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Waqf and its contribution in education in historical perspective :
Endowments are one of the most important financial sources that ever existed in classical Islamic era. Substitution of one ruler to another did not dampen the importance of endowments in sustainable development, particularly with regard to the development of science and the entire surrounding infrastructure. In the classical period of Islam, education reached its peak. From philosophy to the exact sciences, all grown up to the point where there is never a period before Islam can ever achieve. The western world evolving right now is none other than the glory of Islamic scholarship derivatives in the previous period. Historically, one of many things that encourage the rapid development of Islamic scholarship in the calssical period is financial unsound endorse, including the waqf. Endowments, which are managed either by the state or private - in this case the educational institution, is very significant role in developing scientists in various fields of science...ifa.
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