Waqf    

  • Shariah-compliant endowment
  • Money or other assets donated to Shariah-approved institutions or projects
  • Becomes a perpetual and irreversible source, to generate revenue to cover operating expenses and other needs of the institution

Endowment

  • Money or other financial asset which are donated to approved institutions or projects.
  • Forms perpetual resources to generate income to cover operating expenses and other needs of the institutions