In this specialized study, Professor Dr. Abul Hasan M. Sadeq examines the institutional landscape of Awqaf (Islamic Endowments) in Bangladesh. He explores how these perpetual charitable trusts, which historically funded the backbone of Muslim social services, can be revitalized to address contemporary poverty and development challenges.

Professor Sadeq identifies several key areas of concern and opportunity:

• Legal and Administrative Framework: An analysis of the Waqf Ordinance and the role of the Office of the Waqf Administrator in managing thousands of estates across the country.
• Resource Underutilization: The research points out that many Waqf properties are inefficiently managed or encroached upon, leading to a massive loss of potential revenue for the social sector.
• Developmental Impact: Proposing a transition from "traditional Waqf" (focused mainly on mosques and graveyards) to "productive Waqf" that funds modern schools, hospitals, and micro-investment funds.
• Poverty Alleviation: How a modernized Waqf system can provide a sustainable, non-government source of social security, reducing the nation's dependence on external aid.

The paper concludes that with better governance and professional management, the Awqaf in Bangladesh could become a primary engine for indigenous economic development and social justice.

Core Concepts: Awqaf, Islamic Endowments, Bangladesh Development, Social Safety Nets, Institutional Reform, Poverty Alleviation, AUB.