Doha, Qatar – The General Directorate of Awqaf in Qatar has released the latest edition of its peer-reviewed academic journal, Al-Waqf, focusing on the evolving role of waqf (Islamic endowments) in addressing modern challenges. The sixth issue of the journal, published by the Awqaf Studies Center, emphasizes sustainability and the integration of artificial intelligence within the sector. This release aims to provide a scientific resource for policymakers and researchers involved in charitable giving and Islamic finance.
The journal’s publication comes as interest in waqf as a tool for social good and economic development grows globally. According to the Ministry of Awqaf and Islamic Affairs, Al-Waqf is intended to foster scholarly debate and knowledge dissemination in both Arabic and English, offering a platform for academic output in print and digital formats.
The Expanding Scope of Waqf Studies
Al-Waqf is dedicated to publishing research related to waqf, Islamic economics, finance, and charitable work. This latest edition highlights studies with practical applications for improving waqf operations and maximizing their impact. The journal accepts submissions from scholars and practitioners, contributing to a growing body of knowledge in the field.
Focus on Financial Sustainability and Food Security
One key study featured in the new issue examines liquidity management within waqf institutions. The research suggests that effective liquidity management is crucial for enhancing the long-term financial sustainability of these endowments. This is particularly relevant as waqf institutions increasingly seek to diversify their investments and expand their reach.
Additionally, the journal includes research on the potential of waqf to address food supply chain vulnerabilities. The study proposes establishing stable financing mechanisms through waqf to respond to humanitarian crises and disasters, ensuring a more resilient food system. This aligns with growing global concerns about food security and the need for innovative financing solutions.
Integrating Technology and Modern Challenges
Dr. Khalid Al-Awn, Head of the Awqaf Studies Center, stated the journal’s research is centered around two core themes. The first is the traditional role of waqf in supporting scientific, food, and agricultural institutions. The second, and increasingly important, pillar focuses on leveraging modern technologies, including artificial intelligence, to enhance the effectiveness of waqf.
However, the integration of new technologies presents challenges. Researchers are exploring how waqf institutions can adapt to the rapidly changing technological landscape while maintaining their core values and principles. This includes considerations around data privacy, ethical AI implementation, and ensuring equitable access to benefits.
The journal also addresses the broader context of Islamic finance and its role in sustainable development. The research indicates that waqf can serve as a vital instrument for achieving social and economic goals aligned with Islamic principles. This is particularly important in regions facing economic hardship or social inequality.
Meanwhile, the increasing focus on Environmental, Social, and Governance (ESG) investing is also influencing the waqf sector. Institutions are exploring ways to align their investments with ESG criteria, further enhancing their positive impact on society and the environment.
In contrast to traditional philanthropic models, waqf offers a unique approach to long-term sustainability. By establishing endowments, waqf institutions can generate a continuous stream of funding for charitable purposes, ensuring lasting benefits for communities. This model is gaining traction as a viable alternative to short-term aid programs.
The Awqaf Studies Center has not announced a specific timeline for the next issue of Al-Waqf. Future editions are expected to continue exploring emerging trends in the field, including the impact of fintech on waqf operations and the potential for cross-border collaboration. Researchers and policymakers will be watching for further developments in the application of technology and innovative financial instruments within the waqf sector.
