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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 ...
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 can either go back to the donor or to heirs named by the donor. The donor may sometimes claim a charitable income tax deduction ...
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.
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 ...
Technically religious charitable organizations, they have evolved into "giant private monopolies with no governmental oversight", [6] and are now described as channeling revenues to groups supporting the Islamic Republic, [7] while providing limited and inadequate charity to the poor. [2]
Waqf is a permanent dedication of movable or immovable properties for religious, pious or charitable purposes as recognized by Muslim Law, given by philanthropists. The grant is known as mushrut-ul-khidmat , while a person making such dedication is known as Wakif .
Charitable trusts in English law are a form of express trust dedicated to charitable goals. There are various advantages to charitable trust status, including exemption from most forms of tax and freedom for the trustees not found in other types of English trusts. To be a valid charitable trust, the organization must demonstrate both a ...
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