The Role of Waqf in Facing the Deficit in the State

Vision 2030 Budget - a Study in the Light of

Abstract

The research aims at highlighting the role of Waqf in achieving economic justice among members of the same society through reducing the differences between them and redistributing wealth. It also aims at highlighting the aspects of Waqf's contribution to increasing capital accumulation and pushing the pace of development through multiple forms of investment of Waqf funds. The research used the descriptive analytical method that based on understanding, analysis and discussion of views. The research is divided into four chapters as follows: first: Waqf and its legitimacy, second: the relationship of the Waqf to the economic development, third: the role of the Waqf in supporting the general budget of the State, finally, the conclusion that included the results and recommendations of the research. The research concluded that the economic development Waqf guarantees the survival and protection of money and the perpetual use of it and achieve broad and comprehensive economic goals in the light of the Kingdom's Vision 2030 and provides ways of sustainable scientific and practical development of society through various fields, including scientific and health, infrastructure, construction, social welfare and fighting poverty.