Staff View: Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers

Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers

Cash Waqf is a trust fund established with money to support services to mankind in the name of Allah. The gifted capital was "transferred" to borrowers who after certain period returned to the waqf the principal plus a certain "extra" amount, which was then spent on all sorts of...

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Main Authors:	Md. Shahedur Rahaman, Chowdhury,, Mohd Fahmi, Ghazali,, Mohd Faisol, Ibrahim,
Format:	Article
Language:	English
Published:	Academic Journals 2015
Subjects:	Economics of Cash Waqf management Cash Waqf model Malaysia
Online Access:	http://ddms.usim.edu.my/handle/123456789/8110 http://www.academicjournals.org/article/article1380629413_Chowdhury%20et%20al.pdf
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id	my.usim-8110
record_format	dspace
spelling	my.usim-81102015-08-18T08:36:07Z Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers Md. Shahedur Rahaman, Chowdhury, Mohd Fahmi, Ghazali, Mohd Faisol, Ibrahim, Economics of Cash Waqf management Cash Waqf model Malaysia Cash Waqf is a trust fund established with money to support services to mankind in the name of Allah. The gifted capital was "transferred" to borrowers who after certain period returned to the waqf the principal plus a certain "extra" amount, which was then spent on all sorts of pious and social purposes. It is recognized that there is no ample study in the area of Cash Waqf. Again literature is very scanty relating to the Cash Waqf management. The exiting studies identify various facets of the Cash Waqf and its management issue to explore different aspects of theoretical dimensions and practices. Thus, the motivation of the study in essence is to identify and explore the innovative avenues for managing Cash Waqf systems and making a hybrid viable Cash Waqf model for generating more benefits for all involving parties of the society with sustainability characteristics. The main objectives are (I) to study the features of existing Cash Waqf management systems in the light of the Malaysian context (II) to find out and evaluate the factors and extent of their impact on the performances of the Cash Waqf management System (III) to develop a Cash Waqf Model based on the analysis for increasing the overall performance of the Waqf sector of Malaysia and integrating them with the symbiotic nexus among different financial sectors (IV) to assist practitioner and future researcher to develop a better hybrid Cash Waqf model. Thus, the present study will contribute amply in this direction. It would also help to reform the present institutional setup and their networking relationship throughout the country with a view to increasing their performance in the direction of the efficient and need based dynamic management of the waqf affairs and systems. As a consequence total policy dimensions at micro and macro perspective can also be framed to meet the diversified objectives of innovations and development in the waqf management systems complying with the Shariah guidelines. 2015-05-18T04:02:28Z 2015-05-18T04:02:28Z 2011 Article 1993-8233 http://ddms.usim.edu.my/handle/123456789/8110 http://www.academicjournals.org/article/article1380629413_Chowdhury%20et%20al.pdf en Academic Journals
institution	Universiti Sains Islam Malaysia
building	USIM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universit Sains Islam i Malaysia
content_source	USIM Institutional Repository
url_provider	http://ddms.usim.edu.my/
language	English
topic	Economics of Cash Waqf management Cash Waqf model Malaysia
spellingShingle	Economics of Cash Waqf management Cash Waqf model Malaysia Md. Shahedur Rahaman, Chowdhury, Mohd Fahmi, Ghazali, Mohd Faisol, Ibrahim, Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers
description	Cash Waqf is a trust fund established with money to support services to mankind in the name of Allah. The gifted capital was "transferred" to borrowers who after certain period returned to the waqf the principal plus a certain "extra" amount, which was then spent on all sorts of pious and social purposes. It is recognized that there is no ample study in the area of Cash Waqf. Again literature is very scanty relating to the Cash Waqf management. The exiting studies identify various facets of the Cash Waqf and its management issue to explore different aspects of theoretical dimensions and practices. Thus, the motivation of the study in essence is to identify and explore the innovative avenues for managing Cash Waqf systems and making a hybrid viable Cash Waqf model for generating more benefits for all involving parties of the society with sustainability characteristics. The main objectives are (I) to study the features of existing Cash Waqf management systems in the light of the Malaysian context (II) to find out and evaluate the factors and extent of their impact on the performances of the Cash Waqf management System (III) to develop a Cash Waqf Model based on the analysis for increasing the overall performance of the Waqf sector of Malaysia and integrating them with the symbiotic nexus among different financial sectors (IV) to assist practitioner and future researcher to develop a better hybrid Cash Waqf model. Thus, the present study will contribute amply in this direction. It would also help to reform the present institutional setup and their networking relationship throughout the country with a view to increasing their performance in the direction of the efficient and need based dynamic management of the waqf affairs and systems. As a consequence total policy dimensions at micro and macro perspective can also be framed to meet the diversified objectives of innovations and development in the waqf management systems complying with the Shariah guidelines.
format	Article
author	Md. Shahedur Rahaman, Chowdhury, Mohd Fahmi, Ghazali, Mohd Faisol, Ibrahim,
author_facet	Md. Shahedur Rahaman, Chowdhury, Mohd Fahmi, Ghazali, Mohd Faisol, Ibrahim,
author_sort	Md. Shahedur Rahaman, Chowdhury,
title	Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers
title_short	Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers
title_full	Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers
title_fullStr	Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers
title_full_unstemmed	Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers
title_sort	economics of cash waqf management in malaysia: a proposed cash waqf model for practitioners and future researchers
publisher	Academic Journals
publishDate	2015
url	http://ddms.usim.edu.my/handle/123456789/8110 http://www.academicjournals.org/article/article1380629413_Chowdhury%20et%20al.pdf
_version_	1645152342260056064
score	13.222552

Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers

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