Controls the investment of Waqf funds and risks in the Islamic community

Abstract

Praise be to Allah, Lord of the Worlds, and prayers and peace be upon the supervisors of the messengers.The Waqf is one of the legislative achievements to achieve social solidarity and securing financial resources for charitable works. The Islamic mechanisms that work in the field of sustainable development are different in their dimensions. The endowments of the Waqf, and the destruction of many of the Waqf endowments, and the assault on the Waqf funds. This is related to the lack of awareness of the importance of the Waqf on the one hand, and the mismanagement of the Waqfs on the other. Investment, and risk aversion.The study concluded that investing the Waqf funds is a legitimate requirement because of the interests of the waqf and those who are subject to them, and that the importance of investing the waqf is to find a stable source of income that is related to what was stopped for it. The intention of investing the waqf is to achieve the maximum return for the waqf. The Waqf in Islam is a set of Shari'a rules derived from the sources of Islamic law, and the waqf funds should not be exposed to a high degree of risk so as not to lose those funds.Key words: Investment of Waqf funds - Shari'ah controls – Areas of investment of Waqf funds - Risks.