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:
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
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