Purpose – Recently the revival of the institution of waqf took a movable form especially in terms of the creation of cash waqf which found its ways as one of the financial institutions financing different goods and services in the different countries. In an attempt to enrich the literature on this area, this study is an extension to the authors' work, focusing mainly on the different goods and services provided by different cash waqf schemes in Muslim and Muslim minority countries without depending on the government to provide their needs. The paper aims to discuss these issues. Design/methodology/approach – This study uses data collected from primary sources including text from the Hadith, while data collected from secondary sources include books, articles, journals besides web sites and e-books. Findings – The findings show the potential of cash waqf in financing not only religious areas but also financing different goods and services needed globally, such as education, health, social care and commercial activates, basic infrastructures, besides opening jobs for the majority of people. Practical implications – The expected outcome of this research is to open the door wider for more researchers to explore the potential of cash waqf as one of the instruments to finance all sectors in Muslim and Muslim minority countries without exhausting government budget. Originality/value – A revitalization of an old Islamic financial product to meet the different needs.

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This paper aims to discuss the use of financial technology in waqf (Islamic endowment) for funding religious and social causes. It is believed that waqfintech could reach a wider audience and benefit more people in need through the use of innovative financial technology like crowdfunding and blockchain. The main objective of this paper is to introduce the concept of waqfcrowd and waqfcoin as a means of collecting and managing waqf in the digital age. Waqf institutions can thus take advantage of technological innovation to utilise the convenience and efficiency offered by financial technology. This is a conceptual paper which reviews the relevant literature regarding waqf and financial technology. One major limitation of this paper is that it does not discuss the regulatory and operational details of how to institutionalise blockchain technology in different regions. This paper intends to inspire Islamic financial institutions and waqf institutions to harness the potential of waqfintech to raise funds in an effective way.

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Waqf is a financial charitable endowment established by withholding immovable and movable properties to perpetually spend its revenue on fulfilling public needs, once the property is created as Waqf, it could never be given as gift, inherited, or sold. Traditionally, Waqf was inculcated in Muslims' culture, and has included in all walks of life. When it was the main source for various public services that been provided to communities. Therefore, Muslims in all over the world are exposed to participate in Waqf, the value of giving is one that spans all cultures and religious faiths and is an important means of establishing a social safety net for the poor. Oftentimes, charitable giving is motivated by people's attitude and behavior, religious beliefs, cultures and religious educations. This is a literature review paper that focuses on the strong connection between motives for giving and outcomes of giving. The purpose is to shed light on some of the key expressions of giving in Islam, and the psychology of giving that is quite difficult to determine in most of the studies. Some motives and effects of giving are easy to explain and the wisdom behind them is clear. On the other hand some of these phenomena's are hard to explain. However Islam stresses that giving charity increases our wealth, and makes the mercy of Allah befall on us. The findings of this study signified that the major motives for giving are behavior, attitude, faith (belief), and education. And the outcomes of giving are God blessing, more rewards, and psychological comfort that can be perceived from happiness and joy of giving as well as self-satisfaction. Hence, it is highly advisable to look comprehensively at this topic and introduce an effective framework that can help people to have better understanding on the psychology of giving.