Waqf is the permanent dedication of movable or immovable property by a Muslim for religious, pious, or charitable purposes recognized by Muslim Law.
Once a Waqf is created, the ownership of the property is transferred to God, and the property becomes inalienable. It cannot be sold, gifted, or inherited.
The income from the Waqf property is utilized for the purpose specified by the founder.
Waqf plays an important role in supporting religious institutions, educational activities, and charitable works.
Thus, Waqf is an important institution under Muslim Law that promotes public welfare and religious activities.
Example: A person dedicates land permanently for a mosque, orphanage, or school.