Role of Waqf in Social Welfare Financing in Nigeria

Idowu Khadijah Adeola, Oyedokun Olaitan Azeez, Sikiru Taoheed Oladehinde

Abstract


This paper examined the role of waqf (endowment) on social welfare financing in Nigeria. Waqf, an endowment (donation), is one social welfare tool in Islam guided by Islamic law. Sustainable wellbeing is one of the goals of Waqf. This is one of the means through which Islam finances charitable organizations. The expository method is used in this work. In order to properly utilize permanent societal contributions, the institution of waqf can fill the void as a social finance institution by offering intermediation services. The waqf's flexible regulations allow it to offer a broad range of social services and to assist recipients directly or through financial institutions. The paper explained the concept of waqf and made a case for the practical applications of waqf; it recommended more public awareness of the institution and a more efficient means of leveraging the potential of altruistic giving for improved economic outcomes in the targeted social segments of society.

Full Text:

XML PDF

References


Abdullahi, M. (2019). Waqf and Social Development in Sokoto State. Sokoto: Sultan Bello Mosque Waqf Fund. Sultan Bello Mosque Waqf Fund Publications.

Abdulkadir, A. (2019). Waqf and Social Welfare in Nigeria: Challenges and Prospects. Journal of Islamic Studies, 30(1), 1-20.

Adekunle, A. (2018). Waqf and Social Welfare in Osun State. Osogbo: Muslim Community Waqf Fund in Osun State. Muslim Community Waqf Fund Publications

Aliyu, M. (2017). Waqf and Social Welfare in Nigeria: An Empirical Study. Journal of Islamic Business and Management, 7(2), 1-18.)

Aliyu, M. (2019). Waqf and Social Development in Nigeria. Abuja: National Waqf Fund. Publisher: National Waqf Fund Publications

Ahmed, A. (2018). Waqf and Social Welfare in Nigeria. Journal of Islamic Finance, 7(1), 1-15.)

Belgore, M. (2020). Waqf and Education: A Case Study of University of Ilorin Waqf Fund. Ilorin: University of Ilorin Waqf Fund.Publisher: University of Ilorin Press

Bello, M. (2020). Waqf and Social Development in Zamfara State. Gusau: Zamfara State Waqf Fund Publisher : Zamfara State Waqf Fund Publications

Habeebah S F, Saheed A. B, Bilkis L. S (2022), Waqf Effectiveness in Nigeria: Problems and Solutions. Journal of Islamic Finance Vol. 10 No. 2 (2021) 79-89 IIUM Institute of Islamic Banking and Finance ISSN 2289-2117 (O) / 2289-2109 (P)

Is-haq, O. O. (2015). Islam in Nigeria: A century of national Islamic societies. Journal of Islam in Nigeria, 1(1), 1.

Muhammad, B. (2019). Waqf and Education in Nigeria. Kano: Kano State Waqf Fund. Publisher: Kano State Waqf Fund Publications

Muhammad, B. (2019). Waqf and Social Development in Kano State. Kano: Kano State Waqf Fund. - Publisher: Kano State Waqf Fund Publications

Muhammad, I. (2020). The Role of Zakat in Supporting Islamic Education in Nigeria. Minna: Islamic Education Trust.

Muhammad, U. (2019). Waqf and Social Development in Abuja: A Case Study of Al-Habibiyyah Islamic Society Waqf Fund. Abuja: Al-Habibiyyah Islamic Society Waqf Fund. Al-Habibiyyah Islamic Society Publications

Muhammad, U. (2020). Waqf and Poverty Alleviation in Nigeria. Abuja: Abuja National Mosque Waqf Fund. Publisher: Abuja National Mosque Waqf Fund Publications

Ostien P. (2007), Sharia Implementation in Northern Nigeria 1999-2006. A Source Book, Ibadan: Spectrum Books Limited, pp. 1-115

Oseni, U. A. (2019). Waqf as a Tool for Poverty Reduction in Nigeria. Journal of Islamic Economics, 10(1), 1-20.)

Oyebamiji, A. (2018). The Role of Waqf in Social Welfare in Nigeria. Lagos: Lagos State Waqf Fund. Publisher: Lagos State Waqf Fund Publications

Oyedokun, O.A (2023.): Impact of Zakat, Sadaqah and Waqf on socio- economic development of Muslims in Osun State. An unpublish Master degree dissertation submitted to department of Religious Studies, Tasued Ijagun Ijebu-ode.

Sani, M. (2019). Zakat and Humanitarian Aid in Nigeria: A Study of Muslim Aid Nigeria. Abuja: Muslim Aid Nigeria

Umar, A. (2020). The Role of Waqf in Social Development: A Case Study of Abuja National Mosque Waqf Fund. Abuja: Abuja National Mosque Waqf Fund. Abuja National Mosque Waqf Fund Publications

Yusuf, M. (2020). Waqf as a Sustainable Source of Funding for Social Welfare Programs in Nigeria. Journal of Islamic Finance and Accounting, 11(1), 1-25.)




DOI: https://doi.org/10.32535/jicp.v7i3.3725

Refbacks

  • There are currently no refbacks.


Copyright (c) 2025 Idowu Khadijah Adeola, Oyedokun Olaitan Azeez, Sikiru Taoheed Oladehinde

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Flag Counter

Published by:

AIBPM Publisher

Editorial Office:

JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone:+62 341 366222
Email: journal.jicp@gmail.com
Website:http://ejournal.aibpmjournals.com/index.php/JICP

Supported by: Association of International Business & Professional Management

If you are interested to get the journal subscription you can contact us at admin@aibpm.org.

ISSN 2622-0989 (Print)
ISSN 2621-993X (Online)

DOI:Prefix 10.32535 by CrossREF

Journal of International Conference Proceedings (JICP) INDEXED:

 

In Process


This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.