Endowment of Money in Imamiyya Jurisprudence and the Four Sunni Schools of Law

In Islamic texts, endowment of money has appeared, mostly in the form of the "endowment of dirham and dinar" because money in the early Islamic era has been confined to these two types. The definition provided by the jurists for Waqf (religious endowment) caused to dedicate some important things whose advantage do not waste them. And thus, expanding the circle of Waqf and equipping many assets in its frame have been impossible. Due to the Contractual Nature of money, this question is raised: "Is endowment of money legitimate?" Some Imāmī, Hanbalī and Shāfi'ī and most of the Hanafī jurists, among the community of Shiite and Sunnī scholars, have permitted the endowment of money and many of the Mālikī jurists have agreed absolutely with this issue. These reasons can be cited by the jurists; being the same sentence of Waqf with loan and hire of money, endowment of money's capable of being owned, no contradiction between endowment of money and its remaining, Wise people's view and applying its reason, etc. In the article, we write about it.