Section 10. Wakaf ahli, irsad, manqul, musyak, musytarak, wakaf shares or wakaf takliq (WAKAF ENACTMENT (PERAK) 2015

ENACTMENT 9 OF 2015
WAKAF ENACTMENT (PERAK) 2015

PART II - CREATION OF WAKAF

Section 10. Wakaf ahli, irsad, manqul, musyak, musytarak, wakaf shares or wakaf takliq

(1) A waqif may create wakaf ahli, irsad, musyak, musytarak, wakaf shares or wakaf takliq to his property.

(2) For the purpose of this section-

(a)

“wakaf ahli”

or “

wakaf zurri”

means a wakaf dedicated by the

waqif

to his family or a specific person or persons for the purpose of charity;

(b)

“wakaf irsad”

means a property endowed by the State Authority, corporation, institution, organisation or other bodies according to

Hukum Syarak;

(c)

“wakaf manqul”

means to endow movable property;

(d)

“wakaf musyak”

means to endow any rights of any property which is jointly owned and cannot be divided;

(e)

“wakaf musytarak”

means the consolidation of several wakaf including any

wakaf

created by way of istibdal and

wakaf

shares;

(f)

“wakaf

of shares” means to endow paid-up share held in any company or business, or trust shares or other financial instruments; and

(g)

“wakaf takliq”

means a

wakaf

which only comes into effect upon conditions determined by the

waqif

are fulfilled.