A Conceptual Model for Inter-State Corporate Waqf Financing for Higher Learning

Shamsudin, Ahmad Faizul; Hashim, Jamil; Yusof, Wan Sabri Wan; Yusof, Anas; Mohamad, Saadiah; Yusof, Afrah Munirah; Zainudin, Nur Hidayah; Hashim, Hanita; Abidin, Izham Zainal

doi:10.7187/gjat782015.05.01

Cited by 10 publications

(11 citation statements)

References 5 publications

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“…Malaysia adalah salah satu negara yang sudah banyak melakukan kajian ini. Di antaranya Duasa dan Thaker (2016), Ismail dan Gazali (2019), Shamsudin et al (2015), Mohsin (2013), Thaker dan Asmy (2018), Ambrose et al, (2018). Sedangkan kajian serupa untuk Indonesia masih langka, di antara nya yang penulis temukan adalah Nizar (2014), Faradis (2015), Niswah et al (2020), dan Alifiandy dan Sukmana (2020).…”

Section: Pendahuluanunclassified

Faktor Penentu Donor untuk Berwakaf: Sebuah Eksplorasi Wakaf dalam Literatur

Gustina

Pujani

Yeni

et al. 2021

JAM

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The purpose of this study was to determine the factors that influence donors in giving waqf. In addition, it also gives consideration to decision makers related to waqf in Indonesia. The method in this study is a qualitative research with a description of previous research, through secondary data obtained from scientific journals, websites, books, and other electronic media sources related to the study discussed. The journals reviewed are journals published from 2012-2021. The theories discussed in this study are TRA and TPB. The findings of this study indicate that the factors of religiosity, attitude, subject norm, and convenience have a significant positive effect on the amount of waqf issued by donors or waqif (waqf givers). Through this study, it is hoped that this will become a consideration, especially for writers, as well as readers, and recommendations for waqf institutions to increase the convenience of the waqf system. In addition, the government (as a policy maker) should support waqf givers to continue to participate in this waqf practice for the good and welfare of the ummah.

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Section: Pendahuluanunclassified

Faktor Penentu Donor untuk Berwakaf: Sebuah Eksplorasi Wakaf dalam Literatur

Gustina

Pujani

Yeni

et al. 2021

JAM

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“… Financing Education Mahamood and Rahman (2015) Waqf plays an important role in financing education institutions, in this case a university; thus, indirectly waqf supports education development. Shamsudin et al. (2015) Propose a cross-country waqf model that could finance higher education institutions.…”

Section: Discussionmentioning

confidence: 99%

“…(2015) Moh'd et al. (2017) Financing Education Mahamood and Rahman (2015) Shamsudin et al. (2015) Economic Development Economic Development Abdullah (2018) Hisham et al.…”

Section: Existing Researchmentioning

confidence: 99%

“…and possibly establish waqf-based banks ( Mohammad, 2015 ) that are distinct from other common banks. Moreover, awqaf can support the social and basic needs sectors, such as education and health ( Mahamood and Rahman, 2015 ; Shamsudin et al., 2015 ) and agriculture ( Shafiai et al., 2015 ; Orbay, 2012 ). Therefore, the government is expected to adopt this waqf instrument as important to socioeconomic development.…”

Section: Existing Researchmentioning

confidence: 99%

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Critical assessment of Islamic endowment funds (Waqf) literature: lesson for government and future directions

Sukmana

2020

Heliyon

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In this paper, the literature on Islamic endowment funds (awqaf) was surveyed. The data suggest that banking, accountability, law, and norms constitute most of the coverage in this body of literature. The finance topic, with 35% coverage, dominated the literature, whereas history (with 6% coverage) recorded the least interest. In this sample, the second most popular theme was related to economic development (25% coverage). Also discovered was that 59% of the papers employed a normative approach, and the balance adopted an empirical approach. A direct benefit of this study is that it provides input for government policy and directions for future researchers.

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“…On the other hand, it is still about higher education, and it is undeniable that costs will increase every year. If relying on traditional waqf management, there is little fear that the educational institution cannot cover the costs incurred from educational activities, then there is an alternative to overcome this by creating a corporate waqf model for higher education institutions (Shamsudin et al, 2015).…”

Section: Introductionmentioning

confidence: 99%

Exploration of The Use of Waqf Assets at Educational Institutions

Harahap¹,

Yus²

2022

iijse

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The research is motivated by several studies that only focus on the use of the waqf system, while the success in managing waqf assets so that the principal and benefits can last is to formulate specific targets for the right needs in using waqf assets. The purpose of this study is to explore the use of waqf assets given to educational institutions so that they are right on target and maintain the essence of the use of waqf assets. The approach used is a qualitative approach using literacy studies from various existing publications. Educational institutions can regulate waqf governance according to the type of waqf property provided by the waqf. The results of this study can provide views for waqf-based educational institutions to be able to maintain and manage waqf assets in accordance with established rules. Mobile waqf such as cars, cash, and securities can be managed by investing in SMEs located around the institution, or rented out or invested in short and medium-term investment programs. Immovable waqf can be managed by building educational facilities or renting out land to produce and all such governance must be in accordance with Islamic finance principles. Immovable waqf can be managed by building educational facilities or renting out land to produce.

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A Conceptual Model for Inter-State Corporate Waqf Financing for Higher Learning

Cited by 10 publications

References 5 publications

Faktor Penentu Donor untuk Berwakaf: Sebuah Eksplorasi Wakaf dalam Literatur

Faktor Penentu Donor untuk Berwakaf: Sebuah Eksplorasi Wakaf dalam Literatur

Critical assessment of Islamic endowment funds (Waqf) literature: lesson for government and future directions

Exploration of The Use of Waqf Assets at Educational Institutions

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