---
title: "What is Nazir (waqf trustee)? | IslamicOpenFinance™"
description: "The trustee who manages a waqf according to the founder's conditions; also called the mutawalli."
url: https://islamicopenfinance.com/glossary/nazir/
lang: en-GB
source: "IslamicOpenFinance"
---

[Glossary](https://islamicopenfinance.com/glossary/) / [Social finance and zakat](https://islamicopenfinance.com/glossary/#social)

Social finance and zakat

# Nazir (waqf trustee)

The trustee who manages a waqf according to the founder's conditions; also called the mutawalli.

The nazir, also called the mutawalli, is the person or body appointed to manage a waqf. The nazir preserves and invests the waqf assets, collects income and distributes benefits according to the founder's conditions, and may be entitled to a fee for this work. In many jurisdictions a public waqf authority supervises waqf administration or acts as nazir itself.

This entry explains a term; it is not a Shariah ruling. Approving a product is for each institution's own Shariah board and regulator.

## Related terms

[**Waqf** An endowment: an asset is dedicated so that its principal is preserved and its benefits go to a stated purpose.](https://islamicopenfinance.com/glossary/waqf/) [**Cash waqf** A waqf whose endowed asset is money, invested so that its returns fund the waqf's purpose while the capital is preserved.](https://islamicopenfinance.com/glossary/cash-waqf/) [**Fiduciary risk** The risk that an institution fails to meet the standards that apply to its duties as trustee or manager of others' funds.](https://islamicopenfinance.com/glossary/fiduciary-risk/)

**Social finance and zakat**

1. [Zakat](https://islamicopenfinance.com/glossary/zakat/)
2. [Nisab](https://islamicopenfinance.com/glossary/nisab/)
3. [Waqf](https://islamicopenfinance.com/glossary/waqf/)
4. [Sadaqah](https://islamicopenfinance.com/glossary/sadaqah/)
5. [Qard hasan](https://islamicopenfinance.com/glossary/qard-hasan/)
6. [Zakat recipients (asnaf)](https://islamicopenfinance.com/glossary/zakat-recipients/)
7. [Cash waqf](https://islamicopenfinance.com/glossary/cash-waqf/)
8. [Zakat base](https://islamicopenfinance.com/glossary/zakat-base/)

[All 221 terms](https://islamicopenfinance.com/glossary/)