Fatwa's Insights - Waqf, Mosque dan Funeral Management

THE 59TH MEETING OF THE PERLIS STATE FATWA COMMITTEE / 2022

14 - 15 SEPTEMBER 2022 / 17 - 18 SAFAR 1444H

FATWA CONCERNING CASH WAQF

After examining arguments from various levels, whether classical references or contemporary fatwas, the Perlis State Fatwa Committee concludes as follows:

1. Cash Waqf, namely making cash as mauquf or endowed property is permissible. This is in the form of endowing a sum of money to be utilized through investment or lending, whereby the principal value (that which is endowed) remains protected.

2. Cash Waqf may also be executed in the form of converting cash into physical assets such as buildings, machinery, vehicles, or trade goods to generate benefits that shall be given to the waqf beneficiaries.

3. Temporary Cash Waqf is likewise permissible, whereby the duration of the value of the cash waqf that is endowed is stipulated or limited to a specific period, such as endowing a sum of money to be utilized for investment purposes for a certain period and reclaiming it upon the expiration of that period, while the yields are disbursed to the waqf beneficiaries.

Approval of the Members of the Perlis State Fatwa Committee:

1. YBhg. S.S Profesor Dato' Arif Perkasa Dr Mohd Asri Bin Zainul Abidin – Mufti of the State of Perlis

2. Sahibul Fadhilah Ustaz Tajul Urus bin Abdul Halim – Deputy Mufti of Perlis

3. Sahibul Fadhilah Dato' Kaya Bakti Dr. Mohd. Radzi bin Haji Othman

4. Sahibul Fadhilah Dato' Dr. Johari bin Mat

5. Sahibul Fadhilah Profesor Dr. Basri bin Ibrahim

6. Sahibul Fadhilah Prof Madya Dr. Muhamad Rozaimi bin Ramle

7. Sahibul Fadhilah Dr. Hj Zaharuddin Bin Hj Abdul Rahman

8. Sahibul Fadhilah Prof. Madya Dr. Azman Bin Mohd Noor

9. Sahibul Fadhilah Dr. Kamilin bin Jamilin

10. Sahibul Fadhilah Dr. Ahmad Sufian Bin Che Abdullah

11, Sahibul Fadhilah Prof Madya Dr Ahmad Wifaq Bin Mokhtar

12. Sahibul Fadhilah Ustaz Syed Abu Bakar Bin Syed Kamal Bharin

13. Sahibul Fadhilah Dr. Muhammad Lukman Bin Mat Sin

14. Ustaz Muhammad Khidhir Bin Abdul Ghani – Secretary

Endorsed at the Meeting of the Perlis Islamic Religious Council and Malay Customs (Majlis Agama Islam dan Adat Istiadat Melayu Perlis) Bil. 5/2022 on 22 September 2022.