This article discusses the concept of Wasatiyyah which had been announced by Dato' Sri Mohd Najib bin Tun Abdul Razak and explains several implementations by the government of Malaysia relating to this concept. The purpose of this article is also to to determine the true meaning of the Wasatiyyah concept which the Prime Minister wishes to convey. This paper generally adopts a qualitative study approach through examination of books, journals and internet materials. The outcome of this writing finds that the intended meaning of Wasatiyyah which the Prime Minister wishes to convey is not a deflection of or deviation from the Islamic meaning, instead it has its own interpretation suitable in the context
Abstract. The cost of higher education has been increased, despite intervention from the government in the form of grants and soft-loans. In general, parents and students alike face the burden of ever increasing fees to enroll in higher education learning institutions while the education institutions themselves also face increasing costs to operate and provide quality education. Realizing the possible forthcoming scenarios in the current education industry, scholars and researchers have made proposals to apply the concept of waqf for education development to ensure a more affordable and sustainable education industry in the country. Waqf in Malaysia is one of the largest financial sources that have not been fully explored. By using qualitative analysis this paper focusing on the scenario of waqf in supporting education in Malaysia, especially in Higher Education Institution (HEI). Subsequently, this study attempts to examine how waqf fund is used in empowering higher education apart from looking into the efforts of the Ministry of Higher Education (MOHE) to make this achievable. In short, this study found that taking the que from the institutions of waqf, the exploration and development of waqf fund can be accomplished through the formation of formal organizations at the state and federal level and rearrange the Malaysian educational budget and policy to support the good quality of HEI. Thus, the paper makes some suggestions as to the potential effort of waqf for higher education must be played by the Ministry of Higher Education.
In Malaysian higher learning institutions of public or private universities, the generation of income through endowments are recently highly recommended for financial or self-sustainability. Public universities especially, as a non-profit organisation strong endowments reflect the capacity to obtain revenues through grants or otherwise in response to a demand, in order to sustain productive processes projects at a steady or growing rate which eventually produce results and thus accomplish the mission, goals, or objectives and to obtain a surplus. However, the implementation of waqf in universities in Malaysia is not easy. Unlike endowments or other forms of income generation tools for universities, waqf is very unique and subject not only to legal restrictions but also religious principles that must be fulfilled. The paper finds that universities in Malaysia need to bear in mind the challenges of to avoid difficulties in implementing waqf.
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