ISSN: 2222-6990
Open access
Waqf is known as an endowment made by Muslims to charitable causes such as for education or religious purposes. Waqf is very important for the development of the Islamic ummah, and it is one of the practices recommended in Islam. However, there is no framework of Waqf management being developed in order to ensure that different types of waqf is managed efficiently. Therefore, this study would like to explore the Waqf management practices in Malaysia and propose a framework for Waqf Management. The study is conducted using qualitative approach which involved semi-structured interviews with the managers and employees of Waqf Johor Unit (UWJ) in Johor and the Waqf Selangor Corporation (PWS) in Selangor, Malaysia. The findings identified three important components that are crucial for efficient Waqf management, research management, investment management and property management. The existence of these components will enable the Waqf institutions to manage waqf effectively so that it will play an effective charitable role in developing the Islamic ummah. These findings will assist the policy makers and the management of waqf institutions to strategize Waqf as a driver for the social and economic development in Malaysia.
Ab Rahman, A. (2009). Peranan wakaf dalam pembangunan ekonomi umat Islam dan aplikasinya di Malaysia. Shariah Journal 17(1), 113-152.
Ahmad, H. Z. Z. (2007). Cabaran Dalam Mempertingkatkan Potensi Pembangunaan Tanah Wakaf. Jurnal Pengurusan JAWHAR 1(1), 1-12.
Ahmad, A. (2008). Pelaksanaan Skim Wakaf Tunai oleh Yayasan Wakaf Malaysia. Jurnal Pengurusan JAWHAR 2(2), 87-98.
Ahmad, M. (2015). Cash Waqf, Historical Evolution, Nature and Role as an Alternative to Riba-Based Financing for the Grass Root. Journal of Islamic Finance 4(1), 63-74.
Ahmad, S., and Muhamed, N. D. (2011). ‘Institusi Wakaf dan Pembangunan Ekonomi Negara, Kes Pembangunan Tanah Waqaf di Malaysia’. In Prosiding PERKEM VI.
Arthur, Jr. W., Bennett, W., Edens, Jr. P. S., and Bell, S. T. (2003). Effectiveness of training in organizations: A meta-analysis of design and evaluation features. Journal of Applied Psychology 88(2), 234-245.
Bell, E., and Bryman, A. (2007). The ethics of management research, an exploratory content analysis. British Journal of Management 18(1), 63-77.
Cameron, K. S. (1986). Effectiveness as paradox: Consensus and conflict in conceptions of organizational effectiveness. Management Science 32(5), 539-553.
Carson, D., Gilmore, A., Perry, C., and Gronhaug, K. (2001). Qualitative Marketing Research. Sage.
Chowdhury, M. S. R., Chowdhury, I. A., Muhammad, M. Z., and Yasoa, M. R. (2012). Problems of waqf administration and proposals for improvement: A study in Malaysia. Journal of Internet Banking and Commerce 17(1), 1-9.
Chowdhury, M. S. R., Ghazali, M. F., and Ibrahim, M. F. (2011). Economics of Cash WAQF management in Malaysia: A proposed Cash WAQF model for practitioners and future researchers. African Journal of Business Management 5(30), 121-155.
Cizakca, M. (2004). ‘Incorporated cash waqfs and mudaraba: Islamic non-bank financial instruments from the past to the future’. In International Seminar on Non-bank Financial Institutions, Kuala Lumpur.
Foley, C. (2005). Thoughts on endowment fundraising for libraries. The Bottom Line 18(1), 40-42.
Grönroos, C. (1989). Defining marketin, a market-oriented approach. European Journal of Marketing 23(1),52-60.
Grönroos, C. (1990). Marketing redefined. Management Decision, 28(8).
Hassan, N. C. (2007). Sistem Pengurusan Dana Cara Islam, Satu Penelitian. Jurnal Pengurusan JAWHAR 1(2), 85-101.
Ismail, A. G., and Arshad, N. C. (2009). Pengurusan Zakat Dan Wakaf di Malaysia: Satu Langkah Ke Hadapan. Jurnal Pengurusan JWZH (2), 25-46.
Ismail, A., Jamil, A. T., Rahman, A. F. A., Bakar, J. M. A., Saad, N. M., and Saadi, H. (2010). The implementation of Hospital Information System (HIS) in Tertiary Hospitals in Malaysia: A Qualitative Study. Malaysian Journal of Public Health Medicine 10(2),16-24.
Latiff, A. Z. H. A. (2008). Wakaf, pengurusan dan sumbangannya terhadap pendidikan Islam di Malaysia. Pusat Penerbitan Universiti, Universiti Teknologi MARA.
Mahamood, S. M. (2007). Pembentukan dana wakaf menurut perspektif syariah dan undang-undang serta aplikasinya di Malaysia. Jurnal Syariah 15(2).
Malhotra, N. K., and Birks, D. F. (2000). Marketing research, an applied approach. Harlow, Financial Times, Prentice Hall.
Manzoor, Q. A. (2012). Impact of employees motivation on organizational effectiveness. Business management and strategy 3(1),1-12.
Mithas, S., Ramasubbu, N., and Sambamurthy, V. (2011). How information management capability influences firm performance. MIS quarterly 35(1),237-256.
Salleh, M. S., and Syarqawi, M. (2008). Waqf Development in Malaysia, Issues and Challenges. Jurnal Pengurusan JAWHAR 2(1), 13-35.
Mustaffa, N., and Muda, M. Z. (2014). Pengurusan Wakaf Pendidikan di Institusi Pengajian Tinggi Malaysia, Satu Sorotan Literatur. UMRAN-International Journal of Islamic and Civilizational Studies 1(1), 45-57.
Saunders, M., Lewis, P., and Thornhill, A. (2003). Deciding on the research approach and choosing a research strategy. Research Methods for Business Students,
In-Text Citation: (Hassan, Abdul-Rahman, & Yazid, 2018)
To Cite this Article: Hassan, N., Abdul-Rahman, A., & Yazid, Z. (2018). Developing a New Framework of Waqf Management. International Journal of Academic Research in Business and Social Sciences, 8(2), 279–297.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode