Ep 196. - How Waqf Endowments Built The Foundation of Muslim Society with Maulana Tahir Talati

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The Waqf, or endowments, is an age-old Islamic method of supplying public services. Throughout Islamic history, this third space enabled entrepreneurs and the monied to donate to causes that would multiply their reward. Many of the key services from health to education in history were funded by this method and it became a model of giving, emulated by many Westerners. Oxford University, it is said, built its endowment structure on the Waqf model. But what is a Waqf, and why do many call for its reintroduction today? My guest believes in this forgotten sunnah, and has set up an organisation the National Waqf. Maulana Tahir Talati heads the National Waqf, an organisation looking to revive the practice of Awqaf.

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Transcript - This is an AI generated transcript and may not reflect the actual conversation

Introduction

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so if you're a colonial power and you're coming  into a country they made a concerted effort to   dismantle the weal the first University which  today is known as Jam was actually built and  

0:09

that was a w he was amazed at the number of  endowments that were set up in Damascus the  

0:14

W in the ottoman era was so powerful that a  person would be born in a hospital which was  

0:20

funded by the W when an individual passed  away the very coffin that they were buried   in was funded by the W the W supported a  individual literally from Cradle to grave  

0:32

the state is supreme and the state controls  everything they gave autonomy and control to   the local population to the local community  W is about empowerment W sustains the Muslim

0:41

Community the walk or endowments is an age-old  Islamic method of supplying Public Services  

0:52

throughout Islamic history this third space  enabled entrepreneurs and the money to donate  

0:58

to causes that would multiply their reward many  of the key services from health and education in  

1:04

Islamic history were funded by this method and  it became a model of giving emulated by many  

1:10

westerners Oxford University it is said built  its endowment structure on the wak model of  

1:17

the Ottoman state but what is wak or its plural  ala and why do many call for its reintroduction  

1:24

today my guest believes in in this forgotten  Sunnah and has set up an organization ation  

1:30

for National W MTI heads the national W an  organization looking to revive the practice

1:37

of and welcome to the think well look  this is a really interesting subject  

1:46

and actually I I went to a a lecture that  you gave and I found it very revealing um  

1:52

I I think it's a subject that many of my  viewers would probably not know very much   about so we're going to have to start from  the very basics then build it up inshallah  

2:01

so let's just talk about W for Al um  uh how do we Define w in the Islamic

2:07

tradition so literally in the Arabic language  refers to to pause or to restrict from an Islamic  

What is Waqf?

2:19

perspective though you don't find the term W  in the Quran or in any of the the framework  

2:25

for w was set out and outline very clearly  by the prophet sallallahu alaihi wasallam   so from a definition perspective what means  to restrict and in terms of and endowments it  

2:38

refers to the Restriction of an asset and  the transferring of the ownership of the   asset from the individual to Allah subh in the  time of the Prophet sallallahu alaihi wasallam  

2:49

as W is the tradition of w goes all the way  back to the prophetic times yeah and it's a  

2:55

prophetic Sunnah as you mentioned the early  Scholars after the time of the Propet defined

3:01

as meaning the Restriction of the asset  transferring of the ownership of the asset from  

3:09

a private individual from an organization from  an entity from a government to Allah subhanahu wa   tala and the benefits that come from that asset is  then given to the community at large and when we  

3:21

mean restriction we mean that once a particular  asset has been designated as a wealth that can  

3:28

no longer be transferred the ownership can no  long it can no longer be sold it can no longer   be inherited and it can no longer be given as  property and ownership of anybody else it's been  

3:37

exclusively permanently perpetually been given to  Allah subhah wa tala okay so I want to understand  

Purpose of Waqf

3:43

this so um the the idea here is that uh you have  an asset and that asset now becomes the property  

3:51

of Allah subhana wa tala and so what you can't own  it an individual can't own it you can't transfer  

3:57

it you can't inherit from correct you can't okay  and and what's the what's the purpose of holding  

4:02

on to this asset then okay so for example I have  this cup it's in my possession I actually own the  

4:09

cup I bought it it's in my possession I own the  cup now if I want get one by the way thank you if  

4:14

I wanted to designate this cup as a w yes I would  make the intention that from this moment onwards  

4:19

this cup is now W that means that I no longer own  it I can't do as I please with it when it was in  

4:25

my ownership if I wanted to destroy a if I wanted  to gift it to you if I wanted to sell it and if   I want to leave it in my inheritance I could yes  the moment I've designated as W the ownership now  

4:34

transfers to Allah okay then I have to stipulate  as the as the W as the person who's designating  

4:41

this cup as a w what I want the W to be used the  cup to be used for so I can say that the purpose  

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of this cup brother Jal is every time someone  comes into a studio I want you to give them   water in this cup so now that's the designation  of the cup as a permanent endowment it's perpetual  

4:59

you can never be used for any other cause and I've  also stipulated the condition for which I want and   the benefit I want yeah so how does W uh because  it's it's a given how does a a w differentiate or  

Waqf vs Zakat

5:10

how do you differentiate between a wak and zaka  for example so the difference between zaka and  

5:16

zaka is very clearly outlined by Allah subhah wa  T in the Quran the prophet sallallah Al mentions  

5:21

in the narration that zaka is 2.5% of a muslim's  wealth uh as long as a a Muslim has um the nisab  

5:29

which is the minimum threshold for paying zaka  then they have to pay 2.5% of all of their um   wealth and more importantly The Avenues in which  zaka can be spent have been clearly defined by  

5:38

Allah in the Quran so in Allah mentions the  verse and then there are eight avenues that  

5:44

Allah subhana mentions so the zaka the expenditure  of zaka have to be restricted to those uh causes  

5:51

that Allah has very clearly defined s on the  other hand is voluntary charity so you and I  

5:57

many Muslims around the world give charity on a  daily basis that charity is s which is voluntary   charity the usage of that charity is far more  flexible the scope of usage of the charity is  

6:07

far more flexible and W is a type of not Zak  so a voluntary charity that's been given the  

