Some issues and challenges confronting Muslim private higher educational institutions in Malaysia and the role of Waqf
Privatization of higher education is a global trend. There is an increasing demand for higher education due to the nature of work and economy today and public universities and colleges could not meet the demand with its limited financial resources from the government. Private higher education instit...
| Main Author: | |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English English |
| Published: |
2012
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/35186/ http://irep.iium.edu.my/35186/1/Gontor_pr_Muslim_Private_HE_%26_waqf.pdf http://irep.iium.edu.my/35186/4/Rosnani_Muslim_PHEIs_IAIS_paper_BRIEF.pdf |
| Summary: | Privatization of higher education is a global trend. There is an increasing demand for higher education due to the nature of work and economy today and public universities and colleges could not meet the demand with its limited financial resources from the government. Private higher education institutions (PHEI) seem to be the most attractive alternative to public universities and colleges in opening greater access to higher education. Malaysia is no exception, having about, 25 private universities, 22 private university colleges and 410 private colleges and institutes. About a fourth of these PHEIs are Islamic institutions going by the name of the institutions or its ownership. However, private higher education institutions have their own issues and challenges. The most serious of them are preserving the philosophical goal of a balanced and integrated education despite market demands and sustaining its operation financially amidst a competitive environment. Yet, there are several opportunities from having Islamic PHEIs especially in terms of international collaboration and exchanges. This paper is an attempt to examine these issues and challenges or opportunities, and the potential role of waqf in the financial sustenance of Islamic PHEIs. |
|---|