Redefining charitable endowments: The shift towards digital assets in Qatar's legal framework
Abstract
The endowment system (Waqf), legislated as a means of drawing nearer to God, is governed by definitive rulings that have shaped its development over centuries. Muslim jurists have expanded its scope to include diverse forms, ranging from real estate and movable properties to the endowment of benefits. In light of rapid advancements in human civilization, there is now a pressing need to consider the establishment of digital asset endowments. Denying their permissibility risks closing an important avenue of benevolence. This study explores the potential of digital asset endowments by examining the challenges faced by traditional charitable endowments and the necessity of adapting to contemporary contexts. It addresses both the legal and economic dimensions of this transition, framed within current economic, social, political, and educational realities. The research further seeks to harmonize the jurisprudential foundations of Waqf with the provisions of Qatari endowment legislation. Ultimately, it calls for legislative reform to regulate digital asset endowments effectively, ensuring their compatibility with the intrinsic characteristics of this emerging form of wealth.
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