The contribution of Tabung Haji to accomplish Islamic social finance (ISF) among the Islamic community in Malaysia
This research delves into the significant role of Lembaga Tabung Haji (Pilgrims Fund Board) in contributing to the accomplishment of Islamic social finance within the Muslim community in Malaysia. The background highlights Islamic social finance as a comprehensive framework rooted in Islamic princip...
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Main Authors: | , , , |
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Format: | Undergraduate Final Project Report |
Language: | English |
Published: |
2024
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Online Access: | http://discol.umk.edu.my/id/eprint/13888/1/G18.pdf http://discol.umk.edu.my/id/eprint/13888/ |
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Summary: | This research delves into the significant role of Lembaga Tabung Haji (Pilgrims Fund Board) in contributing to the accomplishment of Islamic social finance within the Muslim community in Malaysia. The background highlights Islamic social finance as a comprehensive framework rooted in Islamic principles, aiming to address social and humanitarian issues while promoting economic justice and inclusivity. Recognizing the financial and Hajj Pilgrimage needs of Malaysia's Muslims, this study emphasizes the crucial role that Tabung Haji plays in facilitating these needs. The underpinning theory draws on Carroll's CSR Pyramid, Maqasid Shariah, and Sustainability Development Goals (SDG) to provide a comprehensive framework for understanding Tabung Haji's role in Islamic social finance. The study aims to analyze the history, objectives, and methods of Tabung Haji, emphasizing its significant role in applying Islamic social financial approaches to Malaysia's socioeconomic development and sustainability. Using a qualitative research method, the study engages three key informant groups: top management, stakeholders, and service users. In addition to primary data, secondary methods involve the analysis of published reports, journals, and the Tabung Haji website to support data collection. The research objectives are centered on identifying the influences between Islamic social finance accomplishments and Corporate Social Responsibility, Tabung Haji Financial Services, and Hajj Pilgrimage Facilitation. The findings reveal that Tabung Haji contributes to Islamic social finance through its financial services, thereby alleviating the financial burdens among Muslims in Malaysia. The achievements of Tabung Haji in both social and economic fields underscore the importance of the well-being of the Muslim community in Malaysia. Recommendations include further research to deepen our understanding of Tabung Haji's role, ensuring its continued impact on future generations. This study sheds light on the tangible contributions of Tabung Haji to Islamic social finance and emphasizes the need for sustained exploration and awareness of its role in shaping the future of Malaysia's Muslim community. |
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