ISLAMIC WAQF GOVERNANCE: A HISTORICAL ANALYSIS FROM THE PROPHETIC ERA TO THE OTTOMAN EMPIRE
DOI:
https://doi.org/10.53840/ijiefer238Keywords:
Islamic Waqf Governance, Historical Analysis, Institutional Development, Islamic Economics, Ottoman Empire, Prophetic EraAbstract
This study examines the evolution of waqf governance from the Prophet’s era to the Ottoman Empire to derive historical principles relevant for modern Islamic economic institutions. Using qualitative methods based on classical sources, archival records, and contemporary research, the analysis shows that waqf governance developed continuously: starting with ethical stewardship in the Prophet’s era, followed by legal codification under the Rashidun, bureaucratic oversight during the Umayyad period, and more systematic diversification in the Abbasid and Mamluk eras. The Ottoman Empire reached the most advanced stage through centralized ministries, vakfiye documentation, and cash waqf instruments. Overall, history shows that waqf governance has been adaptive, combining ethical values with institutional and financial innovation. The study recommends that modern waqf institutions strengthen documentation, standardization, asset productivity, and financial innovation to enhance transparency and socio-economic impact.
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