In terms of language: stop, restrain, hinder.
In terms of Terminology: Any property to which the endower retains the right to such property from any dealings of sale, inheritance, hibah and will while maintaining its physical resources, for welfare with the intention of bringing the wakaf closer to Allah S.W.T.
Wakaf ASNB is a platform for ASNB unit holders to contribute their ASNB unit trust investments through the concept of investments and wakaf to ensure that their contribution remains continuous.
Unit holder’s wakaf fund will be retained as the principal investment and only the returns from this investment will be channeled to identified national wakaf projects that aim towards the development of community and ummah.
Projects related to the health sectors such as purchases of hospital equipments for the treatments of the needy, as well as assistance for chronic patients with cancer, kidney diseases, heart diseases or other illnesses.
The community empowerment sector such as building houses or providing other necessities for the needy like single mothers, the poor and homeless.
Humanitarian missions especially for the needy, victims of flood or other natural disasters.