Integrating Awqaf and Zakat: A Case Study of Land Development for the Poor in State Islamic Religious Councils Terengganu, Malaysia

Ali, Siti Nadiah Mohd; Noor, Abd Halim Mohd; Chuweni, Nor Nazihah; Ismail, Nor Rashidah Paujah; Dahlan, Farhan Md; Shari, Mohd Saifol Amri

doi:10.1007/978-981-10-1452-9_19

Cited by 4 publications

(3 citation statements)

References 8 publications

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“…Profit develop the waqf land on the basis that a waqf institution may lease the waqf land to the other party at a rate agreed upon by both parties to ensure the sustainable use of the waqf land (Ali et al, 2016).…”

Section: Profitmentioning

confidence: 99%

Survivalability of Private Tahfiz Schools in Malaysia: Examining The Waqf and Ijarah Concept in Khan Mohamed Waqf Development Model

Yusof¹,

Akhir²,

Ismail³

et al. 2022

IJARBSS

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Private Tahfiz School (PTS) in Malaysia are funded by various monetary sources such as private capital, funding from non-governmental organizations, charity and waqf. Stable finances will help in terms of governance, management, facilities, and teaching staff, and having this ensures the survivability of any PTS. However, in the wake of growing management costs amid a pandemic, are such fundings enough for the institution to ensure its survivability? Thus, this conceptual paper examines PTS's financial issues, and the viability of Khan Mohamed's Waqf Development Model as a framework to be applied for PTS's survivability. Data were collected through library searches, and initial findings suggest that issues hindering PTS development in Malaysia includes the lack of initial capital to build the infrastructure of the institution, and the inability of the institution to generate financial resources to maintain its survivability. This paper also proposes the expansion of waqf products through ijarah which is a financing approach whereby an agreement to lease is made and this method is seen as the best alternative to the development and renovation of waqf land.

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Section: Profitmentioning

confidence: 99%

Survivalability of Private Tahfiz Schools in Malaysia: Examining The Waqf and Ijarah Concept in Khan Mohamed Waqf Development Model

Yusof¹,

Akhir²,

Ismail³

et al. 2022

IJARBSS

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“…On the constraints faced by wakaf authorities in developing wakaf land for housing, researchers have proposed that wakaf should consider working in collaboration with others such as with zakat and/or private property developers vii . For example, in a study carried out by Mohd Ali et al (2016), they highlighted the merits when zakat and wakaf collaborate in the building of residential units for asnafs. Similarly, Abdul Rashid et al (2014;2015a) proposed a tripartite joint venture procurement model between wakaf-zakat-private property developer as a way forward.…”

Section: Zakat and Wakaf And Affordable Housingmentioning

confidence: 99%

Meeting Housing Needs of the Poor and Needy Muslims Through Zakat and Wakaf

Rashid

Fauzi

Hasan

2018

PMJ

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Meeting housing needs of the poor and needy is a continuous challenge. The challenge is exacerbated, among others, by the continuous and upward increases in the cost of living, population growth and the availability of resources. The Government intervenes through policy implementation and assistance in the forms of subsidies and the provision of social housing. In Islam, there is an opportunity to help the poor and needy meeting their housing needs through zakat and wakaf. Consequently, a study applying a combination of library research and in-depth face-to-face interviews with experts was carried out. The key objectivesof the study are to assess the potential of zakat and wakaf in the provision of affordable housing for the poor and needy, and if so, to identify appropriate strategies to empower the zakat and wakaf authorities in carrying out the task. The main findings from the study suggest that zakat and wakaf have great potential to help the poor and needy in meeting their housing needs and that the best way forward is for the zakat and wakaf authorities to do so through collaboration, either among themselves or with private property developers. The significance of the study and its findings are viewed in terms of the innovative idea in promoting zakat and wakaf authorities to collaborate instead of working on their own, with conditions that issues related to the Shariah are resolved.

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mentioning

confidence: 99%

Volume 16 : 2018 Issue 3

Malaysia¹

2018

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Integrating Awqaf and Zakat: A Case Study of Land Development for the Poor in State Islamic Religious Councils Terengganu, Malaysia

Cited by 4 publications

References 8 publications

Survivalability of Private Tahfiz Schools in Malaysia: Examining The Waqf and Ijarah Concept in Khan Mohamed Waqf Development Model

Survivalability of Private Tahfiz Schools in Malaysia: Examining The Waqf and Ijarah Concept in Khan Mohamed Waqf Development Model

Meeting Housing Needs of the Poor and Needy Muslims Through Zakat and Wakaf

Volume 16 : 2018 Issue 3

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