Glossary

Lorem ipsum dolor sit amet, consectetur adipisicing elit. Officiis nostrum at praesentium quaerat, quas libero consequuntur eligendi ullam autem dolorum placeat expedita dolores modi commodi amet tempore possimus dolore sint!

Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Wadī’ah وديعة

Safe custody. Originally, safe custody is referred to as wadī’ah yad amānah, i.e. trustee custody, which according to Sharīah, the trustee custodian has the duty to safeguard the property held in trust.

Wadī’ah yad amānah changes to wadī’ah yad dhamānah (guaranteed custody) when the trustee custodian violates the conditions to safeguard the property. He (the custodian) then has to guarantee the property.

Wakālah وكالة
A contract of appointment of an agent whereby a person appoints another to act on his behalf.
Wakil
Agent
Wali
Guardian
Waqf وقف
An endowment or a charitable trust set up for Islamic purposes (usually for education, mosques, or for the poor). It involves tying up a property in perpetuity so that it cannot be sold, inherited, or donated to anyone.
Wasi
Executor