6:14

key difference of course with the w was as we've  mentioned earlier is the perpetuity s and we'll  

6:19

touch on this later on is if I give charity once  that charity has been given once and the money  

6:24

has been used or the clothing or the food items  have have been used with W the key teacher is  

6:30

the sustainability is the longevity is the fact  that when I give my S when I give my charity in a  

6:36

wealth then that's going to remain forever for as  long as Allah subhana wills and and how comes how   can it remain forever what is it about the work  that allows it to be Perpetual of course it's  

6:46

the intention and that's the key thing in in in  Islam every action revolves around the intention  

6:53

with which the action is being carried out so  in the case of w the key feature there is the  

6:58

person the W who is giving um the benefactor who's  giving the W has made the intention that from this  

7:04

point onwards if I am giving a charity towards a  w I'm donating I'm giving a donation towards a w  

7:09

my intention is that I am giving charity towards  a w and whatever the purpose for which that W has  

7:15

been set up the money will remain in that for  as long as Allah Wills so if for example I say  

Different Waqfs

7:21

uh I leave in my my inheritance my will that my  house correct is going to be Al right or not my  

7:28

inheritance because that's maybe more problematic  I say now I'm going to leave my house is now a an  

7:34

ala property a wak property so that means now that  uh the ownership of that house is transferred to  

7:41

Allah subhana wa tala and all the profits that  may come from rental whatever it may be exactly  

7:46

that that uh Prophet goes to charity exactly so  now you as a person who is the benefactor you're  

7:52

the one that's designating your house as a wealth  you will decide when you decide to designate your  

7:57

property as a wealth you will say okay my property  is what from now on for example you have private  

8:03

So a family W this concept exists and we we'll  mention this even from the time of the messenger   of Allah sahu alai wasallam the precedent has  been set came to the prophet once and he said oh  

8:15

messenger of Allah I've got a piece of land which  I received at it's the most valuable asset that I   possess yes the most valuable piece of land that I  have what should I do with there the prophet says  

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to him and this is where the concept of w comes  from he says to him why don't you give the land  

8:29

as weal meaning give it so that and transfer  the ownership to Allah and allow people to   benefit from the produce of the land So based  on that suggestion of the Prophet sallallah Ali  

8:39

wasallam designated his piece of land as W so it  was never to be sold never to be gifted never to   be inherited and he made an intention that the  produce from the land whatever was going to come  

8:48

out the benefits that were going to be extracted  from the land was going to be used for the benefit   a for his family members and also for the Muslim  Community at large so in your case you could very  

8:57

well designate that my property is W so it can't  ever be sold and transferred but I stipulate that  

9:03

it is going to be primarily for the benefit of  my descendants so anyone from my family members   that needs a place to stay they can stay in  my house for free and then if the the house  

9:14

is the property is vacant I also add a condition  that it is there any traveler to say for example   any Muslim that needs to benefit okay that's  interesting so uh how prevalent were these W  

9:25

or these ala in Islamic history okay so right  down from the time of the Prophet sallallahu   alaihi wasallam if we consider that a Masid is  also a form of w because the Masjid is not in  

9:35

the ownership of any individual right nobody can  buy or sell a Masid once it's been designated then  

9:40

it's now in the ownership of Allah then we can say  that when the prophet sallallahu alaihi wasallam   migrated from Mak to M he built the first Masjid  in Islam which was m so technically speaking MBA  

9:50

was the first W he then arrived in Medina and  he built M that was also a the first recorded  

9:57

incident in the Hadith is when Allah revealed  the verse of the Quran at the beginning of the fourth you will never attain true piety until you  spend from that which you love a companion by the  

10:11

name of he came to the prophet sallallahu alaihi  wasallam and he said oh messenger of Allah Allah  

10:16

has revealed this verse of the Quran that you will  never gain true piety and righteousness until you   spend from what you love the most prize asset that  I possess and I own is it's this date palm Garden  

10:27

that I have so from From This Moment onwards  I give it in charity for the sake of Allah the  

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prophet Sall wasam actually remarked at the time  what an excellent gift that is what an excellent   means of Charity that is and then he gives him a  suggestion why don't you give that Garden for the  

10:43

benefit of your family members and for the Muslims  at large so says okay he goes home he speaks to  

10:48

his family members he speaks to his wife and he  says that this date Orchard this Garden From This  

10:53

Moment onwards I have designated it for the sake  of Allah so we can no we are no longer the owners   of it she actually in some narrations it mentioned  she says to him that when you made the intention  

11:03

did you also make intention for me so he says yes  I made intention and she was very happy she said   this is also what I was thinking that I want to  be part of this a and this reward that from this  

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moment onwards this Garden is now work for the  sake of Allah subhana waala if we move a bit on   there was actually a non-muslim Jewish scholar  by the name of M he was very impressed by the  

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prophet sallu alaihi wasallam and in his will he  stipulated that when I die the land that I leave  

11:28

behind I want it to be given to Prophet Muhammad  now there's a difference of opinion as to whether   he actually accepted Islam or not but on his death  his instructions were carried out and there were  

11:38

seven or eight pieces of land that he owned and  they were given to the prophet Sall wasallam the   messenger of allaham designated each of them as  a w and allowed them to be used for the benefit  

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of the Muslim Community you then go forwards you  have obviously the very famous One The Well of   Ruma Thea which is now known as The Well of when  the Muslims first arrived in Madina there was a  

11:57

shortage of sweet water to drink and so there  was this well which was owned by a particular  

12:03

individual at the time who was not a Muslim and  he was charging a very high sum of money for   locals to use the well and to benefit from the  water so the messenger ofam seeing the need of  

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the people one day addressed his companions and  said who will purchase this well and give it for  

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the Muslim Community so says I will take the the I  will take that on he approaches the individual and  

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he offers to buy it of him he refuses to sell so  eventually they agree on a deal where says I will  

12:31

purchase half of the well and you own half of the  well so one day I will own it the other day you   have ownership he agrees so on the day that owned  the well or it was his turn to benefit from the  

