Islamic World
A waqif is an individual or entity that establishes a waqf, which is a charitable endowment in Islamic law. This concept involves dedicating assets or property for a specific purpose, such as religious, educational, or social causes, and the waqif retains the right to determine the conditions of the endowment. The waqif plays a crucial role in ensuring the proper management and use of the endowed resources according to Islamic principles.
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