Cover Image

The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]

The Crowdfunding Waqf Micro Takaful Model is a new, environmentally friendly micro takaful model in Malaysia that aims to provide financial security to low-income individuals who lack adequate safety measures and are susceptible to economic disruptions like the COVID-19 pandemic. The model uses crow...

Full description

Saved in:
Bibliographic Details
Main Authors: Mazlan, Siti Aisyah, Salleh, Fauzilah, Wan Deraman, Wan Jemizan, Ishak, Muhammad Shahrul Ifwat
Format: Article
Language:English
Published: Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA 2024
Subjects:
Poor. Poverty
Gifts (Islamic law). Charitable gifts. Ṣadaqah. Donations. Hibah
Online Access:https://ir.uitm.edu.my/id/eprint/105797/1/105797.pdf
https://ir.uitm.edu.my/id/eprint/105797/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.105797
record_format eprints
spelling my.uitm.ir.1057972024-11-07T07:52:42Z https://ir.uitm.edu.my/id/eprint/105797/ The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.] apmaj Mazlan, Siti Aisyah Salleh, Fauzilah Wan Deraman, Wan Jemizan Ishak, Muhammad Shahrul Ifwat Poor. Poverty Gifts (Islamic law). Charitable gifts. Ṣadaqah. Donations. Hibah The Crowdfunding Waqf Micro Takaful Model is a new, environmentally friendly micro takaful model in Malaysia that aims to provide financial security to low-income individuals who lack adequate safety measures and are susceptible to economic disruptions like the COVID-19 pandemic. The model uses crowdfunding-waqf to generate financial resources for the takaful fund, utilizing perpetual charity (sadaqah jariyah). This approach makes the framework socially responsible and sustainable, fostering financial inclusion, mitigating poverty, and facilitating the attainment of the Sustainable Development Goals (SDGs). The model's effectiveness was found to be enhanced by increased donor participation through the integration of crowdfunding platforms. The model can be replicated and modified in various settings to aid marginalized communities, foster market stability, safeguard consumers, and facilitate the expansion of the micro takaful industry. The Crowdfunding Waqf Micro Takaful Model could potentially be a viable approach for bolstering financial inclusivity and alleviating poverty in Malaysia and other countries. Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA 2024-08 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/105797/1/105797.pdf The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]. (2024) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29/>, 19 (2): 11. pp. 213-230. ISSN 2550-1631
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Poor. Poverty
Gifts (Islamic law). Charitable gifts. Ṣadaqah. Donations. Hibah
spellingShingle Poor. Poverty
Gifts (Islamic law). Charitable gifts. Ṣadaqah. Donations. Hibah
Mazlan, Siti Aisyah
Salleh, Fauzilah
Wan Deraman, Wan Jemizan
Ishak, Muhammad Shahrul Ifwat
The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]
description The Crowdfunding Waqf Micro Takaful Model is a new, environmentally friendly micro takaful model in Malaysia that aims to provide financial security to low-income individuals who lack adequate safety measures and are susceptible to economic disruptions like the COVID-19 pandemic. The model uses crowdfunding-waqf to generate financial resources for the takaful fund, utilizing perpetual charity (sadaqah jariyah). This approach makes the framework socially responsible and sustainable, fostering financial inclusion, mitigating poverty, and facilitating the attainment of the Sustainable Development Goals (SDGs). The model's effectiveness was found to be enhanced by increased donor participation through the integration of crowdfunding platforms. The model can be replicated and modified in various settings to aid marginalized communities, foster market stability, safeguard consumers, and facilitate the expansion of the micro takaful industry. The Crowdfunding Waqf Micro Takaful Model could potentially be a viable approach for bolstering financial inclusivity and alleviating poverty in Malaysia and other countries.
format Article
author Mazlan, Siti Aisyah
Salleh, Fauzilah
Wan Deraman, Wan Jemizan
Ishak, Muhammad Shahrul Ifwat
author_facet Mazlan, Siti Aisyah
Salleh, Fauzilah
Wan Deraman, Wan Jemizan
Ishak, Muhammad Shahrul Ifwat
author_sort Mazlan, Siti Aisyah
title The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]
title_short The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]
title_full The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]
title_fullStr The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]
title_full_unstemmed The development and implementation of a crowdfunding waqf micro takaful model in Malaysia / Siti Aisyah Mazlan ... [et al.]
title_sort development and implementation of a crowdfunding waqf micro takaful model in malaysia / siti aisyah mazlan ... [et al.]
publisher Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA
publishDate 2024
url https://ir.uitm.edu.my/id/eprint/105797/1/105797.pdf
https://ir.uitm.edu.my/id/eprint/105797/
_version_ 1817847104762019840
score 13.222552

Similar Items