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The structuring for development and management waqf properties in Malaysia

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Main Authors: Hydzulkifli Hashim, Omar, Asmak, Ab. Rahman, Ahmad Rizal, Mazlan, Azizi, Abu Bakar, Suhaila, Abd. Kadir
Format: Article
Language:English
Published: Center for Communication Technology And Human Development (UniMAP) 2016
Subjects:
Waqf development
Islamic Religious Council of Pulau Pinang (IRCPP)
Waqf investment
Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/41464
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spelling my.unimap-414642016-05-06T06:50:16Z The structuring for development and management waqf properties in Malaysia Hydzulkifli Hashim, Omar Asmak, Ab. Rahman Ahmad Rizal, Mazlan Azizi, Abu Bakar Suhaila, Abd. Kadir Waqf development Islamic Religious Council of Pulau Pinang (IRCPP) Waqf investment Link to publisher's homepage at http://johdec.unimap.edu.my There are several methods that can be utilized to enhance the productivity of endownment (waqf) assets. These assets can be rented out to interested parties or used for various economic activities such as agriculture and livestock farming. In cases where the above methods are deemed unsuitable, then the Nazir should try to find other alternatives to make the waqf land productive. Endownment (waqf) trustees should also explore other avenues to optimize the usage of endowment land under their care. Thus, real estate investment can be used as an alternative to develop the endowment land. Real estate/property investment on waqf assets can be implemented by constructing commercial buildings such as supermarkets, accommodation (hotels) and residential estates. The development of these lands will lead to the creation of new waqf assets. This research is undertaken to study the methods used to commercially develop a Waqf land located in Seberang Jaya, Penang carried out by the Islamic Religious Council of Pulau Pinang (IRCPP) with UDA Holding Bhd. management expertise and cooperation, the productivity of a waqf land (known as Settee Aishah) was optimised and successfully developed into a residential estate known as Settee Aishah Waqf Residential Estate. 2016-05-06T06:50:16Z 2016-05-06T06:50:16Z 2013 Article Journal of Human Development and Communication (JoHDEC), vol.2, 2013, pages 45-59 2289-2702 http://dspace.unimap.edu.my:80/xmlui/handle/123456789/41464 en Center for Communication Technology And Human Development (UniMAP)
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Waqf development
Islamic Religious Council of Pulau Pinang (IRCPP)
Waqf investment
spellingShingle Waqf development
Islamic Religious Council of Pulau Pinang (IRCPP)
Waqf investment
Hydzulkifli Hashim, Omar
Asmak, Ab. Rahman
Ahmad Rizal, Mazlan
Azizi, Abu Bakar
Suhaila, Abd. Kadir
The structuring for development and management waqf properties in Malaysia
description Link to publisher's homepage at http://johdec.unimap.edu.my
format Article
author Hydzulkifli Hashim, Omar
Asmak, Ab. Rahman
Ahmad Rizal, Mazlan
Azizi, Abu Bakar
Suhaila, Abd. Kadir
author_facet Hydzulkifli Hashim, Omar
Asmak, Ab. Rahman
Ahmad Rizal, Mazlan
Azizi, Abu Bakar
Suhaila, Abd. Kadir
author_sort Hydzulkifli Hashim, Omar
title The structuring for development and management waqf properties in Malaysia
title_short The structuring for development and management waqf properties in Malaysia
title_full The structuring for development and management waqf properties in Malaysia
title_fullStr The structuring for development and management waqf properties in Malaysia
title_full_unstemmed The structuring for development and management waqf properties in Malaysia
title_sort structuring for development and management waqf properties in malaysia
publisher Center for Communication Technology And Human Development (UniMAP)
publishDate 2016
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/41464
_version_ 1643799709580525568
score 13.222552

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