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The management of cash waqf: toward socio-economic development of Muslims in Malaysia

The purpose of this study is to examine the applicability of cash waqf among the Muslim society. It seeks the evidence of how waqf improves the socio-economic condition of Muslims in Malaysia. Two established waqf institutions in Malaysia had been selected, namely Waqaf Annur Corporation Berhad an...

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Main Authors: Soliha Sanusi,, Muhammad Hakimi Mohd Shafiai,
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2015
Online Access:http://journalarticle.ukm.my/9421/1/11117-30843-1-PB.pdf
http://journalarticle.ukm.my/9421/
http://ejournal.ukm.my/pengurusan/issue/view/699
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spelling my-ukm.journal.94212016-12-14T06:49:53Z http://journalarticle.ukm.my/9421/ The management of cash waqf: toward socio-economic development of Muslims in Malaysia Soliha Sanusi, Muhammad Hakimi Mohd Shafiai, The purpose of this study is to examine the applicability of cash waqf among the Muslim society. It seeks the evidence of how waqf improves the socio-economic condition of Muslims in Malaysia. Two established waqf institutions in Malaysia had been selected, namely Waqaf Annur Corporation Berhad and Perbadanan Wakaf Selangor as representatives of private and public sectors, respectively. Data was collected through interviews, data archives and document reviews. Both institutions show signifi cant evidence of waqf contribution to religious, economic and social activities. Perbadanan Wakaf Selangor focuses on benefi ts to the public such as mosque management and school development, while Waqaf Annur Corporation Berhad provides funds for public utilities as well as for individuals. This paper contributes to the literature of cash waqf and also informs stakeholder that waqf is the alternative method toward societal development. Comparative studies on cash waqf between countries or between Muslim and non-Muslim endowments are encouraged for future research. Penerbit Universiti Kebangsaan Malaysia 2015 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/9421/1/11117-30843-1-PB.pdf Soliha Sanusi, and Muhammad Hakimi Mohd Shafiai, (2015) The management of cash waqf: toward socio-economic development of Muslims in Malaysia. Jurnal Pengurusan, 43 . pp. 3-12. ISSN 0127-2713 http://ejournal.ukm.my/pengurusan/issue/view/699
institution Universiti Kebangsaan Malaysia
building Perpustakaan Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description The purpose of this study is to examine the applicability of cash waqf among the Muslim society. It seeks the evidence of how waqf improves the socio-economic condition of Muslims in Malaysia. Two established waqf institutions in Malaysia had been selected, namely Waqaf Annur Corporation Berhad and Perbadanan Wakaf Selangor as representatives of private and public sectors, respectively. Data was collected through interviews, data archives and document reviews. Both institutions show signifi cant evidence of waqf contribution to religious, economic and social activities. Perbadanan Wakaf Selangor focuses on benefi ts to the public such as mosque management and school development, while Waqaf Annur Corporation Berhad provides funds for public utilities as well as for individuals. This paper contributes to the literature of cash waqf and also informs stakeholder that waqf is the alternative method toward societal development. Comparative studies on cash waqf between countries or between Muslim and non-Muslim endowments are encouraged for future research.
format Article
author Soliha Sanusi,
Muhammad Hakimi Mohd Shafiai,
spellingShingle Soliha Sanusi,
Muhammad Hakimi Mohd Shafiai,
The management of cash waqf: toward socio-economic development of Muslims in Malaysia
author_facet Soliha Sanusi,
Muhammad Hakimi Mohd Shafiai,
author_sort Soliha Sanusi,
title The management of cash waqf: toward socio-economic development of Muslims in Malaysia
title_short The management of cash waqf: toward socio-economic development of Muslims in Malaysia
title_full The management of cash waqf: toward socio-economic development of Muslims in Malaysia
title_fullStr The management of cash waqf: toward socio-economic development of Muslims in Malaysia
title_full_unstemmed The management of cash waqf: toward socio-economic development of Muslims in Malaysia
title_sort management of cash waqf: toward socio-economic development of muslims in malaysia
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2015
url http://journalarticle.ukm.my/9421/1/11117-30843-1-PB.pdf
http://journalarticle.ukm.my/9421/
http://ejournal.ukm.my/pengurusan/issue/view/699
_version_ 1643737790481956864
score 13.211869

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