Ziauddin University MoU – Legal Feasibility Partnership
Press Release
The Islamic Chamber of Commerce, Industry and Agriculture and Ziauddin University signed a Memorandum of Understanding (MoU) on March 1, 2023, to develop jointly develop a framework and a legal study for the registration of waqf land. This study will help to understand the modality of waqf land in ICCIA member countries to operationalize ICCIA’s Green Waqf initiative and other activities focused on the institution of waqf. The project aims to provide a practical Islamic solution to tackle climate change, preserve biodiversity, and combat poverty by reviving the historical concept of the waqf.
The Green Waqf Initiative is a unique initiative that seeks to revive a historically proven model that caters to cultural and religious sensitivities and promotes practical solutions within the 57 Muslim-majority countries of the OIC but beyond. As part of the MoU, ZU’s Faculty of Law, Politics & Governance Centre for Human Rights will lead research around waqf legislation in Pakistan, working in collaboration with the ICCIA to assist in the launch of the first pilot project. The initial phase of the project will focus on Pakistan’s legal landscape around the waqf, but it is projected to expand to other jurisdictions, including other OIC member states.
Mr Syed Muaz Shah, the Centre for Human Rights department’s lead researcher, will coordinate with Mr Saad Pasha from the ICCIA to oversee the study, with students expected to contribute to the research. The MoU was signed by H.E. Yousef Hasan Khalawi, the Secretary General of the ICCIA, and the Vice Chancellor of Ziauddin University Dr Irfan Hyder on behalf of their respective organizations.
H.E. Sheikh Yousef Khalawi recognized the preliminary research done by 2 students, Alishba Fazal and Areeba Qureshi, under the supervision of Mr Syed Muaz Shah Director at the Faculty of Law, Politics & Governance on waqf and carbon credits. He subsequently invited them to the Al-Baraka Symposium 43, “The Sustainability Authenticity in Islamic Economy” happening this month in Madinah, Saudi Arabia, and to perform Umrah on a fully sponsored trip. His Excellency said, “Young people like these 2 young women have to carry on the spirit of research and innovation for the next generation and that is what this Green Waqf Initiative and the various activities at ICCIA is all about – true sustainability for the future generations to come.”
H.E. Yousef Hasan Khalawi, Secretary General of the ICCIA, said, “We are delighted to partner with Ziauddin University on this important initiative. The Green Waqf Initiative aligns with our vision to promote sustainable development, and we are confident that this partnership will contribute to advancing our common goals.”
Dr. Irfan Hyder, Vice Chancellor of Ziauddin University, said, “We are honored to partner with the Islamic Chamber of Commerce, Industry & Agriculture to launch the Green Waqf Initiative, which seeks to provide a practical solution to tackle climate change and promote sustainability. We look forward to working together to develop innovative ideas that can make a real impact on the world.”
For more information on the Green Waqf Initiative, please visit <a href=”http://www.greenwaqfinitiative.com/.”>Green Waqf Initiative</a>