Islamic Finance: Using Cash Waqf as a Socio-Financial Tool
INCEIF
  • Start Date: 27 Nov, 2023
  • 3 weeks
  • Study Content: Videos


Delve into the principles, applications, and societal impacts of cash waqf – a vital tool in Islamic finance.

Course Fee: Free
Certificate Cost: See Fees and Eligibility

Course Description

This course is made available through the eLearnAfrica and FutureLearn partnership.

Understand how cash waqf can address socio-economic challenges


Cash waqf is a type of non-profit donation that should maintain its original cash capital. It’s an important tool in Islamic finance used for societal benefit.


On this three-week course, you’ll develop a comprehensive understanding of cash waqf and its pivotal role in addressing socio-economic challenges tailored to the diverse needs of societies.


You’ll cover the principles, practical applications, and governance structures crucial for maximising the impact of cash waqf initiatives.


Delve into cash waqf models


Diving into the development of innovative cash waqf models, you’ll uncover their versatile applications.


This exploration will help you understand how these models can meet diverse financial needs. What’s more, you’ll gain valuable insights for navigating the evolving landscape of Islamic finance.


Explore the social impact of cash waqf models


With an understanding of cash waqf models, you’ll explore their societal impact, focusing on their influence within Muslim societies.


Within this, you’ll analyse successful cases of cash waqf to understand best practices. This will position you to contribute to impactful initiatives in your career.


Develop your knowledge of social finance and Islamic finance


Finally, you’ll explore the wider impacts of cash waqf. You’ll investigate its contributions to poverty alleviation, education, healthcare, job creation, and infrastructure development.


By the end of the course, you’ll understand how cash waqf can drive positive change. You’ll also be well-equipped to play a significant role in advancing social and Islamic finance as an individual, within organisations, or as a policymaker.


This course is designed for students, shareholders of corporations and Islamic banks, and anyone interested in cash waqf.


You’ll learn how cash waqf models can be applied in your institution for the benefit of society.


Certificate cost may vary. You will be redirected to the host page for cost and payment options.

INCEIF

This university is part of the partnership between eLearnAfrica and FutureLearn.

This institution is available on eLearnAfrica through partnership with FutureLearn.

You may be able to download course materials after enrolling in this course. If not, all of the necessary course materials provided by the course instructor will be available on the provider's course page.
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Effective Date: September 22, 2016