According to Othman ibn Affan (RA). The Prophet (PBUH) said: Whom would buy “Romah Well” and make his share like the rest of the whole people?
Othman (RA) bought the well. Moreover, he did as the Prophet had said. Therefore, it was one of the first ‘endowments’ in Islamic history. As a result, this example highlights the importance of public services. In other words, they should be available to everyone (Sahih Al Bokhary).
In addition, Ibn Umar (RA) said the Prophet (PBUH) first encouraged the concept of Waqf in islam when Umar (RA) asked the Prophet “Allah’s Messenger, I have acquired land in Khaibar. I have never acquired more valuable for me than this. Thus, what do you command me to do with it?”
The Prophet (PBUH) said: “If you like, you may give the benefit to charity whilst preserving it, so that it can no longer be bought, nor be sold, nor may it be possible to give it away or bequeath it.”
Umar endowed the land as Waqf to the benefit of the community and declared that the property must not be sold or inherited or given away as a gift. (Sahih Muslim)
Around the world, we see Waqf, which has benefitted communities for hundreds of years. Here are a few examples from the Middle East and Europe.