[2]Designate the beneficiaries clearly: family, poor, mosque, school, etc.
[2]Make the waqf permanent and irrevocable — the capital is preserved, benefits are distributed.
[2]Appoint a trustworthy administrator (mutawalli) for the waqf.
[2]'Umar RA established the first known waqf — a date grove whose produce was given in charity. (Bukhari 2737)