot of land for Muslim religious or charitable purposes. It is conceptually similar to the common law trust.