The Waqf Act, 1995, was enacted and became effective on 22nd November 1995 for a better administration and supervision of waqfs and also the establishment of central waqf council and state waqf boards. The main objectives of the Waqf Act, 1995 are: To provide better administration and management of waqf, waqf properties , and anything in relation to waqf. 28-A ACCORDING TO MERRIAM DICTIONARY WORD MEANINF OF waqf noun Save Word To save this word, you'll need to log in. Log In variants: or wakf \ ˈwəkf \ plural -s Definition of waqf 1 : an Islamic endowment of property to be held in trust and used for a charitable or religious purpose 2 : a Muslim religious or charitable foundation created by an endowed trust fund The Wakf Act 1995 defines the WAKF as the permanent dedication by a person professing Islam, of movable or immovable property for any purpose recognized by the Muslim law as pious, religious or charitable