THE CONTEMPORARY MODEL OF FAMILY WAQF IN MALAYSIA

It was established that family waqf as an endowment in favour of one’s relatives and progeny is recognized as valid in shari’ah. It is generally acknowledged that the creation of waqf for the benefit of one’s relatives and descendent was an original innovation by Islam. The main objective of this study is to propose and conceptualize a contemporary structure model of family waqf based on a review of past studies.  The model is vital to providing a wider perspective of the process and characteristics of family waqf.  This will help the public to better comprehend the family waqf in order to properly practice it.  It can be inferred from concise review of related studies that the development and sustainability of family waqf depends on all its aspects and characteristics.  The  inclination  of  waqif  to  contribute  (generosity)  must  be maintained;  individuals  serving  the  role  of  mutawalli  should  improve  their  management skills,  insights  of  Islamic  scholars  must  be  taken  into  consideration,  while  the  responsibility of  Islamic  leaders  to  provide  full  support  must  be maintained  so that  family waqf  will  constantly be able to significantly  empower the Ummah.

Model, Family Waqf, Management.