OVERVIEW OF WAKAF
What is Wakaf?
Wakaf is when you donate your cash or property as charity for pious and religious causes. The ownership of the asset that you donate is transferred to Allah s.w.t., and cannot be sold, given away or inherited by anyone until the end of time.
This form of ongoing and recurring charity is known as sadaqah jariyah. You will continue receiving rewards and blessings even after you have passed on, as long as the asset that you have donated continues to exist.
If you contribute Wakaf, you are the wakif. Reference: Muis SG