12:42

water he made a public announcement that anybody  that wants to benefit from the water of the well   is free to do so and so everyone used to come  on that day and take the water and then the next  

12:51

day which was the ownership of that particular  individual very few people used to go because he   used to charge large amounts eventually he sold  it and purchased the entire well the prophet  

13:01

actually said to him at the time when he made the  announcement who will buy this well in exchange   for Jenna and as on many different occasions  he took on the responsibility the power of w  

13:12

is something which can be demonstrated from this  act of so400 years ago he purchased The Well of  

13:18

Ruma the well was designated as a w even beyond  the life of it was used to it was used to provide  

13:27

water to the inhabitants of Medina not not only  that but it the water from the well was used to   irrigate the plants the crops and the farms around  the well that well still exists till this day the  

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Saudi authorities have taken over management of  the of of the well and of the W ofman and believe  

13:44

you for 1,400 years later that well annually  generates an income of 50 million Saudi r,  

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1400 years ago purchased the well it's now  generating an income of almost 50 million  

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Saudi reals until this day the produce that  comes from the water in the well the Farms the  

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date palms in and around that produce uh dates  Etc the those that manage this W they give half  

14:10

the produce to the poor residents of Madina  so they benefit from it and the other half of  

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the investment the Returns on the investment are  reinvested back into the well the W of so the of  

14:23

continues to grow now this was in the time of  the Prophet when designated his piece of land  

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as as a w he asked the companions to witness the  agreement when they saw that the khif of the time  

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was actually donating the land that he owned as W  many of the they followed suit is a companion who  

14:47

was witness at the time when he was drafting the  the W deed he says that on the back of that all of  

14:53

the major companions who could afford to donate a  piece of land an asset or some something they had  

15:00

their own wealth so all of the famous companions  the wives the Blessed wives of the Prophet they  

15:06

all had their own and this was in the time of  the Prophet wasam if you move forward you move  

15:12

forward from the lives of the Companions and and  and you move forward slightly in the third and   fourth Century after the prophet that's when the  of began to be codified and as I mentioned that's  

15:22

when the scholars came up with the definition of  what the W entailed yeah you'll find that one of  

15:29

the earliest institutions of for the benefit of  the community at the at large was so this was  

15:37

the first ever University in the world and this  was a contribution you can imagine not only which  

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benefited the Muslims at the time but that that  Sunnah in essence that action has been emulated  

15:49

across the globe and now you have universities all  over the world ftim was the name of the lady she  

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inherited some wealth from her father and she and  her sister donated and designated aspects of that  

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wealth as well so what she did is she purchased  a piece of land and she said that I want a Masid   to be built on this land and alongside a Masid  an institution was built the first University  

16:11

which today is known as J was actually built and  that was aw you move forward again then you have  

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the famous alar university in the 10th Century  again an endowment aw which stands still today  

16:24

generating millions of dollars of Revenue and the  the dollars the the revenue is then the proceeds  

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of the W is then reinvested back in and used for  the benefit of of the university and to provide   services for the community move forward again you  have actually the famous n madasa so IM gazali was  

16:41

actually a professor in the N madasa which was  a weal if you then move forward you known batuta  

16:47

the famous traveler he actually documents in his  journals that when he went uh to Damascus he was  

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amazed at the number of IND ements that were set  up in Damascus and he actually wres he he says  

17:02

that I can't believe how many different causes  and how many different people benefit from the  

17:07

endowments and the a of Damascus he says there is  a w that looks after animals there is a w that's  

17:13

been primarily set up to provide jewelry and  clothing for a bride a W's been set up to support  

17:20

people who don't have utensils in their house  explain that bride thing to me so for example   there is a woman who is about to get married yeah  and she can't afford to purchase jewelry for her  

17:32

wedding for her wedding day she can't afford to  purchase a good dress for her wedding day there   was a w that was set up the primary objective of  that W was the proceeds from that W would be given  

17:43

to anyone who is about to get married and wants to  use the funds from the W to purchase jewelry for  

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example to purchase uh wedding dresses for their  wedding day so that's to that's how creative they  

17:54

were that's how far and wide influencing wide  reaching the aath were in those times then of  

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course in the time of the Ottoman era and it's  no exaggeration to say actually the historians   mention that at the peak of the Ottoman area the  W supported a individual literally from Cradle to  

18:13

grave and the historians mention that the Ottomans  had actually set up a w system which they call the  

18:19

K system the Kia system in essence was they would  get a piece of land and they would build a Masid  

18:24

there that entire land was designated as W they  would build a Masid and surounding the Masjid they   would build other institutions so there would  be other buildings some would be colleges some  

18:33

would be madrasas some would be soup kitchens some  would be for example for health to to treat people  

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and as time went on and the leaders were replaced  each would come and build a new one and they would  

18:45

VI with one another to see how many services they  could actually provide for their local community   and till this day actually if you visit Turkey  especially in Istanbul in the masjids in the  

18:54

courtyard you'll find a pillar um which it's like  a stone pillar and it's got a concave Hollow top  

19:03

the idea was any person rich or poor that wanted  to give charity whether it was monetary charity  

19:09

whether it was items of food they would come and  secretly leave the charity in the pillar and any  

19:16

poor individual who needed to benefit from the  charity and whilst maintaining their dignity  

19:21

whilst avoiding the concept of reaching out and  begging they would come to the courtyard and they  

19:26

would take whatever they needed from that and they  would use it for their purposes and this still   exist today so the W in the ottoman era was so  powerful that a person would be born in a hospital  

19:38

which was funded by the wealth the cradle that  the child slept in would be funded by the weal  

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the the schools the colleges the universities  that the child received education as growing up  

19:50

they were funded by the wealth even the medical  services that the adults would require anyone in  

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the community would require was funded by the W  to the extent that when an individual passed away  

20:01

the very coffin that they were buried in the very  stretches that were used to transport the body to  

20:07

thean was funded by the W and the grave was funded  by the W so literally from Cradle to grave the W  

