What is the meaning of Wakf Board?
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What is the meaning of Wakf Board?
Waqf is defined as ‘the permanent dedication by a person professing Islam of any movable or immovable property for any purpose recognised by the Muslim law as pious, religious or charitable’ A Waqf board is a legal body that ensures the appropriate administration of Waqf.
Who owns waqf property?
Central Waqf Board has powers to administer all property that falls under Waqf Board. There are State Waqf Boards which manage waqf properties of the state. The Waqf Board was created under Article 30 of the Indian Constitution to empower minorities in India.
What are the object and purpose of a waqf?
The main objective behind creating a waqf is that it should be dedicated for a purpose recognised as religious, pious or charitable under Muslim law.
What is the difference between waqf and trust?
DIFFERENCE BETWEEN WAQF AND TRUST (1) A waqf may be constituted only for those purposes which are recognized as religious, pious or charitable in Islam whereas, a trust may be constituted for any lawful object.
Can we sell Waqf property?
Wakf property can’t be sold. if a mutawalli wants to sell, mortgage or exchange the Wakf properties, he must obtain prior permission of the court. a waqf alal aulad is for the children of the person who forms a waqf and it cannot be sold.
How much money does Waqf Board have?
Justice Shashvat Kumar, who headed the Shashvat Committee has prepared a status report on Muslims in India in 2011 and the finding of this report were that Nationwide, wakf properties constitute a land bank worth Rs. 1.2 lakh crore and could have generated annual returns of Rs.
Is waqf a charitable trust?
Muslims giving waqf typically donate a building, land or cash with no intention of reclaiming the value gained from them. A charitable trust may hold the donated assets. Waqf can also raise funds by creating a cash-waqf.
Can Waqf Board claim any property?
Section 40 of the Wakf Act, 1955: Under section 40 of the Wakf Act, the Wakf Board can decide on any property being Wakf property without any additional basis.
Is Taj Mahal a waqf property?
New Delhi: The Taj Mahal is owned by the Almighty but must be listed as property of the Sunni Waqf Board for practical purposes, the Supreme Court was told today by the religious body.