Establishment of Waqf to Alleviate Poverty Among Muslims in Oyo State South-West, Nigeria: Test of Theory of Planned Behaviour

Abstract

Poverty is on the increase in Africa in general and specifically in Nigeria despite the numerous poverty alleviation programs of successive governments. Lamentably, most poverty alleviation initiatives have failed to produce meaningful outcomes despite billions of Naira committed to them. Nigerians and Nigeria still ranked among the poorest, with the poverty rate rising since the 1980s. Base on the theory of planned behavior, this study examines the influences of attitude, subjective norm, perceived behavioral control, Religiosity, and available information on the intention to establish Waqf in Oyo state, southwestern Nigeria. Survey data from 218 Islamic scholars revealed that all the variables, as mentioned earlier, except available data, have a significant positive influence on the intention to establish Waqf according to the respondents. Based on the results, the study made relevant policy recommendations regarding how authority can explore Waqf's institution as a formidable alternative to government-driven poverty alleviation programs in the interest of the Nigerian Muslims and the Nigerian Muslims, the larger population cutting across different religions.

Establishment of Waqf Institutions to Alleviate Poverty in Somalia: Test of Theory of Planned Behavior

“…From the findings of the first hypothesis, the current study indicated that attitude has no significant effect on the establishment of waqf institutions for poverty alleviation. However, the result of this study contradicts the finding of the study conducted by Abdulkareem et al (2020), which found that attitude has significant influenced the establishment of waqf for poverty alleviation. The cause of the different results may come because of the differences in the environment, population, and the classification of the study.…”

“…Iman et al, (2021) argued that the better the attitude toward waqf behavior, the better the participation in waqf. Similarly, Abdulkareem et al, (2020) noted that an individual is more likely to contribute to the establishment of waqf institutions if they have a positive attitude toward doing so. In the context of this study, the greater the person's intention toward establishing waqf institutions, the more likely it is that the person will participate in the waqf establishment.…”

Financing Maternal and Child Healthcare Service through Waqf in Kano State, Nigeria

“…Alifiandy et al (2020) examined the relevance of TPB model in understanding the donor's intention (waqif) to contribute in Airlanga, Indonesia. Abdulkareem et al (2020) surveyed 218 Islamic scholars in Oyo State, Nigeria, and ATT, SN, PBC, and religiosity increased donor's intention to establish waqf.…”

Factors influencing Nigerians to invest in Sukuk for infrastructure development

“…Detail information is important in order to accept new things or products such as Sukuk. This is because the availability of information can assist with upgrade comprehension of the usefulness of Sukuk among investors (AbdulKareem, 2017., AbdulKareem et al, 2020d. Pikkarainen et al, (2004) contended that the amount of information that is accessible to the behaviour of a specific system.…”