20:13

supported the entire institution and he supported  the entire community so that that's really  

Role of state

20:19

fascinating stuff um uh explain then the role of  the state because of course we live in uh Modern  

20:25

Nation States where the state is mive the state  is a very big Enterprise and the state provides  

20:33

services they provide all of those Services  you mentioned in your last comment that's all   provided by the state right uh did the state the  ottoman State the ottoman sultanate Theif did it  

20:45

have any part to play in organizing these WS okay  so you had the public yes so public uh government  

20:53

for example uh organizations that would set up  an endowment for public services money come from  

20:59

for for those so that would be either from the  government so for example in in in this modern   day and age yeah you've got an example of a work  which is the zamzam tower complex in Mak okay so  

21:09

the actual complex was built upon the money which  was donated by the Kingdom of Saudi Arabia right  

21:15

so you'll actually see on the clock tower it  says Malik ABD so it's been donated by the the  

21:22

The Sovereign so to speak the country so to speak  and the usage is the Returns on those are used to   fund the the Haram the services within the Haram  so though there were endowments that was set by  

21:33

the W the key and the feature of defining feature  of the was localized control and so the W boards  

21:39

that were set up in essence were very local so  there was no State influence in the governing or  

21:45

the distribution of the proceeds from the W it was  very very localized there was no centralized just  

21:51

as you mentioned in this day the state rules  all in fact that actually leads us nicely to   the fact that the demise and decline of the AA  started during colonialism so in the 18th and  

22:04

19th centuries when the colonialist began to  influence and and the concept of State Nations  

22:11

and and nation states rather when the concept of  nation states came about so if we take an example   of India India has one of the largest a in the  world currently their a is to the value of $4  

22:25

billion and at one stage in India more than 50%  of all land that was owned was a was W and a very  

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similar story in the ottoman area 50 to 60% of all  land within the country was designated as well for  

22:40

the benefit very different to what we see in this  day and age so in India when of course the British  

22:45

came over if you imagine from the perspective of  the the the colonial Powers they are coming into  

22:52

countries that are flourishing that are thriving  and they're thriving as a result of the W concept  

22:58

from Financial perspective the W supported  the entire Society everyone within Society  

23:03

rich or poor could benefit from the WF and they  benefited from the services of the W so if you're   a colonial power and you're coming into a country  that's financially thriving and that has a strong  

23:14

identity about itself of which the W is a key and  integral part then what's one of the first things   that you do I mean many of them they could have  committed genocide many of them killed thousands  

23:22

in fact yes as we know in the case of Algeria  as we know in the case of India but one of the   things that they did is systematic ially they  made a concerted effort to dismantle the wealth  

23:32

and dismantle the a institutions so if you take  a look at for example India in the 19th century  

23:40

the government the British government at the time  passed what they call the W act and remember all   this time as we mentioned the W was under local  control the local you have what we call the mut  

23:50

or those that were responsible for managing the a  yeah the British came in and they created in 18 61  

23:58

what they call the India wak Act and the purpose  of this act was in essence to gain control of the  

24:05

wak boards and thereby getting control of w  because they understood their significance  

24:10

and they understood what role the W played and  so they passed this act and they slowly slowly  

24:16

began to take control of Institutions that  were never meant to be under the control of   a government they were never meant to be under  the control of any individual as we mentioned  

24:24

right at the beginning the whole premise of w is  that the ownership belongs to Allah it doesn't   belong to any individual and these uh the British  when they came they recognized the power of the W  

24:34

and they began passing these acts and these  laws in order to bring about the control why  

24:40

because as you mentioned with States it's about  centralization it's about control the state is   supreme and the state controls everything these  a were completely opposite they gave autonomy and  

24:49

control to the local population to the local  community and so what they did is they passed   these acts in order to bring these a under their  control course there was a lot of fight back there  

24:59

was a lot of push back and in 1913 you have what  was the musl W act that's what he was called the  

25:06

musl ACT which they brought in in order to bring  back a little bit of control and to reuse the for  

25:14

what the original purposes was so the British what  they tried to do is by redesignating the a under  

25:19

State Control they could use the proceeds of the  whatever they like and so they used it to fund  

25:25

their military Ambitions for example and that  was complete completely not what the W was set   up for so because of this fight back in essence  1913 the musl W Act was enacted which gave back  

25:36

control of Al uh little by little to the way  the initial donation was intended or the the  

25:44

re the benefactors intended but the consequences  of that the consequences of colonial rule was such  

25:52

that till today the BJP government in India as we  speak are once again trying to change legislation  

25:59

to regain control of AA I mentioned $4 billion  worth of AA currently in India that's a large  

26:05

amount of money for the benefit of the Muslims  and not just the Muslims but for the community of   India so little by little as these AA boards came  under the control of States they began to appoint  

26:16

W boards and they began to appoint authorities  which had their own people that would govern the  

26:22

wak and hence it led to corruption it led to the  demise and the downfall of w Algeria very similar  

26:27

situation when the French came in there they  understood and they recognized that W was integral   to Algerian society and so they adopted a twofold  method one of the first things they did was they  

26:40

tried to come at it from an Islamic perspective  so they said that W is not mentioned in the Quran  

26:46

Allah only mentions zakah in the Quran so it's not  even an Islamic concept and so they used the Quran  

26:53

in order incorrectly in order to try to dismantle  the so they basically basically said all of these  

26:59

lands and all of these a that have been set up all  of these a that have been created in Algeria they  

27:05

islamically incorrect they should actually be in  the control of the state and they forcefully took  

27:11

possession of many of these plots of land the  second thing they did is they outlawed private  

27:17

they outlawed the family W so they said there  is no such thing as a family w why because the  

27:22

Quran States the principles of inheritance the  Quran states that the inheritance is for certain  

27:28

causes only can a person cannot generate or create  a private wealth and so they use these methods in  

27:35

order to forcefully throw and and remove the idea  for which the wa was set up change the proceeds  

27:41

change the uses and the causes and so this led to  the decline of a but initially the concept of a w  

