Figure 2:Ottoman Waqf Civilization (Osmanli Vakif Medeniyeti) by Prof. Ziya Kazici
Figure 3: The word Waqf is used in the Islamic Law in the meaning of holding a property and preserving it so that its fruits, revenues or usufruct are used exclusively for the benefit of an objective of righteousness while prohibiting any use or disposition of it outside its specific objective (Source).
Figure 4: First pages of the Suleymaniye Kulliye (Complex) deed (waqfiyya) written in 1557. Vakiflar Genel Mudurlugu Arsiv & Nesriyat Mudurlugu Arsivi, N° 52 (Source)
Figure 5:Turkish Prime Ministry declared that 2011-2012 as "Waqf Civilization Education Year" (Source)
The Wall Street Journal, one of the world's most respected newspapers, has suggested recently that the ongoing economic crisis could be resolved in part by the charitable institution of waqf created by the Muslim civilisation and used effectively by the Ottomans. In its broader sense, a waqf in Islamic history is an endowment consisting in donating a building, a sum of money or plot of land for charitable purposes. The donated assets are held by a charitable trust. The institution of waqf played a great role in nurturing solidarity and charity in Muslim countries and continues to represent one of the most original and active aspects of the social and economic structures of the modern Islamic world.