Staff View: Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]

Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]

Malaysia's tourism industry is the third-largest contributor to the country's economy. Aggressive measures have been taken to boost Malaysia as a leader in the tourism sector. Nevertheless, due to budget constraints the expected growth is not achievable. One of the options to overcome this...

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Main Authors:	Ismail, Mohammed Izzuddin, Ismail, Shafinar, Zahari, Mohd Salehuddin, Mohd Pauzi, Nur Farahah
Format:	Book Section
Language:	English
Published:	Center for Islamic Philanthropy and Social Finance (CIPSF) 2021
Subjects:	Waqf. Awqāf. Charities. Endowments Malaysia Travel and state. Tourism
Online Access:	https://ir.uitm.edu.my/id/eprint/50786/1/50786.pdf https://ir.uitm.edu.my/id/eprint/50786/ https://www.acbess2021.com/
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id	my.uitm.ir.50786
record_format	eprints
spelling	my.uitm.ir.507862021-11-01T03:53:08Z https://ir.uitm.edu.my/id/eprint/50786/ Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.] Ismail, Mohammed Izzuddin Ismail, Shafinar Zahari, Mohd Salehuddin Mohd Pauzi, Nur Farahah Waqf. Awqāf. Charities. Endowments Malaysia Travel and state. Tourism Malaysia's tourism industry is the third-largest contributor to the country's economy. Aggressive measures have been taken to boost Malaysia as a leader in the tourism sector. Nevertheless, due to budget constraints the expected growth is not achievable. One of the options to overcome this constraint is to utilize waqf contributions. It is an innovative way to finance the tourism sector without totally relying on government funds. Therefore, the objective of this study is to investigate the contribution of waqf for long-term sustainability of the tourism industry in Malaysia. A quantitative approach is used through the distribution of questionnaires among 150 respondents which comprise of relevant parties in this industry. The purposive sampling procedure was adopted in this research. The results indicate that the contributions of waqf to the economic pillar have a significant relationship with the sustainability of the tourism industry. The analyses presented can be used by policymakers in regulating stimulus packages or incentives and relevant tourism policies for the local industry. The findings achieved in this research will be of interest to practitioners and academicians who are concerned with the sustainability of the tourism industry in Malaysia. Center for Islamic Philanthropy and Social Finance (CIPSF) 2021 Book Section PeerReviewed text en https://ir.uitm.edu.my/id/eprint/50786/1/50786.pdf ID50786 Ismail, Mohammed Izzuddin and Ismail, Shafinar and Zahari, Mohd Salehuddin and Mohd Pauzi, Nur Farahah (2021) Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]. In: E-Proceeding for Asian Conference on Business, Economics and Social Science (ACBESS) 2021. Center for Islamic Philanthropy and Social Finance (CIPSF), Alor Gajah, p. 35. https://www.acbess2021.com/
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	Waqf. Awqāf. Charities. Endowments Malaysia Travel and state. Tourism
spellingShingle	Waqf. Awqāf. Charities. Endowments Malaysia Travel and state. Tourism Ismail, Mohammed Izzuddin Ismail, Shafinar Zahari, Mohd Salehuddin Mohd Pauzi, Nur Farahah Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]
description	Malaysia's tourism industry is the third-largest contributor to the country's economy. Aggressive measures have been taken to boost Malaysia as a leader in the tourism sector. Nevertheless, due to budget constraints the expected growth is not achievable. One of the options to overcome this constraint is to utilize waqf contributions. It is an innovative way to finance the tourism sector without totally relying on government funds. Therefore, the objective of this study is to investigate the contribution of waqf for long-term sustainability of the tourism industry in Malaysia. A quantitative approach is used through the distribution of questionnaires among 150 respondents which comprise of relevant parties in this industry. The purposive sampling procedure was adopted in this research. The results indicate that the contributions of waqf to the economic pillar have a significant relationship with the sustainability of the tourism industry. The analyses presented can be used by policymakers in regulating stimulus packages or incentives and relevant tourism policies for the local industry. The findings achieved in this research will be of interest to practitioners and academicians who are concerned with the sustainability of the tourism industry in Malaysia.
format	Book Section
author	Ismail, Mohammed Izzuddin Ismail, Shafinar Zahari, Mohd Salehuddin Mohd Pauzi, Nur Farahah
author_facet	Ismail, Mohammed Izzuddin Ismail, Shafinar Zahari, Mohd Salehuddin Mohd Pauzi, Nur Farahah
author_sort	Ismail, Mohammed Izzuddin
title	Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]
title_short	Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]
title_full	Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]
title_fullStr	Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]
title_full_unstemmed	Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]
title_sort	contribution of waqf to the economic pillar for the sustainability of the tourism industry in malaysia: an empirical investigation / mohammed izzuddin ismail … [et al.]
publisher	Center for Islamic Philanthropy and Social Finance (CIPSF)
publishDate	2021
url	https://ir.uitm.edu.my/id/eprint/50786/1/50786.pdf https://ir.uitm.edu.my/id/eprint/50786/ https://www.acbess2021.com/
_version_	1717097184250298368
score	13.211869

Contribution of waqf to the economic pillar for the sustainability of the tourism industry in Malaysia: an empirical investigation / Mohammed Izzuddin Ismail … [et al.]

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