27:49

is a very independent localized method where you  have loads of a across the country and the local  

27:56

people are the first and primary beneficiaries of  the we and so the state is not really responsible  

Reliance on Waqf

28:02

over the work it's really the local boards that  are responsible for how that work is uh how the  

28:09

proceeds of the work uh according to the original  intent how those proceeds are are distributed so  

28:15

I'm remember right in then saying that um the  ottoman state by and large did not provide  

28:21

centralized health and education but it was  actually the work boards and the work designation  

28:27

that provided uh these uh Public Services exactly  that so because these Al went back generations  

28:35

and centuries those that were responsible for  managing the AA were the local authorities the  

28:40

local boards and so they were the ones that  were responsible for maintaining for example   the structure the building the upkeep of all of  that and distribution of the funds from the W  

28:50

they were the ones that were responsible but when  colonialism started and all of a sudden you've got   the influence of the western Powers coming in and  even in ottoman era towards the end of the Ottoman  

29:00

era the state began to interfere and they began to  interfere in these local W boards and they began  

29:05

to take uh possession of all of these a and hence  why it even led to the demise and collapse of the  

29:11

a within the ottoman era why because of State  intervention that actually shows you that the  

29:17

model of w is localized it's decentralized there  is no State intervention or management of a there  

29:24

are very very small a all over the sometimes can  be very large but it has its own localized body  

29:31

and when the state interfered with incorrect  intentions of course if the state has the same   intention but when they interfere with these wrong  in intentions with uh oppression and Injustice and  

29:41

with the with the concept of taking control and  power and centralizing that then of course it led  

29:46

to the demise and decline of Thea um M I've read a  number of Islamic economics books uh that look at  

Islamic economists and Waqf

29:53

the economic system of Islam LLY written recently  the 20 21st century and they tend not to focus  

30:01

on the elaf at all if any if anything there is an  absence of a conversation about what but it seems  

30:07

to me that the economic order of the past was  almost built on ala you couldn't provide services  

30:15

without without wa Anda like what's going on there  why is it that modern uh Islamic Economist are not  

30:23

emphasizing the and that's not surprising because  as I mentioned that the dising or the decline  

30:28

of the a started in the 18th and 19th century  because of colonialism and so there was actually a  

30:34

concerted effort as I mentioned among orientalists  on trying to prove that W was a medieval system  

30:41

that W was a backward system and it was Ain  to oppressive churches that wanted to control  

30:47

the usage of land it was akin to Old regimes that  wanted to have authority over how wealth and land  

30:54

should be used and how it should be distributed  hence why you'd find it's no surprise that   these authors even even Muslim authors they  don't refer to the W system they don't refer  

31:04

to how integral the W system was even as early  as a 16th and 17th century within the ottoman  

31:09

era winding back a little bit and and and trying  to understand the W umman Jania Masid in isul is  

Generating funds

31:19

a prime example often use as Al as a walk property  right how does SU Mania generate funds today like  

31:26

how does it work I mean I'm not asking about  the specifics but what would it do to generate   funds in order for in order for those funds to be  utilized for the mid as well as the surrounding  

31:37

Community okay so usually I mean in that specific  context I don't don't but generally once a w has  

31:43

been designated I give you an example so we have a  building we have a Masjid that has been designated  

31:49

it's a site that's been designated as a w right  wherever he is it's a large site the primary   purpose of a mid of course is to provide prayer  facilities so people will come in and benefit are  

31:59

free services free services but the Masid then  also provides because of its space additional  

32:05

services for example they have a hall and so they  say we will be hiring out or renting out the hall  

32:10

for whatever functions Etc the money that comes  from hiring and renting these Halles out will be  

32:16

put into the W will be reinvested back into the  W to provide additional services for free for the  

32:21

benefit of the Muslim Community and that that's  the Perpetual nature of the which we'll touch   on later as to why W is so stainable why have  Western institutions such as the universities  

32:31

that we've mentioned why have they copied  in essence the Islamic concept of w how come   they've grown multi-billion dollar organizations  and institutions using this sustainable method  

32:40

of the W when this should come to well no let's  come to that now so the Perpetual nature of these   works right because uh you said something really  interesting at the start where you said that um  

32:51

there is a difference between say zaka in terms  of reward and work because work is perpetually it  

32:57

continues even after you die um so explain that  idea of how how that comes about yeah okay so if  

33:05

I give you an example using my own organization  National wealth if you donate once in charity  

33:12

you give 1010 to a charitable organization your  1010 has been used and it's been used for whatever  

33:19

purpose you donated for example to purchase a food  pack yeah now that 10 pound's been used the food   Pack's been consumed and your charity is done of  course it's reward it's rewarding yeah and um but  

33:29

the minute the food pack is consumed the purpose  for which the charity was given that charity has   now come to an end you have the concept of which  the prophet sallallahu alaihi wasallam mentioned  

33:39

yes that one of the things that will benefit a  Muslim after his death is perpetual and continuous   charity now what is for example you donate to a  charity to build a well in a particular country  

33:52

or a water pump now is what that you've donated  once they've purchased the water pump using your  

33:57

donation for as long as that water pump remains  active you're going to be getting rewarded so  

34:04

that's a higher level of Charity now then just  giving one off but where W comes in and where  

34:09

W comes in is it's not just but it's increasing  so for example at National w we have a four-stage  

34:16

model so first is you donate to National W the  Muslim Community donates right our model is that  

34:23

we pull and collect the donations from the Muslim  Community and we invest those donations in assets  

34:30

that generate returns for example property using  the donations from the Muslim Community once we've  

34:37

pulled those donations we purchase a property that  property is now designated as weal the donations  

34:43

from the community has been designated as a wealth  so it can no longer it's not it's legally it's in   the ownership of the charity but islamically it's  not in the ownership of any individual it's going  

34:53

to remain perpetually as a wealth we then rent  out that property the Returns on that property at  

35:00

National w we have a 50/50 model so stage number  three is half of those returns are reinvested  

