Toward developing a model of stakeholder trust in waqf institutions

Sustainability of Waqf institutions for poverty alleviation depends directly or indirectly on the donations received from the donors and the awareness of the society. This conceptual paper is an attempt to construct a model of stakeholder trust that could provide valuable insight on the issues that...

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Main Authors:	Hasan, Rashedul, Siraj, Siti Alawiah
Format:	Article
Language:	English
Published:	Islamic Research and Training Institute 2017
Subjects:	HJ1438 Public Finance In Islam
Online Access:	http://irep.iium.edu.my/75987/ http://irep.iium.edu.my/75987/ http://irep.iium.edu.my/75987/ http://irep.iium.edu.my/75987/1/Islamic%20econmics%20Studies.pdf

id	iium-75987
recordtype	eprints
spelling	iium-759872019-12-05T09:15:49Z http://irep.iium.edu.my/75987/ Toward developing a model of stakeholder trust in waqf institutions Hasan, Rashedul Siraj, Siti Alawiah HJ1438 Public Finance In Islam Sustainability of Waqf institutions for poverty alleviation depends directly or indirectly on the donations received from the donors and the awareness of the society. This conceptual paper is an attempt to construct a model of stakeholder trust that could provide valuable insight on the issues that should be focused by the regulators, the mutawallis and the waqifs for ensuring a sustainability of waqf Institutions. The Modified Key Mediating Variable (MKMV) Model proposed in the paper includes a total number of eight variables. Commitment-trust theory is combined with Islamic Accountability and Stewardship theory toward shaping three conceptual models of trust into a much-needed unified model for exploring trust in the context of waqf institutions. Stakeholder trust is positioned as a mediator between independent (board benevolence, board ability, board integrity, board opportunism, communication and accountability) and the dependent variable (stakeholder commitment). Empirical results to support the model could not be provided due to the conceptual nature of the paper. The model can provide direction for reform towards sustainability of waqf institutions. The model is general enough that it can also be used for other conventional and non-profit religious organisations. Islamic Research and Training Institute 2017-04 Article PeerReviewed application/pdf en http://irep.iium.edu.my/75987/1/Islamic%20econmics%20Studies.pdf Hasan, Rashedul and Siraj, Siti Alawiah (2017) Toward developing a model of stakeholder trust in waqf institutions. Islamic Economic Studies, 25 (Special Issue). pp. 85-109. ISSN 2411-3395 http://iesjournal.org/english/Docs/215.pdf 10.12816/0036187
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HJ1438 Public Finance In Islam
spellingShingle	HJ1438 Public Finance In Islam Hasan, Rashedul Siraj, Siti Alawiah Toward developing a model of stakeholder trust in waqf institutions
description	Sustainability of Waqf institutions for poverty alleviation depends directly or indirectly on the donations received from the donors and the awareness of the society. This conceptual paper is an attempt to construct a model of stakeholder trust that could provide valuable insight on the issues that should be focused by the regulators, the mutawallis and the waqifs for ensuring a sustainability of waqf Institutions. The Modified Key Mediating Variable (MKMV) Model proposed in the paper includes a total number of eight variables. Commitment-trust theory is combined with Islamic Accountability and Stewardship theory toward shaping three conceptual models of trust into a much-needed unified model for exploring trust in the context of waqf institutions. Stakeholder trust is positioned as a mediator between independent (board benevolence, board ability, board integrity, board opportunism, communication and accountability) and the dependent variable (stakeholder commitment). Empirical results to support the model could not be provided due to the conceptual nature of the paper. The model can provide direction for reform towards sustainability of waqf institutions. The model is general enough that it can also be used for other conventional and non-profit religious organisations.
format	Article
author	Hasan, Rashedul Siraj, Siti Alawiah
author_facet	Hasan, Rashedul Siraj, Siti Alawiah
author_sort	Hasan, Rashedul
title	Toward developing a model of stakeholder trust in waqf institutions
title_short	Toward developing a model of stakeholder trust in waqf institutions
title_full	Toward developing a model of stakeholder trust in waqf institutions
title_fullStr	Toward developing a model of stakeholder trust in waqf institutions
title_full_unstemmed	Toward developing a model of stakeholder trust in waqf institutions
title_sort	toward developing a model of stakeholder trust in waqf institutions
publisher	Islamic Research and Training Institute
publishDate	2017
url	http://irep.iium.edu.my/75987/ http://irep.iium.edu.my/75987/ http://irep.iium.edu.my/75987/ http://irep.iium.edu.my/75987/1/Islamic%20econmics%20Studies.pdf
first_indexed	2023-09-18T21:47:27Z
last_indexed	2023-09-18T21:47:27Z
_version_	1777413545363767296

Toward developing a model of stakeholder trust in waqf institutions

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