ABSTRACT
This chapter provides the examples of sound economic management of waqf properties with cases of neglect and mismanagement, as reflected in the sijill and in administrative documents. It also compares waqf management by the mutawalls with the administration of mab waqf properties by the SMC. The most important test of the mutawall as administrator was his ability to obtain maximum revenues from the property he managed. Ongoing management of a waqf includes the following, First, letting the property and collecting the rent. This rule was designed to deny tenants the possibility of asserting possession rights. It also enabled the mutawall to raise the rent periodically and keep it up to the market level. It then focuses on keeping the property in good repair, including renovations and preservation when necessary and also by paying property taxes and then keeping the property fully under waqf control preventing trespass and usurpation. Then finally by drawing up regular financial statements and having it audited.
