Araştırma Makalesi

Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation

Sayı: 12 31 Aralık 2024
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Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation

Öz

The Al-Marsad (observatory) contract holds significant importance as a means for developing and investing in urban Waqf (endowment) lands. It serves as an exception when the endowment lacks the resources to independently develop the land. Under this right, private capital can be utilized, with the proceeds from construction benefiting the Waqf. The observatory owner can recover their construction expenses along with profits. Importantly, the investment value remains a debt secured by the Waqf. Unlike direct ownership, the observatory right is not a real property right stemming from Waqf ownership. Instead, it is a unique personal right that allows the owner to exploit the building, transfer it to others, and pass it on to heirs within the bounds of creditor rights. Although it intersects with provisions related to newly established exploitation contracts, its distinct nature makes it an effective method for developing and investing in Waqf properties, necessitating legislative regulation

Anahtar Kelimeler

Kaynakça

  1. Abu Zahra, Muhammad. Lectures on Waqf. Cairo: Dar Al-Fikr Al-Arabi, 1971.
  2. Al-Dawaba, Ashraf Muhammad. Investment Funds in Islamic Banks between Theory and Practice. Egypt: Dar es-Salaam, 2004.
  3. Al-Helou, Majid Ragheb. Al-Uqood Al-Idariyya (Administrative Contracts). Alexandria: Dar Al-Jamia Al-Jadida, 2010.
  4. Al-Huwais, Saleh bin Sulaiman bin Hamad. Provisions of the Hikr Contract in Islamic Jurisprudence, Macca: Umm Al-Qura University, Faculty of Sharia and Islamic Studies, Doctoral Thesis in Jurisprudence, 1427/1428.
  5. Al-Omar, Fouad Abdullah. Investing Endowed Funds - Economic Conditions and Development Necessities. Kuwait: Al-Amanah General Endowments, 2007.
  6. Al-Sadda, Faraj Abdul Munim. Original Real Rights, A Study in Lebanese and Egyptian Law. Beirut: Dar Al-Nahda Al-Arabiya, 1982.
  7. Al-Sanhouri, Abderrazak Ahmed. Al-Wasit fi Sharh al-Qanun al-Madani al-Jadid [Intermediary in the Explanation of the New Civil Code]. 6 Volumes. Beirut: Al-Halabi Legal Publications, 3rd Edition, 1998.
  8. Amin, Manajli Ahmed. “Leasing Waqf Real Estate in Algerian Legislation”. Journal of Human Sciences 5/1 (2018), 51-66, https://www.univ-oeb.dz/JHS/docs/n9/4.pdf.

Ayrıntılar

Birincil Dil

İngilizce

Konular

İslam Hukuku

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

30 Aralık 2024

Yayımlanma Tarihi

31 Aralık 2024

Gönderilme Tarihi

7 Ağustos 2024

Kabul Tarihi

13 Aralık 2024

Yayımlandığı Sayı

Yıl 2024 Sayı: 12

Kaynak Göster

APA
Mehda, D. (2024). Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation. ATEBE, 12, 151-180. https://doi.org/10.51575/atebe.1529694
AMA
1.Mehda D. Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation. ATEBE. 2024;(12):151-180. doi:10.51575/atebe.1529694
Chicago
Mehda, Djelloul. 2024. “Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation”. ATEBE, sy 12: 151-80. https://doi.org/10.51575/atebe.1529694.
EndNote
Mehda D (01 Aralık 2024) Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation. ATEBE 12 151–180.
IEEE
[1]D. Mehda, “Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation”, ATEBE, sy 12, ss. 151–180, Ara. 2024, doi: 10.51575/atebe.1529694.
ISNAD
Mehda, Djelloul. “Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation”. ATEBE. 12 (01 Aralık 2024): 151-180. https://doi.org/10.51575/atebe.1529694.
JAMA
1.Mehda D. Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation. ATEBE. 2024;:151–180.
MLA
Mehda, Djelloul. “Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation”. ATEBE, sy 12, Aralık 2024, ss. 151-80, doi:10.51575/atebe.1529694.
Vancouver
1.Djelloul Mehda. Al-Marsad Right as a Mechanism for Developing and Investing in Urban Waqf Properties in Algerian Legislation. ATEBE. 01 Aralık 2024;(12):151-80. doi:10.51575/atebe.1529694