This book investigates the multifaceted role of Waqf in fostering socio-economic development, particularly within IsDB member countries and beyond. It examines the intricate management of Waqf, including regulatory frameworks, modernization efforts, and their alignment with Maqasid Al-Shari’ah, drawing on research from various scholars. The analysis extends to the performance of Waqf activities, the strategic allocation of resources, and the antecedents and consequences of Waqf assets. Furthermore, it proposes models and strategies for promoting Waqf-related initiatives to enhance socio-economic progress and good governance through informed policy formulation.

This work is designed to meet the needs of academics and industry practitioners in Islamic finance, offering diverse perspectives from various researchers. The book provides a comprehensive analysis of Waqf management, its impact on socio-economic development, and related legal issues. It delves into regulatory frameworks, modernization, performance, and governance practices, aiming to promote Waqf-related activities for greater development. The collection of research aims to inform both scholarly understanding and practical application in the field.