By Jasreet Kaur08, Aug 2024 02:00 PMjagranjosh.com
The Waqf Act, 1995, governs waqf properties in India. Waqf means property or assets given for charity under Islamic law. Tap to read about Waft act 1995.
Regulations
The Waqf Act, 1995, lays down regulations that govern the management of waqf properties in India.
Definition
Under Islamic law, waqf means a gift or property given to a charity or religious purpose.
Establishment of Boards
This Act establishes Central and State Waqf Boards for control over waqf properties.
Registration
Every waqf property must be recorded with the State Waqf Board. The Act has provisions for taking care and developing waqf properties.
Audit
Regular audits should also be done on these accounts as stipulated by this Act so that they may appear honest and transparent to the board appointed responsible for oversight.
Protection
This Act aims at preventing individuals from alienating the land belonging to waqfs thereby ensuring its use is beneficial to society at large.