This institution has been existence from the very early days of Islam. It has always played an important social and economic role. The Waqf properties have traditionally financed expenditure on mosques, schools, research, hospital, social services and defense. Waqf (endowment) played an important role in the Islamic Arab and gulf societies in the past as well as in the present. In alleviating the suffering of the poor and destitute, the Waqf funds also played a very significant role in taking care of widows, poor and destitute, sick and disable, running health care and educational programmers, constructing and managing mosques and all other related institutions. The other importance of Waqf (endowment), the great importance Islam attached to it and textual evidence as to it is legislation in Islam. The importance of taking the founder’s conditions into account regarding the endowment’s with a view to supporting Islamic projects in the present and in the future. The importance of varying the beneficiaries of Muslim endowments in the military, scientific, religious, social, health and services fields in such a way as to help them gain strength and fulfill many of their needs. It is also includes guarding Muslim boards against enemy attacks, the army medical care, schools of medicine , helping the young to get married, the petrol service and in the cause of Allah in general. The researcher beneficiaries of endowment that must be set up today to satisfy Muslim’s needs. These include among other things, purposeful media programs and institutions (including the internal), centers and programmers for the education of youth.it also incudes, the spirit of Muslim brotherhood and achieving social solidarity among Muslims in all aspects of life and contributing towards the economic development of the Muslim
This institution has been existence from the very early days of Islam. It has always played an important social and economic role. The Waqf properties have traditionally financed expenditure on mosques, schools, research, hospital, social services and defense. Waqf (endowment) played an important role in the Islamic Arab and gulf societies in the past as well as in the present. In alleviating the suffering of the poor and destitute, the Waqf funds also played a very significant role in taking care of widows, poor and destitute, sick and disable, running health care and educational programmers, constructing and managing mosques and all other related institutions. The other importance of Waqf (endowment), the great importance Islam attached to it and textual evidence as to it is legislation in Islam. The importance of taking the founder’s conditions into account regarding the endowment’s with a view to supporting Islamic projects in the present and in the future. The importance of varying the beneficiaries of Muslim endowments in the military, scientific, religious, social, health and services fields in such a way as to help them gain strength and fulfill many of their needs. It is also includes guarding Muslim boards against enemy attacks, the army medical care, schools of medicine , helping the young to get married, the petrol service and in the cause of Allah in general. The researcher beneficiaries of endowment that must be set up today to satisfy Muslim’s needs. These include among other things, purposeful media programs and institutions (including the internal), centers and programmers for the education of youth.it also incudes, the spirit of Muslim brotherhood and achieving social solidarity among Muslims in all aspects of life and contributing towards the economic development of the Muslim