Murat Cizakca

Awqaf History and its Implications for Modern Islamic Economies

This paper discusses the Awqaf system in the Islamic world, its charitable nature and how it contributes to the well-being of economies through its intended financing activities. The writer focuses on parallel discussion of the vast impact they have on…

The Relevance of the Ottoman Cash Waqfs (Awqaf al Nuqud) for Modern Islamic Economics

The cash waqf constituted a special category of Islamic endowmentsand played a major role in Ottoman economic/financial history. As such it can be considered as an important Islamic financial institution which facilitated the flow of funds from those who were able to…

ESHAM: A FIXED RETURN, YET SHARI`AH BASED INSTRUMENT OF INVESTMENT

Should Malaysian States Have A Fresh Approach To Waqfs? A Proposal For A Model Waqf Enactment

This research aims to determine whether current legal structures (secular or religious) are sufficient to enable the proper functioning of waqf in Malaysia; and if not, whether there is need for changes or innovations to be introduced within the existing…

The Islamic Gold Dinar – Myths and Reality

Recently, there have been an increasing number of publications and conferences on the re-introduction of the Islamic gold dinar, a coin with pure gold content. The phenomenon could even be construed as a campaign. The proponents of this idea, who…