Abstract
Purpose - This is a concept paper that explores the prospect of establishing a model for the zakah, waqf, and infaq (ZISWAF)
fund as a potential capital source for educational development in Malaysia.
Methodology - The exploration is done through a content analysis of the selected models of waqf funds and observations that were carried out during research visits to several establishments like Majlis Ugama Islam Singapura (MUIS) Dompet Dhuafa Indonesia, and Majlis Agama Islam Johor (MAIJ)
Finding - This study found that a number of institutions in Malaysia, Singapore and Indonesia have already adopted the mechanisms of Zakah, waqf, and infaq that can be emulated and can eventually serve as a contemporary model for distributing philanthropic funds.
Implication – A social fundraising mechanism for the significant purpose of education can be modeled after prominent educational institution such as the Harvard University
Endowment that has accumulate assets of more than USD 32 billion.
Metadata
Item Type: | Conference or Workshop Item (Paper) |
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Creators: | Creators Email / ID Num. Daut, Azizah UNSPECIFIED Che Yaacob, Ahmad UNSPECIFIED Mohd Don, Mohd Ali UNSPECIFIED Ismail, Normah UNSPECIFIED Mohamed, Safiah UNSPECIFIED |
Subjects: | B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam > Waqf. Awqāf. Charities. Endowments B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam > Alms (Zakat) L Education > LC Special aspects of education > Education and globalization. Education and society |
Divisions: | Universiti Teknologi MARA, Johor > Segamat Campus |
Event Title: | Accounting and Business Challenges : Gearing towards islamic resurgence |
Event Dates: | 23-24 April 2013 |
Page Range: | pp. 1-22 |
Keywords: | Ziswaf Fund; Source of Corporate Waqf; Infaq, UiTM Cawangan Johor |
Date: | 2013 |
URI: | https://ir.uitm.edu.my/id/eprint/39072 |