The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi

Sadaqa House is a new product by Islamic Financial Institution (IFI) in Malaysia, as an initiative of the institution to strengthen the value of Islam in economic and financial activities. The idea of Sadaqa House was proposed by Dato Dr. Abdul Halim Ismail in his speech during the Global Islamic Fi...

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Main Author:	Sofian Azmi, Lubaina Syakirah
Format:	Student Project
Language:	English
Published:	Academy of Contemporary Islamic Studies (ACIS) 2018
Subjects:	Waqf. Awqāf. Charities. Endowments Islam and economics Finance, Islamic
Online Access:	http://ir.uitm.edu.my/id/eprint/23847/ http://ir.uitm.edu.my/id/eprint/23847/1/PPd_LUBAINA%20SYAKIRAH%20SOFIAN%20AZMI%20ACI%20B%2018_5.pdf

id	uitm-23847
recordtype	eprints
spelling	uitm-238472019-04-11T04:10:14Z http://ir.uitm.edu.my/id/eprint/23847/ The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi Sofian Azmi, Lubaina Syakirah Waqf. Awqāf. Charities. Endowments Islam and economics Finance, Islamic Sadaqa House is a new product by Islamic Financial Institution (IFI) in Malaysia, as an initiative of the institution to strengthen the value of Islam in economic and financial activities. The idea of Sadaqa House was proposed by Dato Dr. Abdul Halim Ismail in his speech during the Global Islamic Finance Forum 2014. The Sadaqa House Special Task Force was then established in 2017, in order to implement the idea of Sadaqa House in Islamic Banking environment in Malaysia. This study will review on: (1) the concept of sadaqah in Islam and its impact to the community, (2) the existing models of Sadaqa House and other related models such as zakat and takaful, and (3) suggestion on the appropriate model of Sadaqa House to be implemented in Malaysia. This mixed method study collected data through interview and questionnaire survey to achieve the above objectives. Based on the data from the respondents, it is found that Model A is highly selected compared to Model B and C. However, researcher tend to propose that Model C is more appropriate to be implemented in Malaysia due to few elements; 1) tax exemption given to the bank as well as donors, 2) establishment of new entity according to the depth analysis from the opinions of the practitioners in Islamic banking sector and respondents. Academy of Contemporary Islamic Studies (ACIS) 2018 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/23847/1/PPd_LUBAINA%20SYAKIRAH%20SOFIAN%20AZMI%20ACI%20B%2018_5.pdf Sofian Azmi, Lubaina Syakirah (2018) The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Waqf. Awqāf. Charities. Endowments Islam and economics Finance, Islamic
spellingShingle	Waqf. Awqāf. Charities. Endowments Islam and economics Finance, Islamic Sofian Azmi, Lubaina Syakirah The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi
description	Sadaqa House is a new product by Islamic Financial Institution (IFI) in Malaysia, as an initiative of the institution to strengthen the value of Islam in economic and financial activities. The idea of Sadaqa House was proposed by Dato Dr. Abdul Halim Ismail in his speech during the Global Islamic Finance Forum 2014. The Sadaqa House Special Task Force was then established in 2017, in order to implement the idea of Sadaqa House in Islamic Banking environment in Malaysia. This study will review on: (1) the concept of sadaqah in Islam and its impact to the community, (2) the existing models of Sadaqa House and other related models such as zakat and takaful, and (3) suggestion on the appropriate model of Sadaqa House to be implemented in Malaysia. This mixed method study collected data through interview and questionnaire survey to achieve the above objectives. Based on the data from the respondents, it is found that Model A is highly selected compared to Model B and C. However, researcher tend to propose that Model C is more appropriate to be implemented in Malaysia due to few elements; 1) tax exemption given to the bank as well as donors, 2) establishment of new entity according to the depth analysis from the opinions of the practitioners in Islamic banking sector and respondents.
format	Student Project
author	Sofian Azmi, Lubaina Syakirah
author_facet	Sofian Azmi, Lubaina Syakirah
author_sort	Sofian Azmi, Lubaina Syakirah
title	The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi
title_short	The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi
title_full	The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi
title_fullStr	The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi
title_full_unstemmed	The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi
title_sort	implementation of sadaqa house in malaysia / lubaina syakirah sofian azmi
publisher	Academy of Contemporary Islamic Studies (ACIS)
publishDate	2018
url	http://ir.uitm.edu.my/id/eprint/23847/ http://ir.uitm.edu.my/id/eprint/23847/1/PPd_LUBAINA%20SYAKIRAH%20SOFIAN%20AZMI%20ACI%20B%2018_5.pdf
first_indexed	2023-09-18T23:11:29Z
last_indexed	2023-09-18T23:11:29Z
_version_	1777418831599239168

The Implementation of Sadaqa House in Malaysia / Lubaina Syakirah Sofian Azmi

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