Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan

This paper aims to explore the empirical review and develop a conceptual framework based on possible available options of social financing for higher education, especially the role of financial institutions and religious motivation towards social financing and financial sustainability in Malaysian h...

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Main Authors: Abd Rahim, Mohd Azrin, Hoque, Muhammad Nazmul, Bhuiyan, Abul Bashar
Format: Book Section
Language:English
Published: Center for Islamic Philanthropy and Social Finance (CIPSF) 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/52152/1/52152.pdf
https://ir.uitm.edu.my/id/eprint/52152/
https://www.acbess2021.com/
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spelling my.uitm.ir.521522021-12-01T02:40:45Z https://ir.uitm.edu.my/id/eprint/52152/ Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan Abd Rahim, Mohd Azrin Hoque, Muhammad Nazmul Bhuiyan, Abul Bashar Finance, Islamic Higher Education Institutions of higher education This paper aims to explore the empirical review and develop a conceptual framework based on possible available options of social financing for higher education, especially the role of financial institutions and religious motivation towards social financing and financial sustainability in Malaysian higher education. The study used available resources of empirical articles from available online data-based. The study summarized the empirical review findings that there are significant contributions of Islamic social financing for ensuring higher education sustainability in the Muslim Society in Malaysia. Especially, zakat, sadaqat and waqf, qard, and kafala and other modern forms of Islamic financial services such as Islamic microfinance, Sukuk, and takaful play a significant role in education sustainability in the Muslim Society all over the world. Moreover, the study will use the above empirical review findings and develop a conceptual framework for ensuring higher education institutes' financial sustainability in Malaysia. The present study will justify drawing necessary policy guidelines and manuals for action projects to implement the above model in Malaysia and the regions. Center for Islamic Philanthropy and Social Finance (CIPSF) 2021 Book Section PeerReviewed text en https://ir.uitm.edu.my/id/eprint/52152/1/52152.pdf ID52152 Abd Rahim, Mohd Azrin and Hoque, Muhammad Nazmul and Bhuiyan, Abul Bashar (2021) Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan. 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. 113. 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 Finance, Islamic
Higher Education
Institutions of higher education
spellingShingle Finance, Islamic
Higher Education
Institutions of higher education
Abd Rahim, Mohd Azrin
Hoque, Muhammad Nazmul
Bhuiyan, Abul Bashar
Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan
description This paper aims to explore the empirical review and develop a conceptual framework based on possible available options of social financing for higher education, especially the role of financial institutions and religious motivation towards social financing and financial sustainability in Malaysian higher education. The study used available resources of empirical articles from available online data-based. The study summarized the empirical review findings that there are significant contributions of Islamic social financing for ensuring higher education sustainability in the Muslim Society in Malaysia. Especially, zakat, sadaqat and waqf, qard, and kafala and other modern forms of Islamic financial services such as Islamic microfinance, Sukuk, and takaful play a significant role in education sustainability in the Muslim Society all over the world. Moreover, the study will use the above empirical review findings and develop a conceptual framework for ensuring higher education institutes' financial sustainability in Malaysia. The present study will justify drawing necessary policy guidelines and manuals for action projects to implement the above model in Malaysia and the regions.
format Book Section
author Abd Rahim, Mohd Azrin
Hoque, Muhammad Nazmul
Bhuiyan, Abul Bashar
author_facet Abd Rahim, Mohd Azrin
Hoque, Muhammad Nazmul
Bhuiyan, Abul Bashar
author_sort Abd Rahim, Mohd Azrin
title Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan
title_short Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan
title_full Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan
title_fullStr Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan
title_full_unstemmed Conceptual framework for Islamic social financing and financial sustainability in Malaysian Higher Education Institutions (HEIS) / Mohd Azrin Abd Rahim, Muhammad Nazmul Hoque and Abul Bashar Bhuiyan
title_sort conceptual framework for islamic social financing and financial sustainability in malaysian higher education institutions (heis) / mohd azrin abd rahim, muhammad nazmul hoque and abul bashar bhuiyan
publisher Center for Islamic Philanthropy and Social Finance (CIPSF)
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/52152/1/52152.pdf
https://ir.uitm.edu.my/id/eprint/52152/
https://www.acbess2021.com/
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score 13.211869