35:06

back into the W to ensure that the W continues  to grow and the other half are then given as  

35:12

grants to eligible projects and organizations  within the UK which will come to later on but   what that does is your initial donation of £10  or1 or ,000 yeah you donated once but because  

35:26

of the fact that we've invested your donations  that original donation is preserved in the asset  

35:32

so your initial donation has been preserved in  the property we've purchased the property using  

35:38

your donation but not only that your donation  is now generating returns so your initial £10  

35:45

at National walk for example our investment  method is we aim for 80% annualized returns  

35:51

so your original donation of £100 for example  by the end of year one is no longer just £100  

35:57

it's now £8 why because your £100 is preserved in  the property and the rental income that's being  

36:03

generated from the property on the £550 model  is that it's generated £80 worth of income 40  

36:10

of that has been given to eligible causes and £40  has been reinvested back into the W so you started  

36:16

with a donation of 100 you started with a donation  of a thousand rather and by the end of the first  

36:22

year the ,000 has become ,40 so your donation was  th000 but by year one it's now 1,40 multiply that  

36:31

after 10 years after 50 years after 100 years and  you can do the figures you you you you you do the  

36:36

numbers so from a rewarding perspective from a  just just even thinking from the perspective of  

36:42

a reward giving charity one off that's rewarding  giving is more rewarding and then giving to a is  

36:50

the most rewarding why because your numbers are  just multiplying your numbers are increasing even   after you're gone your initial donation is still  there so it's not just a but it's a perpetually  

37:01

increasing for as long as that asset and that W is  intact and that's why donating in weth is possibly  

37:08

one of the most rewarding types of donations that  a Muslim can do right because 100 years 200 years   300 years later that money that you originally  put into the work is still being utilized for  

Waqf Political fund

37:18

the causes that you've designated exactly in the  first place all right let let me uh give you a   real life example I've been in conversation with  a number of people about starting up the political  

37:27

fund y right because politically in the UK we  don't quite have that level of influence that we  

37:34

believe we did have right and you know we know  from the elections and everything you know in   Gaza uh there has been you know a we've been quite  shortsighted in the way we viewed this particular  

37:45

area it's one of the many areas that the Muslim  Community need to focus on how would the W idea  

37:51

help build this fund so for example one of the  areas that National W wants to fund is actually  

37:57

Civic and political engagement so the proceeds  from the W that we have the Returns on that yeah  

38:05

we would give grants out to organizations that  want to engage in Civic and political engagement  

38:11

within the UK so one of the reasons we actually  set up the W was one the primary concern for most  

38:18

Muslim organizations in the UK is finance yes I  mean I've been involved in a number of different   projects number of different organizations I know  a number of very talented individuals and Scholar  

38:27

who are doing amazing work but their work would  be magnified if they didn't have to worry about   finance and so w is about sustainable Finance  it's about sustainability longevity perpetuity  

38:38

so what national W would do is or what any W  would do would say Okay part of our grants is  

38:46

to provide funding for an organization that's  looking to look out for the interests of the  

38:51

Muslim Community in the UK politically and this  is where I want to mention a point from everything   we've talked about so far we've understood that  W is about empowerment W sustains the Muslim  

39:01

Community and one of the things that we want  to focus on in National W is about empowering   the Muslim Community National W wants to empower  the Muslim Community in the UK so that all of the  

39:11

effort that's been done throughout the past  few decades to generate and to preserve the  

39:17

institutions of the Muslim Community to establish  the institutions the mid halal food the rights of  

39:22

the Muslim Community in the UK those rights are  not only preserved but the Muslim Community in   the UK can continues to flourish and develop and  of course the political advocacy media engagement  

39:32

Civic engagement is a key aspect of that now for  the for over a year now you and I and the whole  

39:38

world has been witnessed to a genocide that's  been taking place in Raza how do we as Muslims   in the UK benefit and assist the Muslims in Gaza  you've had Sami Hamid on your podcast a number of  

39:49

times and he's spoken emotively and powerfully on  how much Collective power the Muslim umah has and  

39:55

he's spoken about using our social media Platforms  in order to to to to combat against oppression in  

40:01

order to raise awareness with regards to I'm  going to mention a different point here yeah  

40:06

what national W wants to do is we want to empower  the Muslim Community I give you an example was one  

40:14

day sitting with a group of Companions and he  said to them that if each of you could desire   something what would you wish for so one companion  raised his hand and he said I wish that I had a  

40:24

room full of gold so that I could give the the  gold in charity in the way of Allah then he said  

40:30

okay think again somebody else raised his hand  and said I wish I had a room full of pearls and   I would sell that and give it for he said think  again and so they said to him oh am you advisers  

40:42

and his his response is very interesting he says  I wish I had a room full of mu who was mu was the  

40:51

leader of the ANS a giant of figure someone who  was so influential and empower ing within his  

40:58

community that the day he accepted Islam by that  evening his entire tribe accepted Islam following  

41:04

Su so what was doing was sending a message to  the companions that it's not necessarily about  

41:11

always what was doing was sending a message to the  companions he was empowering them he was saying  

41:17

that we need the likes of who as an individual  will Empower an entire generation as an individual  

41:24

will entire will Empower an entire community so  what we want the Muslims in the Muslim Community  

41:29

in the UK to do is to change their mind mindset  we want them to change and shift their ideology  

41:35

we're not just in the UK to earn our money and  to build our portfolio of properties but rather  

41:42

we have an obligation in the UK to assist  and support the Muslim umah globally how do  

41:47

we do that you mentioned politics you mentioned  political advocacy if every Muslim has a vision  

41:54

and an idea that I want to support the Muslims of  Gaza using my charity using theod that I give I  

42:01

want to empower the Muslims of Gaza yes how do we  do that now let me give you a figure according to  

42:08

Oxfam world hunger could be eradicated completely  by 2030 by spending just above $30 billion a year  

42:19

that's in seven or8 years time we would eradicate  forget about just hunger in a particular place but   we would eradicate world hunger by donating $30  billion towards this uh towards uh poverty and  

