Shariah Policy

This Shariah Policy establishes the binding framework that governs every aspect of WaqfChain to ensure full compliance with Islamic law (fiqh al-awqaf), AAOIFI Shari'ah Standard No. 60 (Waqf), Governance Standard GS 13, and the classical rulings of the four madhāhib (Hanafi, Maliki, Shafi'i, Hanbali). The waqf corpus (aṣl al-waqf) is sacred and must remain perpetually inalienable.

• Hifẓ al-Māl (protection of wealth): The principal of every waqf is 100% untouchable.
• Amanah (trustworthiness) and ʿAdl (justice): All decisions follow shūrā (Qur'an 42:38; 3:159).
• Maṣlaḥah (public interest) and Sadd al-Dharā'iʿ (blocking the means to harm).
• No riba, gharar, maysir, or any prohibited transaction.
• All investments and revenue distributions must be AAOIFI- and IFSB-compliant.

• No platform fees, commissions, or deductions may ever be taken from any waqf corpus or its generated revenues for operational costs.
• No use of waqf assets for interest-bearing instruments, speculative finance, or non-Shariah-compliant activities.
• No waqf may be dissolved, sold, mortgaged, or inherited.

Every waqf proposal follows the exact multi-tiered flow defined in the WaqfChain Whitepaper Section 13:

The Independent Shariah Supervisory Board holds ultimate authority on all Shariah matters and may issue fatwas or reject proposals at any stage.

All waqf donations on WaqfChain are zakat-eligible as sadaqah jariyah, provided the donor's intention (niyyah) is pure. Each donation generates a perpetual record on the blockchain, serving as immutable proof of charitable intention.

Any breach of this policy results in immediate project suspension and referral to the Shariah Board. The Board's decisions are final and binding on all parties. Severe breaches may result in permanent platform exclusion and public disclosure.