The potential in reviving waqf through crowdfunding technology: the case study of Thailand

Disruption of technology continues to change the global market and economy today. Simultaneously, Islamic social finance and its mechanisms has continued to gain spotlights due to their viability and sustainability nature. They are not only offering chances to achieve Sustainable Development Goals (...

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Main Authors: Mohd. Zain, Nor Razinah, Mahadi, Nur Farhah, Mohd Noor, Azman
Format: Article
Language:English
English
Published: IIUM Press, International Islamic University Malaysia 2019
Subjects:
Online Access:http://irep.iium.edu.my/78569/
http://irep.iium.edu.my/78569/
http://irep.iium.edu.my/78569/1/78569-The%20potential%20in%20reviving%20waqf%20through%20crowdfunding%20technology%20-%20scopus.pdf
http://irep.iium.edu.my/78569/2/78569-The%20potential%20in%20reviving%20waqf%20through%20crowdfunding%20technology.pdf
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spelling iium-785692020-02-21T02:27:07Z http://irep.iium.edu.my/78569/ The potential in reviving waqf through crowdfunding technology: the case study of Thailand Mohd. Zain, Nor Razinah Mahadi, Nur Farhah Mohd Noor, Azman H Social Sciences (General) HG Finance HG3368 Islamic Banking and Finance Disruption of technology continues to change the global market and economy today. Simultaneously, Islamic social finance and its mechanisms has continued to gain spotlights due to their viability and sustainability nature. They are not only offering chances to achieve Sustainable Development Goals (SDGs) but also beyond such goals. Looking into the application of waqf as one of Islamic social finance's instruments, this continuous charitable giving is preferred due to its features that are perpetual, irrevocable, and inalienable. In Thailand, reviving and sustaining waqf properties are still limited due to the lack of funds. However, with the existence of new technology called crowdfunding platform, the revival of waqf can be made possible. Such revival of waqf is essential for the society at large, especially for the Muslim community. The revival of waqf may provide essential assistance in alleviating poverty and gives an equal opportunity for economic participation. By using a qualitative research method and documentary-based legal analysis, this research looks at the opportunity of reviving waqf in Thailand through crowdfunding platforms. IIUM Press, International Islamic University Malaysia 2019-10-05 Article PeerReviewed application/pdf en http://irep.iium.edu.my/78569/1/78569-The%20potential%20in%20reviving%20waqf%20through%20crowdfunding%20technology%20-%20scopus.pdf application/pdf en http://irep.iium.edu.my/78569/2/78569-The%20potential%20in%20reviving%20waqf%20through%20crowdfunding%20technology.pdf Mohd. Zain, Nor Razinah and Mahadi, Nur Farhah and Mohd Noor, Azman (2019) The potential in reviving waqf through crowdfunding technology: the case study of Thailand. Al-Shajarah: Journal of The International Institute of Islamic Thought and Civilization (ISTAC), Special Issue: Islamic Banking and Finance. pp. 89-106. ISSN 1394-6870 https://journals.iium.edu.my/shajarah/index.php/shaj/article/view/898
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic H Social Sciences (General)
HG Finance
HG3368 Islamic Banking and Finance
spellingShingle H Social Sciences (General)
HG Finance
HG3368 Islamic Banking and Finance
Mohd. Zain, Nor Razinah
Mahadi, Nur Farhah
Mohd Noor, Azman
The potential in reviving waqf through crowdfunding technology: the case study of Thailand
description Disruption of technology continues to change the global market and economy today. Simultaneously, Islamic social finance and its mechanisms has continued to gain spotlights due to their viability and sustainability nature. They are not only offering chances to achieve Sustainable Development Goals (SDGs) but also beyond such goals. Looking into the application of waqf as one of Islamic social finance's instruments, this continuous charitable giving is preferred due to its features that are perpetual, irrevocable, and inalienable. In Thailand, reviving and sustaining waqf properties are still limited due to the lack of funds. However, with the existence of new technology called crowdfunding platform, the revival of waqf can be made possible. Such revival of waqf is essential for the society at large, especially for the Muslim community. The revival of waqf may provide essential assistance in alleviating poverty and gives an equal opportunity for economic participation. By using a qualitative research method and documentary-based legal analysis, this research looks at the opportunity of reviving waqf in Thailand through crowdfunding platforms.
format Article
author Mohd. Zain, Nor Razinah
Mahadi, Nur Farhah
Mohd Noor, Azman
author_facet Mohd. Zain, Nor Razinah
Mahadi, Nur Farhah
Mohd Noor, Azman
author_sort Mohd. Zain, Nor Razinah
title The potential in reviving waqf through crowdfunding technology: the case study of Thailand
title_short The potential in reviving waqf through crowdfunding technology: the case study of Thailand
title_full The potential in reviving waqf through crowdfunding technology: the case study of Thailand
title_fullStr The potential in reviving waqf through crowdfunding technology: the case study of Thailand
title_full_unstemmed The potential in reviving waqf through crowdfunding technology: the case study of Thailand
title_sort potential in reviving waqf through crowdfunding technology: the case study of thailand
publisher IIUM Press, International Islamic University Malaysia
publishDate 2019
url http://irep.iium.edu.my/78569/
http://irep.iium.edu.my/78569/
http://irep.iium.edu.my/78569/1/78569-The%20potential%20in%20reviving%20waqf%20through%20crowdfunding%20technology%20-%20scopus.pdf
http://irep.iium.edu.my/78569/2/78569-The%20potential%20in%20reviving%20waqf%20through%20crowdfunding%20technology.pdf
first_indexed 2023-09-18T21:50:40Z
last_indexed 2023-09-18T21:50:40Z
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