Determinants of cash waqf giving in Malaysia: survey of selected works

Cash waqf means a movable waqf that has been established with liquid money or in other word waqf by using a cash or money. Cash waqf carries several advantages which give great benefit to all parties, including the financial institutions, investor and societies. Typically, waqf usually focused on th...

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Main Authors:	Htay, Sheila Nu Nu, Mohamed, Mustafa Omar, Osman, Amirul Faiz
Format:	Conference or Workshop Item
Language:	English English
Published:	2012
Subjects:	HG1501 Banking
Online Access:	http://irep.iium.edu.my/28284/ http://irep.iium.edu.my/28284/1/DETERMINANTS_OF_CASH_WAQF_GIVING_IN_MALAYSIA.pdf http://irep.iium.edu.my/28284/4/10.Determinants_of_Cash_Waqf_Giving_in_Malaysia_Survey_of_Selected_Works_Conference.pdf

id	iium-28284
recordtype	eprints
spelling	iium-282842013-07-25T02:34:51Z http://irep.iium.edu.my/28284/ Determinants of cash waqf giving in Malaysia: survey of selected works Htay, Sheila Nu Nu Mohamed, Mustafa Omar Osman, Amirul Faiz HG1501 Banking Cash waqf means a movable waqf that has been established with liquid money or in other word waqf by using a cash or money. Cash waqf carries several advantages which give great benefit to all parties, including the financial institutions, investor and societies. Typically, waqf usually focused on the land or building, but not many people or the donors have the asset to do waqf and therefore, cash waqf has come as a great alternative for individual who do not have an immovable asset but rather have movable assets i.e cash for donating. Thus, everyone can do a charity in form of cash waqf as long as they want to do it voluntary only for the sake of Allah s.w.t blessing. However, awareness and understanding of public about cash waqf is still low. The amount of cash waqf collected still at infancy level and do not generate sufficient funds of scale to carry out program with impact as compared with Singapore that has shown significant amount of collection though ruled by a secular government. By population, Malaysia is leading in term of number of population where the Muslim people consist of 61.3% from the 28.3 billions of population at 2010. Selangor state is the largest populations by 5.43 millions. Therefore, motivation of the public towards the contribution of cash waqf is something interesting to look at. Several potential determinants have been identified. There are i) religious satisfaction ii) literacy of waqf iii) trustworthiness iv) demographic factor v) efficient management and vi) tax incentive. The preliminary study is considered important to develop a clear understanding with regard to further development of cash waqf particularly in Malaysia. 2012 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/28284/1/DETERMINANTS_OF_CASH_WAQF_GIVING_IN_MALAYSIA.pdf application/pdf en http://irep.iium.edu.my/28284/4/10.Determinants_of_Cash_Waqf_Giving_in_Malaysia_Survey_of_Selected_Works_Conference.pdf Htay, Sheila Nu Nu and Mohamed, Mustafa Omar and Osman, Amirul Faiz (2012) Determinants of cash waqf giving in Malaysia: survey of selected works. In: Workshop Antarbangsa Pembangunan Berteraskan Islam V (WAPI-5), 10 Apr 2012, Medan, Indonesia. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG1501 Banking
spellingShingle	HG1501 Banking Htay, Sheila Nu Nu Mohamed, Mustafa Omar Osman, Amirul Faiz Determinants of cash waqf giving in Malaysia: survey of selected works
description	Cash waqf means a movable waqf that has been established with liquid money or in other word waqf by using a cash or money. Cash waqf carries several advantages which give great benefit to all parties, including the financial institutions, investor and societies. Typically, waqf usually focused on the land or building, but not many people or the donors have the asset to do waqf and therefore, cash waqf has come as a great alternative for individual who do not have an immovable asset but rather have movable assets i.e cash for donating. Thus, everyone can do a charity in form of cash waqf as long as they want to do it voluntary only for the sake of Allah s.w.t blessing. However, awareness and understanding of public about cash waqf is still low. The amount of cash waqf collected still at infancy level and do not generate sufficient funds of scale to carry out program with impact as compared with Singapore that has shown significant amount of collection though ruled by a secular government. By population, Malaysia is leading in term of number of population where the Muslim people consist of 61.3% from the 28.3 billions of population at 2010. Selangor state is the largest populations by 5.43 millions. Therefore, motivation of the public towards the contribution of cash waqf is something interesting to look at. Several potential determinants have been identified. There are i) religious satisfaction ii) literacy of waqf iii) trustworthiness iv) demographic factor v) efficient management and vi) tax incentive. The preliminary study is considered important to develop a clear understanding with regard to further development of cash waqf particularly in Malaysia.
format	Conference or Workshop Item
author	Htay, Sheila Nu Nu Mohamed, Mustafa Omar Osman, Amirul Faiz
author_facet	Htay, Sheila Nu Nu Mohamed, Mustafa Omar Osman, Amirul Faiz
author_sort	Htay, Sheila Nu Nu
title	Determinants of cash waqf giving in Malaysia: survey of selected works
title_short	Determinants of cash waqf giving in Malaysia: survey of selected works
title_full	Determinants of cash waqf giving in Malaysia: survey of selected works
title_fullStr	Determinants of cash waqf giving in Malaysia: survey of selected works
title_full_unstemmed	Determinants of cash waqf giving in Malaysia: survey of selected works
title_sort	determinants of cash waqf giving in malaysia: survey of selected works
publishDate	2012
url	http://irep.iium.edu.my/28284/ http://irep.iium.edu.my/28284/1/DETERMINANTS_OF_CASH_WAQF_GIVING_IN_MALAYSIA.pdf http://irep.iium.edu.my/28284/4/10.Determinants_of_Cash_Waqf_Giving_in_Malaysia_Survey_of_Selected_Works_Conference.pdf
first_indexed	2023-09-18T20:41:47Z
last_indexed	2023-09-18T20:41:47Z
_version_	1777409413122883584

Determinants of cash waqf giving in Malaysia: survey of selected works

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