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A qualitative investigation into crowdfunding framework as a source of financing for waqf land development

Purpose –This paper aims to inquire about the opinions and recommendations of various experts on the crowdfunding waqf model (CWM), particularly in terms of its suitability, applicability and prospect in the market. Design/methodology/approach –This paper used primary data which are collected fr...

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Main Authors: Hapsari, Meri Indri, Mohd Thas Thaker, Mohamed Asmy, Omar Mohamad, Mustafa, Duasa, Jarita
Format: Article
Language:English
Published: Emerald 2022
Subjects:
BPH741 Waqf
HD101 Land use
HG Finance
Online Access:http://irep.iium.edu.my/95411/1/95411_A%20qualitative%20investigation%20into%20crowdfunding.pdf
http://irep.iium.edu.my/95411/
https://www.emerald.com/insight/content/doi/10.1108/JIABR-10-2020-0311/full/pdf?title=a-qualitative-investigation-into-crowdfunding-framework-as-a-source-of-financing-for-waqf-land-development
https://doi.org/10.1108/JIABR-10-2020-0311
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spelling my.iium.irep.954112022-07-14T07:23:01Z http://irep.iium.edu.my/95411/ A qualitative investigation into crowdfunding framework as a source of financing for waqf land development Hapsari, Meri Indri Mohd Thas Thaker, Mohamed Asmy Omar Mohamad, Mustafa Duasa, Jarita BPH741 Waqf HD101 Land use HG Finance Purpose –This paper aims to inquire about the opinions and recommendations of various experts on the crowdfunding waqf model (CWM), particularly in terms of its suitability, applicability and prospect in the market. Design/methodology/approach –This paper used primary data which are collected from semi-structured interviews conducted with several experts from various backgrounds. For examining the data, thispaper has used thematic analysis. Findings –The experts support the suitability of CWM in providing financing resource to develop waqf lands. They highlight the importance of establishing, managing and operating CWM under the aegis of the State Islamic Religious Council in Malaysia and supervising by the Wakaf, Zakat or Hajj Department (JAWHAR). They further point out that the donors or crowdfunders, interesting project, promotion and regulation are key factors that influence the sustainability of CWM. Originality/value –This paper adds to the literature on waqf land and crowdfunding, especially from the Malaysian context. This paper validates the CWM in terms of its suitability, applicability and prospect in the market by interviewing experts from various backgrounds. Emerald 2022-03-11 Article PeerReviewed application/pdf en http://irep.iium.edu.my/95411/1/95411_A%20qualitative%20investigation%20into%20crowdfunding.pdf Hapsari, Meri Indri and Mohd Thas Thaker, Mohamed Asmy and Omar Mohamad, Mustafa and Duasa, Jarita (2022) A qualitative investigation into crowdfunding framework as a source of financing for waqf land development. Journal of Islamic Accounting and Business Research, 13 (3). pp. 425-443. ISSN 1759-0817 E-ISSN 1759-0825 https://www.emerald.com/insight/content/doi/10.1108/JIABR-10-2020-0311/full/pdf?title=a-qualitative-investigation-into-crowdfunding-framework-as-a-source-of-financing-for-waqf-land-development https://doi.org/10.1108/JIABR-10-2020-0311
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 BPH741 Waqf
HD101 Land use
HG Finance
spellingShingle BPH741 Waqf
HD101 Land use
HG Finance
Hapsari, Meri Indri
Mohd Thas Thaker, Mohamed Asmy
Omar Mohamad, Mustafa
Duasa, Jarita
A qualitative investigation into crowdfunding framework as a source of financing for waqf land development
description Purpose –This paper aims to inquire about the opinions and recommendations of various experts on the crowdfunding waqf model (CWM), particularly in terms of its suitability, applicability and prospect in the market. Design/methodology/approach –This paper used primary data which are collected from semi-structured interviews conducted with several experts from various backgrounds. For examining the data, thispaper has used thematic analysis. Findings –The experts support the suitability of CWM in providing financing resource to develop waqf lands. They highlight the importance of establishing, managing and operating CWM under the aegis of the State Islamic Religious Council in Malaysia and supervising by the Wakaf, Zakat or Hajj Department (JAWHAR). They further point out that the donors or crowdfunders, interesting project, promotion and regulation are key factors that influence the sustainability of CWM. Originality/value –This paper adds to the literature on waqf land and crowdfunding, especially from the Malaysian context. This paper validates the CWM in terms of its suitability, applicability and prospect in the market by interviewing experts from various backgrounds.
format Article
author Hapsari, Meri Indri
Mohd Thas Thaker, Mohamed Asmy
Omar Mohamad, Mustafa
Duasa, Jarita
author_facet Hapsari, Meri Indri
Mohd Thas Thaker, Mohamed Asmy
Omar Mohamad, Mustafa
Duasa, Jarita
author_sort Hapsari, Meri Indri
title A qualitative investigation into crowdfunding framework as a source of financing for waqf land development
title_short A qualitative investigation into crowdfunding framework as a source of financing for waqf land development
title_full A qualitative investigation into crowdfunding framework as a source of financing for waqf land development
title_fullStr A qualitative investigation into crowdfunding framework as a source of financing for waqf land development
title_full_unstemmed A qualitative investigation into crowdfunding framework as a source of financing for waqf land development
title_sort qualitative investigation into crowdfunding framework as a source of financing for waqf land development
publisher Emerald
publishDate 2022
url http://irep.iium.edu.my/95411/1/95411_A%20qualitative%20investigation%20into%20crowdfunding.pdf
http://irep.iium.edu.my/95411/
https://www.emerald.com/insight/content/doi/10.1108/JIABR-10-2020-0311/full/pdf?title=a-qualitative-investigation-into-crowdfunding-framework-as-a-source-of-financing-for-waqf-land-development
https://doi.org/10.1108/JIABR-10-2020-0311
_version_ 1738510113045479424
score 13.211869

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