Structure, Innovation, Management & Practice
SIDC CPE - accredited: 10 CPE Points
Date: 27th September 2017 Venue: KUALA LUMPUR
Conference Guide

Download Conference Guide

Waqf is a financial charitable institution established by withholding property to eternally provide for various socio-economic needs, depending on the choice and condition made by the founder. Through its financial support it provides for activities such as sheltering and feeding the poor and needy, providing education and promoting health care, providing jobs, facilitating businesses, constructing highways and linking countries and providing basic infrastructure. Waqf is not a new concept, however its recent emergence in its movable form of cash and corporate Waqf, and the opportunities this presents, have caught the attention of financial institutions and corporates alike.


  • Understanding the administration, governance and management of Waqf
  • Providing an overview of the Shariah aspect of the institution of Waqf
  • Discussing the legal framework for the management, governance and administration of Waqf structures and arrangements
  • Assessing the emergence of various Waqf structures and models
  • Identifying opportunities for corporate Waqf through Corporate Social Responsibility (CSR)



9:00 – 11:00 Session One: Introduction to the Administration,Governance, Shariah and Structuring Issues of Waqf
  • Discussing the definition of Waqf and Waqf-based products and examining the potential socio-economic role of Waqf
  • Identifying rules necessary for the validity of Waqf and stipulations for the creation of Waqf
  • Discussing key Shariah issues of Waqf and endowmentbased finance initiatives and where Shariah compliance issues can arise

Dr Salina Hj. Kassim — Associate Professor, Institute of Islamic Banking and Finance, International Islamic University Malaysia

11:00 – 11:30 Coffee 
11:30 – 1:00 Session Two: Examining Various Waqf Structures: Movable Waqf, Cash Waqf and Corporate Waqf
  • Examining the legitimacy, creation and investment of cash Waqf
  • Analysing direct & indirect cash Waqf models, Waqf mutual fund and Takaful models
  • Assessing the definition, legitimacy and governance of corporate Waqf
  • Examining the structure of corporate Waqf and discussing recent creations of corporate Waqf structures
  • Effectively administering, managing and governing each Waqf structure
Dr. Mohammad Mahbubi Ali — Research Fellow, International Institute of Advanced Islamic Studies (IAIS) Malaysia
1:00 – 2:00 Lunch
2:00 – 3:30 Session Three: Examining Key Legal Issues and Framework for Waqf
  • Looking at Waqf from a legal perspective: the key issues
  • Examining the legal framework for the management, governance and administration of Waqf structures and arrangements
  • Structuring common Waqf arrangements and the important legal issues that arise
  • Discussing rules for the classification of Waqf properties
Sharifah Shafika Alsagoff Partner, Mohamed Ridza & Co
3:30 – 4.00 Coffee
4:00 – 5:00 Session Four: Examining Implementation and Building of a Successful Corporate Waqf
A case study

Tuan Syed Alwi Mohd Sultan — Executive Vice President, Strategic Planning, Bank Muamalat Malaysia

5.00 Seminar Conclusion