2014
DOI: 10.12720/joams.2.4.344-348
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An Agricultural Approach to the Commercialization of Cash Waqf between Malaysia and Nigeria

Abstract: The Nigeria agricultural sector is faced with many unprecedented problems including loss of focus, abandonment, and inadequate motivation to farmers. This shocking situation has deprived Nigerians of abundant food at affordable prices. In addition, employment in this sector is at an all-time low. The root cause of this problem is the complete abandonment of the sector by both past and present governments. Though Nigeria introduced agricultural programs such as Operation Feed the Nation, however, the outcome ha… Show more

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Cited by 10 publications
(8 citation statements)
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“…Many studies such as Abubakar (2014);Ahemd et al, (2015); Ahmed (2007); Ahmed et al, (2015); Ali (2014); Ambrose et al, (2015); Amuda et al (2014);Babatunde et al, (2015); Haneef et al, (2014); Hasan and Abdullah (2008); Ismail and Possumah (2014); Mahamood and Rahman (2014); Mohammad (2008); Shirazi et al, (2015); Yahya (2008); Zuki (2012) and Bello (2010) have discussed the importance of waqf financing models for the different economic sectors such as microfinance, SMEs, health and education. For agriculture, however, there are only a few works.…”
Section: The Muzara'ah Supply Chain Modelmentioning
confidence: 99%
“…Many studies such as Abubakar (2014);Ahemd et al, (2015); Ahmed (2007); Ahmed et al, (2015); Ali (2014); Ambrose et al, (2015); Amuda et al (2014);Babatunde et al, (2015); Haneef et al, (2014); Hasan and Abdullah (2008); Ismail and Possumah (2014); Mahamood and Rahman (2014); Mohammad (2008); Shirazi et al, (2015); Yahya (2008); Zuki (2012) and Bello (2010) have discussed the importance of waqf financing models for the different economic sectors such as microfinance, SMEs, health and education. For agriculture, however, there are only a few works.…”
Section: The Muzara'ah Supply Chain Modelmentioning
confidence: 99%
“…The main objective is to improve the quality of life for those people currently living in poverty. In another similar study by Kamuzora-Ngirwa (2007) and Amuda et al (2014), addresses institutional design and poverty reduction and also the opportunity to improve the livelihood of the local people. Amunda et all (2019) conquer with the two earlier studies as they argued that the agribusiness of waqf property would ensure food sustainability, generate employment and generating more income.…”
Section: B) Waqf Plantation (In Cambodia)mentioning
confidence: 99%
“…In short, waqf is becoming a capital provider for the farmers and gives subsidies for the farmers through lowering its profitsharing ratio or selling the farming necessities on discount. In addition, by creating new businesses, waqf is directly opens job opportunities for many, and providing income for not only those who were originally farmers, but to other job seeker who desperately needs work to sustain themselves and their families (Amuda et al, 2014;Shafiai et al, 2015;Puspitasari, 2017). Thus, the job created by waqf may provide panacea for both unemployment and poverty issues without the help of government or private sector, because essentially, the source of waqf assets and wealth come from wealthy moslem who wish to contribute to their family members and community even after the waqf giver has passed away.…”
Section: Justification Of the Conceptmentioning
confidence: 99%