Ep. 110: Wealth in Worship Part 4: Waqf, Why and How - Junaid Din

What is a Waqf? Why should each community have one and how can they build one? In this episode, Umar Moghul speaks with Junaid Din, co-founder of Yaqeen Research Institute, as he shares his journey as Chief Investment Officer of Yaqeen Endowment, one of the foremost waqf in the US - designing inclusive governance, building enduring financial capability, and deploying capital to advance a deeper Shariah compliance.

CHAPTERS:

0:00 - Introduction

1:41 - What Exactly is a Waqf?

2:46 - Endowments in Muslim History

4:38 - Uthman's Well and Modeling Sustainability

9:44 - Why Revive the Waqf Now?

11:49 - Operations Vs Endowments

15:30 - Portfolio Choices: The House Next-door?

20:29 - Challenges in Management

23:52 - Governance

26:36 - Transparency With the Community