اسلامی معاشرےمیں وقف کا معاشی کردار The economic role of Waqf in Muslim Society Section Islamic Studies

Abstract

Waqf has very important social and economic role in Islamic history. From the reign of the Holy Prophet and the era of the Companions until the Ottoman Caliphate, the solution of the problems of different sections of the Islamic society, informing the needy and poor sections and at the same time. Providing them with economic stability, taking various developmental measures for the welfare of the common people has become possible thanks to the best management of the Muslim Ummah. At present, the Muslim Ummah is actively involved in the efforts of revitalizing the Shari'ah in the economic field. Scholars, muftis and Islamic scholars are working day and night to change the prevailing capitalist system and other prevailing methods of financing in Islamic societies through interest, gambling and other methods. Prohibitions should be cleansed from shariyya, so that Islamic societies can gradually come towards pure Islamic economic system. In this regard, scholars and Islamic scholars have presented the prevention of prohibited and illegal commercial and economic activities as well as its alternatives in terms of each sector. For example, the requirements of banks to get rid of conventional banks from interest. According to the situation, different types of sale have been introduced, Murabaha, Salam, Ijarah, etc. Similarly, Takaful system has been introduced as an alternative to the insurance system which contained prohibitions like usury, gambling and gharar in its various models.