ISRA International Journal of Islamic Finance (IJIF) is pleased to publish its first Special Issue that focuses on fundamental tool of Islamic social finance, notably waqf and discusses the challenges and opportunities in the sector. This Special Issue is published in collaboration with the Centre of Excellence in Islamic Social Finance (CoEISF), an initiative of INCEIF University, which aspires to be the global thought leader in Islamic social finance by promoting social impact-driven research and developing innovative products and services in Islamic social finance for the industry. As part of its effort to be a referral centre in Islamic social finance research, CoEISF has embarked on a number of strategic partnerships with the Islamic social finance fraternity, developed impactful research collaborations with relevant Islamic social finance entities, and provided talent development programmes in Islamic social finance.