Waqf & Wasiyah: Powerful Tools for Muslim Economic Growth | Prof. Alaro

In this insightful presentation, Ash-Shaykh, Prof. Abdur-Razzaaq AbdulMajeed Alaro, a renowned scholar of Islamic Law and Finance, explores how Waqf (endowment) and Wasiyah (Islamic will) serve as powerful instruments for sustainable economic development within the Muslim Ummah.

He explains how these timeless Islamic institutions—rooted in justice, charity, and intergenerational empowerment—can be practically applied today to:

✔ Strengthen community welfare
✔ Build long-term financial stability
✔ Reduce poverty and inequality
✔ Support education, healthcare, and social growth
✔ Promote ethical wealth distribution and legacy planning

This session was delivered at the Business The Way Allah Wants It Conference 2025, an event dedicated to promoting ethical entrepreneurship, Islamic finance, and value-driven business practices for Muslims across Nigeria and beyond.

Whether you are a student of Islamic finance, a Muslim entrepreneur, a policy enthusiast, or someone seeking to understand Islamic economic systems, this presentation provides deep clarity and actionable insights.

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