Çengelköy Fountains Cash Waqf and Boat Business Çengelköy Çeşmeleri Para Vakfı ve Kayık İşletmesi

Abstract

This paper presents 45 annual accounting books which were discovered in the Üsküdar sharia court records for the Çengelköy Fountains Cash Waqf for the time period 1161 to 1225 Hijri, with all of the income and expenses of the waqf being analyzed. As a result, the waqf, which initially earned income only through exchanging cash, later began to generate income from the rental and operation of the market boat. The present research is especially focused on the profitability of the waqf's boat business. The data obtained has been compared with the profitability of the waqf's cash capital operation and real estate investments.