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Similarities between the Jersey foundation and the Waqf

Posted on 09 December 2009

From Globalarabnetwork.com: The Foundations (Jersey) Law 2009 (the “Foundations Law”) was registered by the Royal Court of Jersey on 19 June 2009 and came into force on 17 July 2009.
In the past a substantial amount has been written about the use of Jersey-based Shari’a-compliant trusts as a financial planning tool for Muslims, and the similarities between the Jersey Trust and the Waqf……………………………..Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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