To What Extent the Legislation for Waqf Estates Management Could Safeguard the Beneficiary¿s Interest

Academic Paper from the year 2015 in the subject Law - Comparative Legal Systems, Comparative Law, grade: A*, , course: 31st Foundation Training Course, 2015,, language: English, abstract: According to the Mohammedans law, an unchallengeable religious endowment of any property for any charity, or religious purposes, or to secure the benefit of the property for the future generation or to the human being is called Waqf and it has long practice in Bangladesh. For the better management of Waqfs or religion endowments for charity, the Government of Bangladesh has introduced new law by amending the previous Acts and Ordinance.The new law still has some limitation that resulted all over the country, there are huge areas of Waqf estates those have already gone under possession of social elites, political clowns, and even governmental agencies. This study identifies that the new law provided special emphasis on the welfare and interest of the Waqf beneficiaries by transferring property that is a major drawback. It recommends alternative funding rather than property transfer or sell-out, prevents illegal possession, training for the administrators.