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waqf

Prophet Muhammad (PBUH) : The Economist

By Dr. Mansoor Durrani | The Economist | 27 Jan 2014

Malaysia reviews operations of Islamic endowments

Source : The Star | 28 Mar 2013

The Malaysian government is reviewing the operations of Islamic endowments as it seeks ways to have them run by private corporations instead of religious bodies.

Facilitating corporate management of Islamic endowments, known as awqaf or wakaf in Malaysia, is one of several initiatives announced by the government in September to boost the country's Islamic finance industry.

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