Waqf Proposal

Question

Mr A wants to create a holding trust with a income earning property as its sole asset.

The following will be beneficiaries of the above holding trust.

XYZ Charitable trust – 60% ( this trust will receive 60% of the income and 100% of the capital on the termination of the above trust).

Mrs A – 40% (Mrs A will receive 40% of the income and nothing from the capital).

On Mrs A’s death, 100% of the income and capital will all accrue to the benefit of the charitable trust.

Please advice if this can be implemented from a Shariah prespective.

Mufti Hussein Issa · Accepted Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

The Waqf proposal stated in the query is permissible.

And Allah Ta’āla Knows Best

Mufti Hussein Issa,
Mozambique

Checked and Approved by,
Mufti Ebrahim Desai.
www.daruliftaa.net

Question