Study of Cash Waqf and Its Impact on Poverty (Case Study of Iran)1

The purpose of this research is to analysis the role of cash waqf in investment increase in the form of financing the Islamic contracts and it's economic impact on poverty reduction. As the methodology of this research is survey-analysis and based on analysis of covariance matrix by using a Structural Equations Modeling (SEM), a questionnaire has been designed and distributed among 110 members of related professors and specialists in Mashhad City, Iran. The results of this paper may serve as a scientific resource for the waqf institutions and also can be used in the banking system of Iran for charitable purposes. Moreover, due to the increase of orientation towards Islamic economic in Iran, this survey can be a good source for studies and researchers of university. This paper is the first study on cash waqf in Iran that provide economic result based on statistical methodology and questionnaire. Conversely, other studies are based on juridical methodology.