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32 Vand. J. Transnat'l L. 1191 (1999)
The Role of Legal Doctrine in the Decline of the Islamic Waqf: A Comparison with the Trust

handle is hein.journals/vantl32 and id is 1207 raw text is: The Role of Legal Doctrine in the Decline of the Islamic Waqf.j A Comparison with the Trust Jeffrey A. Schoenblum* TABLE OF CONTENTS I. INTRODUCTION ........................................................ 1191 II. A BRIEF INTRODUCTION TO ISLAMIC LAW AND THE WAQF .............................................................. 1194 III. THE WAQFVERSUS THE TRUST .................................. 1198 A. Fundamental Differences in the Sources and Evolution of the Law, Norms as to Utilization, and State Regulation ................... 1198 1. The Religious Versus Secular Foundations of the Two Legal Constructs ....................................... 1198 2. Differences in Norms as to Utilization of the Waqf and the Trust .......................................... 1201 3. The Different Experiences with State Regulation ............................... 1204 B. Significant Technical Distinctions Between the Waqf and the Trust ................................. 1205 1. The Mandatory Rule in Favor of Perpetuities ...................................... 1206 2. The Inalienability of WaqfProperty... 1212 3. Ownership of Assets ......................... 1217 4. Who Can Create a Waqf and How Is It Created? ................................... 1224 IV. CONCLUSION ........................................................... 1226 I. INTRODUCTION An intriguing question related to this symposium's focus on the international trust is whether other legal systems have 1191 * Professor of Law, Vanderbilt University School of Law.