Investigating Waqf Property Resources of Institutional Mutawalli in Malaysia

Mutalib, Hasyeilla Abd; Maamor, Selamah

doi:10.32890/ijib2018.3.1.2

Cited by 3 publications

(2 citation statements)

References 3 publications

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“…Abd Jalil, 2020;Abdul Rauph & Adebayo, 2022), state (e.g. Abu Bakar et al, 2020;Ismail et al, 2021;Ma, 2017;Mohamad & Sulong, 2022;Owais, 2019), institution (Ahmad, 2019;Hussain et al, 2021;Junarti et al, 2021;Kamaruddin & Hanefah, 2021;Mohaiyadin & Aman, 2021;Mohd Puad et al, 2014;Mutalib & Maamor, 2016), and types and instruments (e.g. Nur Sasongko et al, 2021;Yusoff et al, 2021).…”

Section: Cash Waqf Management Challengesmentioning

confidence: 99%

Beyond Management Challenges: A Demise of a Cash Waqf Foundation

Mohammed Kabiru Musah,

Muntaka Alhaj,

Hasan

et al. 2023

JISF

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This study investigates how management challenges have caused the demise of the Ahlussunnah Wal-Jamaah Waqf Foundation (ASWAJWF) in Ghana using human resource theory and the behavioral theory of leadership. Interviews were conducted with 24 participants who were directly involved in the collection of cash waqf and the management of ASWAJWF in ten of the 16 regions of Ghana. The findings attributed ASWAJWF’s demise to leaders’ misunderstanding of waqf as a typical sadaqah, lack of investment initiatives to sustain the fund due to managerial incompetence, and failure to consult and heed voluntary expert advice. This is the first study to examine Ghana's waqf management challenges. It is also the first waqf study to use theories of demise to explain how management challenges caused a waqf institution to ‘die’. Its exploratory nature ignites and invites other researchers to examine the reasons for the demise/closure of cash waqf institutions, thus serving as a reference for researchers. Finally, we expect this study to draw the attention of cash waqf stakeholders, including policymakers, to the need to provide effective management and governance frameworks/tools to revive cash waqf and to safeguard the interests of donors, beneficiaries, and the public at large.

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Section: Cash Waqf Management Challengesmentioning

confidence: 99%

Beyond Management Challenges: A Demise of a Cash Waqf Foundation

Mohammed Kabiru Musah,

Muntaka Alhaj,

Hasan

et al. 2023

JISF

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“…Lebih jauh pendayagunaan adalah kegiatan yang menyangkut dengan kebutuhan yang telah terpenuhi sebagai materi dasar atau materi kepuasan. Oleh karena itu, kesimpulan dari ekonomi klasik, penerima manfaat wakaf dianggap rasional ketika mereka membelanjakan pendapatan mereka dengan memaksimalkan materi dasar atau kepuasan materi (Mutalib & Maamor, 2016) Kemampuan Nazir dalam mengelola wakaf sangat berpengaruh pada keberlangsungan praktik wakaf, asset wakaf, serta trust masyarakat kepada Nazir untuk mewakafkan harta bendanya.…”

Section: Pendahuluanunclassified

Analisis Strategi Pendayagunaan Aset Wakaf Pada Persyarikatan Muhammadiyah

Rohman

2023

JIEI

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This study presents the utilization strategy of waqf assets in the Muhammadiyah Association, Muhammadiyah Association is a non-profit organization engaged in various fields including social, religious, education and others. Waqf assets managed by Muhammadiyah become a huge potential so that strategies are needed waqf in Muhammadiyah can be optimized to the maximum. The purpose of this research is to prioritize the strategies proposed by waqf experts for Muhammadiyah. The method used in this research is a qualitative method with a Strengths, Weaknesses, Opportunities and Threat (SWOT), analysis approach with an analytical tool using the Analytic Network Process method to provide a classification of alternatives given by waqf experts. In this method, the strength factor, namely waqf assets Sabang to Merauke, is more dominant than the presence of supporting regulations, from the weakness factor it is found that limited human resources have the most influence on Muhammadiyah's weaknesses. Meanwhile, from the opportunity factor, the ability of the nazir to get results is more dominant, and Muhammadiyah's biggest threat is the number of waqf assets in private names. So that the main strategy carried out is to maximize opportunities, namely increasing the professionalism of Nazir.

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Utilization and Governance of Waqf Property

Maamor

Mutalib

Hashim

et al. 2021

Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis

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Waqf is one of the benevolence charities that are highly encourage in Islam. Through the donated waqf property, the benefit will provide to all of the beneficiaries directly or indirectly. Thus, all waqf property should be managed and administered efficiently. A good and effective institutional mutawalli is capable not only to develop but also to utilize the property. However, most institutional mutawalli facing challenges in their governance practices; hence, these properties are not being utilized to achieve their full impact to other beneficiaries. Therefore, the aim of this chapter is to analyse the current utilization of waqf property and to explore the governance practices based on experience of corporation institution as an institutional mutawalli (IM). A qualitative method applied in this study where formal and semi-structured interview conducted where the participants are those in leadership positions such as CEO and the top management of the chosen institutional mutawalli. This study has chosen Waqaf A-Nur Corporations Berhad (WANCorp) as a case study. The finding from this study discussed in detail the practice and experience of the waqf institution in utilization and governance their waqf properties. This study identifies the crucial characteristic in the waqf property which needs to possess in utilizing and governing the waqf property. The finding also could benefit the similar and different institutional mutawalli and policy makers to identify the important interdependent characteristics to help them attain growth performance.

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Investigating Waqf Property Resources of Institutional Mutawalli in Malaysia

Cited by 3 publications

References 3 publications

Beyond Management Challenges: A Demise of a Cash Waqf Foundation

Beyond Management Challenges: A Demise of a Cash Waqf Foundation

Analisis Strategi Pendayagunaan Aset Wakaf Pada Persyarikatan Muhammadiyah

Utilization and Governance of Waqf Property

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