INTRODUCTION
THE
IMPORTANCE OF ENDOWMENT IN ISLAM
Brings in perpetual and ever-lasting blessings to the
bequeathed, relief and solace to the people.
The Holy Prophet of Islam (pbuh) encourages and exhorts the
believers to perform endowment:
By death the scroll of life gets folded for ever and the
person’s connection with the world is severed forever but 3
groups are exempted from it;
a scholar who has left behind a scholarly work as a reminder for
the guidance of the people;
a person who left behind endowments and charities by which the
people are profited
a good and pious off spring who remember their parents during
the supplications with goodness.
Follow the practice of most companions;
E.g.; Ali bin Abi Talib dug many wells and subterranean canals
and endowed all of them for the cause of public
welfare and charity.
Endowment comprises one of the important and outstanding laws in
the Islamic economics for establishing equality and social
justice.
Strengthens humanitarian values and egalitarianism in the
society can be sustained by that unity, love and affection.
Therefore, love and sacrifice dominate the society replacing
envy and enmity and creating a perfect and heavenly society
based on the mutual love, cooperation and affection of its
members. Obtained from the endowment are spent in the way of
Allah, which consist of the humanitarian service to organize
the economy and increase the standard of living both materially
and spiritually.
Endowments are one of the best and ever-lasting manifestations
of benevolence and charity, the best form of philanthropic
service, inheriting permanent values, resolving the difficulties
of the society and organizing its affairs on sound basis.
The economic problems can easily be resolved and it will also
result in regulating the economy.
Eradicate the poverty of the depressed and helpless people and
obtain the spiritual satisfaction by sustaining and nourishing
the poor and the needy.
Endowment can be considered as an important religious and
civilization assets. It can be relied on the betterment of
Muslim situations and effective contribution in the struggle for
renaissance and development.
Waqf movement participates in absorbing manpower and lessening
unemployment, which is a clear participation
to development.