This paper explores the transformative potential of waqf as an alternative and sustainable source of university funding, with a specific focus on its legal dimensions. In light of increasing financial constraints faced by higher education institutions, waqf an Islamic endowment rooted in charitable giving offers a viable and culturally relevant mechanism for long-term financial sustainability. However, the effective implementation of waqf in modern university governance requires robust legal frameworks, clear regulatory guidelines, and institutional support. This study analyses existing laws and policies governing waqf in selected jurisdictions, identifies legal gaps, and proposes reforms that could enhance the operationalization of waqf in higher education settings. By bridging the disciplines of Islamic finance, education policy, and law, the paper aims to contribute to a more integrated approach in reimagining university funding strategies through the lens of legal empowerment and waqf revival.
Saufi et al. (Wed,) studied this question.