42:32

alleviation of poverty let me give you another  figure the Muslim umah collectively globally  

42:37

donates on a yearly basis over $600 billion of  zaka $600 billion of zaka collectively the Muslim  

42:47

umah gives zaka according to devx news now if the  world food organization and Oxfam are saying that  

42:56

we require $30 billion for the next 7 years to  eradicate poverty completely over the course of  

43:02

7 years that works up to more than just above 300  billion dollar the donations of just the Muslims  

43:09

for one year is enough to do what to eradicate  poverty completely why doesn't it happen and  

43:15

that's what we at National want to focus on is we  want the Muslim Community to change their ideology  

43:21

with regards to charity giving so absolutely  support human relief projects support emergency  

43:27

relief project support existing charitable  organizations in the UK who are doing amazing   work in Gaza in Syria in in different locations  across the world but you as a Muslim in the UK  

43:36

think big think how your charity can influence and  impact the Muslims of Raza how can your charitable  

43:44

donation support to alleviate the ongoing and  remove the ongoing genocide in Gaza now the  

43:50

Muslims may be sitting and think this is beyond  our reach no he absolutely is not beyond our   reach what we need to do is think systematically  to think strategically to fund those institutions  

44:00

and organizations that will Lobby the powers that  be that we will no longer sit back and accept  

44:06

an ongoing genocide we will no longer accept  that our Muslim Brothers around the world are   systematically slaughtered in front of the eyes  of the world media and nobody's doing anything  

44:15

about it and I'm going to give you another figure  on that aspect people usually when the Muslims are  

44:21

talking about this they say that oh we don't have  enough funding all the powers that be are funded  

44:28

and let me give you a stamp the United States has  funded Israel since the formation of Israel more  

44:36

than $300 billion the total donation the total  funding of Israel from the United n United States  

44:43

has been over 300 billion let me go back to the  figure that I mentioned of zaka yearly the Muslim  

44:50

Community donates how much in zaka 600 billion  and there likely based on the stats in the UK  

44:57

60% of donations are Sak donations 40% are  zaka so if we replicate those figures then  

45:04

we say that we have hundreds of billions of  dollars of power within the Muslim umah why  

45:10

are we not spending that effectively so what do  we need to do there are organizations for example   has actually set up a forever the purpose of that  W is to support the Muslims of Gaza specifically  

45:22

so if we were to support organizations such  as that if we were to support organizations   whose sole remit is to ensure that they support  the Muslims of Gaza we went back and we discussed  

45:33

the various a that were set up in Damascus  and and in the ottoman era and they were   catering for the various needs within the Muslim  Community imagine a w that caters for Gaza so not  

45:44

only the rebuilding of Gaza not only emergency  humanitarian relief in Gaza but that W focuses  

45:50

on owering organizations advocacy organizations  that will Challenge and go to the human courts and  

45:57

that will Challenge and go to United Nations and  represent the interest of the Muslims of Gaza to   say no we won't sit back and accept a genocide  as it's happening we won't accept the inhumane  

46:06

treatment of our Muslim brothers and sisters but  rather we as a Muslim Community in the UK UK are   going to do something about it we are now going  to give our charity systematically strategically  

46:17

we're going to set up a w that's going to support  the Muslims of Gaza that's the power that W can  

46:23

do and that's what we at National W want every  Muslim in the UK to do that you've been giving   and alhamdulillah we give the Muslim Community  in the UK on a yearly basis gives more than 1  

46:33

billion pounds in charity so we're not we are the  most charitable giving community in the UK so we  

46:39

give but it's time we now strategically give it's  time we support organizations such as the ones  

46:45

that you were referring to which will empower the  Muslim Community in the UK politically which will   look after the interest of the Muslim Community  in the UK but we will also empower the Muslim  

46:54

Community and the Muslim umah globally um now  your organization National W um as you said you  

47:01

designate a number of areas of concern where the  proceeds of the work will be will be given correct  

National Waqf org

47:08

so I've seen the list on your website you give to  spiritual preservation and Civic and media and and  

47:14

uh and economic relief and environmental issues so  there is a number of areas that you focus on um if  

47:20

someone uh originally you said initially you said  that the W uh is design ated by the the person who  

47:29

who uh gives the money designates how that fund  is going to be used in your organization's case  

47:37

you do that designation right so it's not the the  person who puts the money into the work uh can't  

47:42

say for example I want my money just to go into I  don't know Youth Empowerment and Leadership you're  

47:48

organizing that work yeah so that's a recognition  is that is am I right that's correct so those six  

47:54

cause areas were chosen by us because we feel that  these are systematically the most important areas  

48:01

for the Muslim Community in the UK to fund in  order to preserve our existing institutions that  

48:06

also to grow and develop the Muslim Community in  the UK right and that's actually recently there   independent research has been carried out that  actually verify that the co areas that we have  

48:16

selected are those areas which the leading Muslim  thinkers within the UK and the Muslim Community  

48:21

feel are the most important they're wide ranging  and they're Broad and the reason is because we   feel that these are the areas that the Muslim  should focus on these are the areas areas that  

48:31

the Muslim Community in the UK needs to focus  on in order to develop themselves in the UK in   order to ensure that their rights to practice  Islam to practice normative Islam in the UK is  

48:41

preserved so for our model is you give donation to  National wealth and as I've mentioned previously  

48:47

those donations will be invested the returns are  then given as grants to any of these projects I   give you an example of grants that we've already  given yeah so we've given Grant to an organization  

48:57

called spinny Hill so they work to empower uh  Muslims that are battling drug addiction so  

49:05

they work to rehabilitate those Muslims that are  battling drug addiction yeah so using our grant  

49:10

alhamdulillah spinning Hill was able to support  individuals that were ostracized from their  

49:16

families that had to give up their families  in essence because they were suffering from   addiction yeah so that's an example where your  your donations are actively making a difference  

49:26

to people on the ground saence Institute one of  the donations that we gave was to uh to to fund  

