---
title: "What is Waqf khayri (charitable waqf)? | IslamicOpenFinance™"
description: "A waqf whose income or usufruct is dedicated to a charitable purpose."
url: https://islamicopenfinance.com/glossary/waqf-khayri/
lang: en-GB
source: "IslamicOpenFinance"
---

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

Social finance and zakat

# Waqf khayri (charitable waqf)

A waqf whose income or usufruct is dedicated to a charitable purpose.

A waqf khayri is a charitable waqf: an endowment whose income or usufruct is dedicated to a charitable purpose, such as a mosque, school, hospital or relief for the poor. AAOIFI's waqf standard names it as one of the main types of waqf, next to the family waqf, the joint waqf and the self-dedicated waqf. Because the beneficiaries are a purpose rather than named people, the deed's statement of purpose and the trustee's reporting against it are what allow donors and supervisors to check that income is used as intended.

## Sources

- [AAOIFI Shari'ah Standards, English edition (full text, PDF): Shari'ah Standard No. 33, Waqf, items 2/3 and 2/3/1](https://aaoifi.com/wp-content/uploads/2017/12/Shariaa-Standards-ENG.pdf)

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/) [**Waqf ahli (family waqf)** A waqf whose income goes to specified persons, usually family members, and to charity when none remain.](https://islamicopenfinance.com/glossary/waqf-ahli/) [**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/) [**Nazir (waqf trustee)** The trustee who manages a waqf according to the founder's conditions; also called the mutawalli.](https://islamicopenfinance.com/glossary/nazir/) [**Sadaqah** Voluntary charity given to people in need, beyond the obligatory zakat.](https://islamicopenfinance.com/glossary/sadaqah/)

**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. [Nazir (waqf trustee)](https://islamicopenfinance.com/glossary/nazir/)

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