Setting cash waqf asset aside for future usage

By |2023-03-27T09:01:53+00:00September 1st, 2020|Fatwas, Waqf|

Can part of the cash waqf asset be set aside, in order to utilise it when needed during inflation? Financial institutions such as banks uses a process call ‘appropriation’ which is an allocation of the net profit of an organisation in its accounts. This allocation can be used to pay wages or to compensate for bad [...]