49:34

their Lighthouse project the lighthouse projects  deals with Muslims that are having concerns with  

49:39

regards to their faith or having doubts with  regards to their faith we funded zua welcome   which is a charity that actually provides  Educational Services for refugees so those  

49:49

refugees that come into the UK and the children  that require madrasa Services then zua welcome  

49:54

cers for these children so we provided a grant to  these individuals so these are some of the courses   that we've already supported so by donating by  supporting our organization or by supporting a  

50:04

generally your money will go that much further  so we're saying that National off is not just   about sustainability but it's about strategy it's  about identifying the key causes that will use  

50:16

the charity and that will use the donations  to ensure that we are funding those Avenues  

50:21

which are most desperately needed both in the UK  and funding them correctly do you have to be uh  

50:27

a rich person to put money into into alov you have  to be a multi-millionaire so sometimes people ask  

50:34

the question that how does w fit in the modern  socio economic context yeah so as we've mentioned  

50:41

previously it's not necessarily only the rich  people that would designate property in this day  

50:47

and age or in the in the time of the companions  they were asset Rich yeah many of them at times   would not have enough liquid Capital to be able  to purchase their daily food but they own land  

50:57

they owned assets and so they would designate  property and land but you don't necessarily   need to be rich in order to contribute to which  is where National wealth comes in so we've used  

51:07

the concept of cooling donations together  we allow every Muslim in the UK regardless  

51:14

of their financial capacity to get involved in  a wak so where previously historically it may  

51:21

have been okay if you've got excess property if  you've got an asset that you want to donate as W  

51:26

then you can do so we're saying no whatever you  donate whatever amount you want to donate we're   going to pull those donations and we will invest  those donations into assets that will generate  

51:36

returns so you have a part to play in W every  Muslim in the UK has a role and can contribute  

51:42

towards establishing of a w and how do we make  sure that like what what's your um I don't know  

National Waqf structure

51:48

your your procedures to make sure that this money  is going to the good causes and like explain your  

51:55

organization or structure okay so National wealth  is a registered charity as we've mentioned we  

52:01

have our investment Department the investment  department overall we also have a Shar board so  

52:06

we've got Scholars that sit on the Sharia board  they ratify every activity within National walk   sure so they are actively involved in ensuring  that the Investments we make are Sharia compliant  

52:16

the Investments we make are morally ethical as  well and then even the grants we have a grant   giving committee so the job of the grant giving  committee is to ensure that the applications  

52:26

that are coming in for Grants so from time to  time periodically when we make an announcement  

52:32

that National weth is now inviting applications  so we may say for example National off is inviting   applications for organizations that are working in  the youth space so if your organization is working  

52:42

in the youth space and you're not eligible to  receive zaka funding then make an application   to National wealth our grant giving committee  will then grade those applications based on  

52:52

longevity based on uniqueness Etc and then they  will decide that which of the projects receives  

52:57

the funding we then have an ongoing monitoring  process which is not just the case of handing a  

53:02

pile of cash to an organization rather we have  an agreement in place with the organization  

53:08

certain factor C an agreement in place with  the organization whereby we will agree what  

53:14

outcomes and what objectives the organization will  achieve using the grant that we give them and then   periodically we will actually actively monitor  so we'll receive feedback from the organization  

53:23

to say okay we agreed that the grant will be used  for x Y and Z and you are using that for XY and z  

53:28

or you face certain challenges shall we change  that so National W has an investment committee  

53:34

a grant giving committee all of this which is  overseen by our Shia board and everything is  

53:40

transparent which organizations have received  our grants what they use those grants for all   of this is in place so I one final question for  you um like what do you see as the future of your  

53:50

organization and alaf in general in the ukuk  as I mentioned at the beginning that National   wealth for the first objective of that National  W is to create sustainable funding is to provide  

53:59

strategic funding yeah but as part of that the  second objective of national W is to empower   organizations to set up their own a so what we  want is we want mid we want Charities we want  

54:09

organizations to set up their own a in order  to ensure that they are sustainably funding  

54:15

their own organizations that the Masjid is not  always requesting donations from the community   the organization is not constantly in need of  funding in order to carry out their activities  

54:24

but rather they have their own a in place that is  going to provide the funding and we as National  

54:29

wak are happy and ready to assist any individual  any organization that wants to set up their own a  

54:35

right and what we see ourselves is to create a  structure whereby we work collaboratively with  

54:40

all of the a in the UK to ensure that there are  strict governance in place on how to set up a w so  

54:45

we mentioned alhamdulillah we have a sh Bo we have  scholarly input and so from a Islamic perspective  

54:50

how does one go about setting up a w we've got the  expertise in order to assist and advise them there  

54:56

from legal perspective what's the most efficient  and effective form of setting up a w in the UK to   ensure that it's most tax efficient to ensure  that the perpetuity of the asset and of the W  

55:06

is in place so that's certain that that's some of  the things that we're working towards what we see   is we see the w space growing in the UK already  in the last two to three years there are a number  

55:16

of a that have started in the UK though they're  all in the infancy stage but alhamdulillah this  

55:21

Sunnah and this tradition is now beginning to be  revived in the UK space and alhamdulillah for that   and so we see ourselves working collaboratively  with all of these a in the UK to ensure that  

55:32

some of the mistakes that are currently being  made in the humanitarian sector whereby certain  

55:38

area certain countries are overfunded and other  areas are underfunded are not replicated in the   w space to ensure that there's a collaborative  approach between the a to say that okay all of  

55:48

these causes are equally important and we will  work collectively collaboratively to ensure that  

55:54

all of these projects are funded the way they  should be and they are actively monitored and  

55:59

together we will ensure that the Muslim Community  in the UK grows I think we've uh had a really  

56:05

fascinating conversation here about walk thank you  so much for your time no problem jaak for inviting

56:10

me please remember to subscribe  to our social media and YouTube  

56:16

channels and head over to our website thinking  muslim.com to sign up to my Weekly Newsletter

56:27

okay

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