Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia

Mosque fund, known as Tabung Masjid in Malaysia, is one of the revenues in Islam yet to be developed. The proper management of this revenue in all Muslim countries where Tabarru‘āt (voluntary donations) are collected ought to have sustainability capacity on Islamic microfinance. However, managing th...

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Main Authors: Zakariyah, Luqman, Ibrahim, Ahmad Basri, Md Nor, Nurhidayat, Mhd. Sarif, Suhaimi, Mohd Noor, Azman
Format: Conference or Workshop Item
Language:English
Published: 2016
Subjects:
Online Access:http://irep.iium.edu.my/52846/
http://irep.iium.edu.my/52846/13/52846.pdf
id iium-52846
recordtype eprints
spelling iium-528462016-11-21T03:34:12Z http://irep.iium.edu.my/52846/ Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia Zakariyah, Luqman Ibrahim, Ahmad Basri Md Nor, Nurhidayat Mhd. Sarif, Suhaimi Mohd Noor, Azman KBP Islamic Law KBP144 General works KBP425 Uṣūl al-fiqh. Jurisprudence and theory of law. Science of legal reasoning. KPGG6000 Selangor Mosque fund, known as Tabung Masjid in Malaysia, is one of the revenues in Islam yet to be developed. The proper management of this revenue in all Muslim countries where Tabarru‘āt (voluntary donations) are collected ought to have sustainability capacity on Islamic microfinance. However, managing these funds to bring about the foreseeability remains untapped. In Selangor State of Malaysia as a case study, Tabung Masjid (TM) has not been effectively managed to serve the purpose of Islam. This is either partly due to unawareness of the Islamic jurisprudential perspectives on its potentiality or partly due to the uninformed ways of its management. This paper aims to assess ways of which Tabung Masjid in Selangor State, Malaysia is managed. The paper evaluates the management of TM in Selangor using both questionnaires and semi-structured interview to unveil the current situation of these funds. The role of these funds in strengthening Islamic microfinance is argued based on Maqasid Shariah of protection of wealth. The paper suggests a Tabung Hajj prototype of Tabung Masjid as sustainable drive of Islamic microfinance for empowering Muslim and alleviating poverty. 2016 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/52846/13/52846.pdf Zakariyah, Luqman and Ibrahim, Ahmad Basri and Md Nor, Nurhidayat and Mhd. Sarif, Suhaimi and Mohd Noor, Azman (2016) Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia. In: 11th International Conference on Islamic Economics and Finance, 11th-13th October 2016, Kuala Lumpur Malaysia. (Unpublished)
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic KBP Islamic Law
KBP144 General works
KBP425 Uṣūl al-fiqh. Jurisprudence and theory of law. Science of legal reasoning.
KPGG6000 Selangor
spellingShingle KBP Islamic Law
KBP144 General works
KBP425 Uṣūl al-fiqh. Jurisprudence and theory of law. Science of legal reasoning.
KPGG6000 Selangor
Zakariyah, Luqman
Ibrahim, Ahmad Basri
Md Nor, Nurhidayat
Mhd. Sarif, Suhaimi
Mohd Noor, Azman
Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia
description Mosque fund, known as Tabung Masjid in Malaysia, is one of the revenues in Islam yet to be developed. The proper management of this revenue in all Muslim countries where Tabarru‘āt (voluntary donations) are collected ought to have sustainability capacity on Islamic microfinance. However, managing these funds to bring about the foreseeability remains untapped. In Selangor State of Malaysia as a case study, Tabung Masjid (TM) has not been effectively managed to serve the purpose of Islam. This is either partly due to unawareness of the Islamic jurisprudential perspectives on its potentiality or partly due to the uninformed ways of its management. This paper aims to assess ways of which Tabung Masjid in Selangor State, Malaysia is managed. The paper evaluates the management of TM in Selangor using both questionnaires and semi-structured interview to unveil the current situation of these funds. The role of these funds in strengthening Islamic microfinance is argued based on Maqasid Shariah of protection of wealth. The paper suggests a Tabung Hajj prototype of Tabung Masjid as sustainable drive of Islamic microfinance for empowering Muslim and alleviating poverty.
format Conference or Workshop Item
author Zakariyah, Luqman
Ibrahim, Ahmad Basri
Md Nor, Nurhidayat
Mhd. Sarif, Suhaimi
Mohd Noor, Azman
author_facet Zakariyah, Luqman
Ibrahim, Ahmad Basri
Md Nor, Nurhidayat
Mhd. Sarif, Suhaimi
Mohd Noor, Azman
author_sort Zakariyah, Luqman
title Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia
title_short Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia
title_full Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia
title_fullStr Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia
title_full_unstemmed Maqasid based approach on the role of Muslim public funds in sustaining Islamic microfinance: A case study of Tabung Masjid in Selangor, Malaysia
title_sort maqasid based approach on the role of muslim public funds in sustaining islamic microfinance: a case study of tabung masjid in selangor, malaysia
publishDate 2016
url http://irep.iium.edu.my/52846/
http://irep.iium.edu.my/52846/13/52846.pdf
first_indexed 2023-09-18T21:14:52Z
last_indexed 2023-09-18T21:14:52Z
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