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The only significant distinction between the Islamic waqf and English trust was "the express or implied reversion of the waqf to charitable purposes when its specific object has ceased to exist", [55] though this difference only applied to the waqf ahli (Islamic family trust) rather than the waqf khairi (devoted to a charitable purpose from its ...
Charitable lead trusts are the opposite of charitable remainder trusts and make payments to charity for the term of the trust. Similar to a charitable remainder trust, payments may be either a fixed amount (charitable lead annuity trust) or a percentage of trust principal (charitable lead unitrust). At the end of the trust term, the remainder ...
The Evacuee Trust Property Board, (Urdu: ہیئت تولیتیی املاکِ متروکہ) a statutory board of the Government of Pakistan, is a key government department which administers evacuee properties, including educational, charitable or religious trusts left behind by Hindus and Sikhs who migrated to India after partition. It also ...
A charitable lead trust is a form of charitable trust that first distributes assets to the named charities. Once the assets have been distributed to the charities as specified in the trust, the ...
[Quran 2:43] They ask thee what they should spend (In charity). Say: Whatever ye spend that is good, is for parents and kindred and orphans and those in want and for wayfarers. And whatever ye do that is good, Allah knoweth it well. [Quran 2:215] Kind words and the covering of faults are better than charity followed by injury.
[8] Resembling more a secretive conglomerate than a charitable trust, these bonyads invested heavily in property development, such as the Kish Island resort; but the developments' housing and retail was oriented to the middle and upper classes, rather than the poor and needy.
Under the Anatolian Seljuk, Zengid, Ayyubid, and Mamluk dynasties (11th-16th centuries) in the Middle East, many of the ruling elite founded madrasas through a religious endowment and charitable trust known as a waqf. [29] [22] [6] [30] The first documented madrasa created in Syria was the Madrasa of Kumushtakin, added to a mosque in Bosra in 1136.
The name Hamdard (Urdu: ہمدرد) means "companion in suffering" in Urdu language. Hakim Hafiz Abdul Majeed was born in Pilibhit city of Uttar Pradesh, India, in 1883 to Sheikh Rahim Bakhs. He is said to have learnt the complete Quran Sharif by heart. He also studied the origin of Urdu and Persian languages.