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On the dimensions of waqf performance measurements: a survey

Issues in waqf management have been extensively deliberated with concerns about whether they have been efficiently and competently managed in order to accomplish intended objectives of their stakeholders. Studies on the performance measurement of these organizations exposed the use of financial rati...

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Main Authors:	Md. Said, Zainol, Al-Shaghdari, Fahd Mohammed Obad, Ateik, Al-Harath, Aljounaidi, Abdoulrahman
Format:	Article
Language:	English
Published:	Usuli Faqih Research Centre PLT 2024
Subjects:	BPH Islamic Economics BPH741 Waqf
Online Access:	http://irep.iium.edu.my/111428/1/111428_On%20the%20dimensions%20of%20waqf%20performance.pdf http://irep.iium.edu.my/111428/ https://al-qanatir.com/aq/article/view/637/500 https://al-qanatir.com/aq/article/view/637
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id	my.iium.irep.111428
record_format	dspace
spelling	my.iium.irep.1114282024-08-22T02:44:23Z http://irep.iium.edu.my/111428/ On the dimensions of waqf performance measurements: a survey Md. Said, Zainol Al-Shaghdari, Fahd Mohammed Obad Ateik, Al-Harath Aljounaidi, Abdoulrahman BPH Islamic Economics BPH741 Waqf Issues in waqf management have been extensively deliberated with concerns about whether they have been efficiently and competently managed in order to accomplish intended objectives of their stakeholders. Studies on the performance measurement of these organizations exposed the use of financial ratios as the dominant dimension in the measurements. It has been contended that because of their non-profit religious nature and because they are entrusted with assets for social and economic development of the society, their performance measurement should additionally measure dimensions related to and focussed on realization of their goals, missions and stakeholders’ objectives. In order to provide a framework of performance measurements that includes both financial and non-financial aspects, this research reports a survey of these extra performance measurement dimensions that have been suggested in the literature. In order to comprehend how non-profit organisations' (NPOs') non-financial performance aspects might be applied to waqf institutions' performance assessments, a literature analysis was conducted. The primary objective of this paper to compile an assortment of quantitative and qualitative measurement tools that may be customised for use in assessing waqf institutional performance. Besides, the main findings of this research are that the elements of effectiveness should be utilised in measuring the success and productivity of Waqf institutions. Also, the idea of waqf institution performance metrics based on financial and non-financial element of measurement is one of the study key findings. In addition to offering a substantial insight into the "available" dimensions of evaluating the performances of waqf institutions, it is hoped that this study will prove to be an informative collection of methodologies. Usuli Faqih Research Centre PLT 2024-01-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/111428/1/111428_On%20the%20dimensions%20of%20waqf%20performance.pdf Md. Said, Zainol and Al-Shaghdari, Fahd Mohammed Obad and Ateik, Al-Harath and Aljounaidi, Abdoulrahman (2024) On the dimensions of waqf performance measurements: a survey. Al-Qanatir: International Journal of Islamic Studies, 33 (1). pp. 64-75. E-ISSN 2289-9944 https://al-qanatir.com/aq/article/view/637/500 https://al-qanatir.com/aq/article/view/637
institution	Universiti Islam Antarabangsa Malaysia
building	IIUM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	International Islamic University Malaysia
content_source	IIUM Repository (IREP)
url_provider	http://irep.iium.edu.my/
language	English
topic	BPH Islamic Economics BPH741 Waqf
spellingShingle	BPH Islamic Economics BPH741 Waqf Md. Said, Zainol Al-Shaghdari, Fahd Mohammed Obad Ateik, Al-Harath Aljounaidi, Abdoulrahman On the dimensions of waqf performance measurements: a survey
description	Issues in waqf management have been extensively deliberated with concerns about whether they have been efficiently and competently managed in order to accomplish intended objectives of their stakeholders. Studies on the performance measurement of these organizations exposed the use of financial ratios as the dominant dimension in the measurements. It has been contended that because of their non-profit religious nature and because they are entrusted with assets for social and economic development of the society, their performance measurement should additionally measure dimensions related to and focussed on realization of their goals, missions and stakeholders’ objectives. In order to provide a framework of performance measurements that includes both financial and non-financial aspects, this research reports a survey of these extra performance measurement dimensions that have been suggested in the literature. In order to comprehend how non-profit organisations' (NPOs') non-financial performance aspects might be applied to waqf institutions' performance assessments, a literature analysis was conducted. The primary objective of this paper to compile an assortment of quantitative and qualitative measurement tools that may be customised for use in assessing waqf institutional performance. Besides, the main findings of this research are that the elements of effectiveness should be utilised in measuring the success and productivity of Waqf institutions. Also, the idea of waqf institution performance metrics based on financial and non-financial element of measurement is one of the study key findings. In addition to offering a substantial insight into the "available" dimensions of evaluating the performances of waqf institutions, it is hoped that this study will prove to be an informative collection of methodologies.
format	Article
author	Md. Said, Zainol Al-Shaghdari, Fahd Mohammed Obad Ateik, Al-Harath Aljounaidi, Abdoulrahman
author_facet	Md. Said, Zainol Al-Shaghdari, Fahd Mohammed Obad Ateik, Al-Harath Aljounaidi, Abdoulrahman
author_sort	Md. Said, Zainol
title	On the dimensions of waqf performance measurements: a survey
title_short	On the dimensions of waqf performance measurements: a survey
title_full	On the dimensions of waqf performance measurements: a survey
title_fullStr	On the dimensions of waqf performance measurements: a survey
title_full_unstemmed	On the dimensions of waqf performance measurements: a survey
title_sort	on the dimensions of waqf performance measurements: a survey
publisher	Usuli Faqih Research Centre PLT
publishDate	2024
url	http://irep.iium.edu.my/111428/1/111428_On%20the%20dimensions%20of%20waqf%20performance.pdf http://irep.iium.edu.my/111428/ https://al-qanatir.com/aq/article/view/637/500 https://al-qanatir.com/aq/article/view/637
_version_	1809136342976692224
score	13.211869

On the dimensions of waqf performance measurements: a survey

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