Waqf management and administration in Malaysia: its implementation from the perspective of Islamic law / Mohd Afendi Mat Rani and Asmah Abdul Aziz

Mat Rani, Mohd Afendi and Abdul Aziz, Asmah (2010) Waqf management and administration in Malaysia: its implementation from the perspective of Islamic law / Mohd Afendi Mat Rani and Asmah Abdul Aziz. Management & Accounting Review (MAR), 9 (2). pp. 1-7. ISSN 2550-1895

Abstract

Endowment is one of the Islamic institutions that has existed since the time of Prophet Muhammad SAW. It serves as a catalyst for economic growth and development of the Muslims. Endowment is not only a ritual matter to Allah SWT but is also considered as an economic institution which benefits the Muslims. The management and administration of the waqf property is an important issue to be resolved in Malaysia. This article includes the discussion of the powers of a trustee of an endowment property in Malaysia. A number of legal obstacles and constraints that impeded efforts to develop waqf property in Malaysia are identified. Thus, the implementation of a waqf management must be aligned with the waqf legislation so that there is a continuity of the reward to the waqf donor through good governance and systematic procedures. The trustee who manages the waqf property is responsible to look after, preserve and develop the land that is donated in order to collect income which can be distributed to the recipient. Although the Religious Council is appointed as the sole trustee on the management of waqf in Malaysia, nevertheless, from the practical aspect, these assets are still subjected to various acts made by Parliament.

Metadata

Item Type: Article
Creators:
CreatorsEmail / ID. Num
Mat Rani, Mohd AfendiUNSPECIFIED
Abdul Aziz, AsmahUNSPECIFIED
Subjects: B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam
B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam > Alms (Zakat)
B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam > Alms (Zakat) > Malaysia
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Accountancy
Journal or Publication Title: Management & Accounting Review (MAR)
Journal: UiTM Journal > Management & Accounting Review
ISSN: 2550-1895
Volume: 9
Number: 2
Page Range: pp. 1-7
Official URL: http://arionline.uitm.edu.my/ojs/index.php/MAR/art...
Item ID: 31008
Uncontrolled Keywords: waqf, property, management, religious council, Malaysia
URI: http://ir.uitm.edu.my/id/eprint/31008

Download

[img] Text
AJ_MOHD AFENDI MAT RANI MAR B 10.pdf

Download (25kB)


View in Google Scholar

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year