The Difference Between Waqf and Gift
Machine translationRead the Arabic original
Question:
He asks, Shaykh, also about the difference between an endowment (waqf) and a gift.
Answer:
Waqf is holding back the principal and making the benefit available, whereas a gift is a transfer of ownership, a transfer of the asset itself. It is not holding back; rather, it is a transfer of ownership to the recipient, a transfer of title.
He asks, Shaykh, also about the difference between an endowment (waqf) and a gift.
Answer:
Waqf is holding back the principal and making the benefit available, whereas a gift is a transfer of ownership, a transfer of the asset itself. It is not holding back; rather, it is a transfer of ownership to the recipient, a transfer of title.
Source
نور على الدرب - الفوزان - 03/202 — archive.org (5:48)
The Arabic text is a machine transcription of the audio recording.