The productive endowment based on its definition and concept, contains any provisions on the economy, because by doing productive endowment means transferring the wealth from the effort of consumption towards production and investment in a productive capital which can produce something that can be consumed in next times, either by individuals and groups. Thus, the productive endowment is saving and investing activities simultaneously. It includes any activities that may hold the property which can be utilized by waqif directly or after changing into consumer goods. Therefore, the waqf is an activity that contains many elements of future investments and develops the productive assets for future generations in accordance with the charitable purpose, in the form of benefits, services and utilization of the results. The depth review of the productive endowment was written by Monzer Kahf in his book, Al-Waqf al- Islami; Tathawwuruhu, Idaratuhu, Tanmiyyatuhu. He discussed about the definition of waqf, its history and jurisprudence waqf, the method of management of productive endowment, and its role in improving the welfare of the people and developing the Islamic institutions.
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