An empirical investigation of the determinants of cash Waqf awareness in Malaysia
Notwithstanding the consensus among most classical and contemporary scholars on the permissibility of cash or money for Waqf purpose, its apparent limited application to religious purposes in Malaysia undermines its potentials for socio-economic development. Extant Malaysia theoretical and conceptua...
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| Format: | Article |
| Language: | English English |
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International Islamic University Malaysia
2016
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| Online Access: | http://irep.iium.edu.my/55146/ http://irep.iium.edu.my/55146/1/55146_An%20Empirical%20Investigation.pdf http://irep.iium.edu.my/55146/2/55146_An%20Empirical%20Investigation_SCOPUS.pdf |
| _version_ | 1848784530033344512 |
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| author | Adeyemi, Adewale Abideen Ismail, Nurul Aini Mohd Hassan, Siti Sabariah |
| author_facet | Adeyemi, Adewale Abideen Ismail, Nurul Aini Mohd Hassan, Siti Sabariah |
| author_sort | Adeyemi, Adewale Abideen |
| building | IIUM Repository |
| collection | Online Access |
| description | Notwithstanding the consensus among most classical and contemporary scholars on the permissibility of cash or money for Waqf purpose, its apparent limited application to religious purposes in Malaysia undermines its potentials for socio-economic development. Extant Malaysia theoretical and conceptual studies only offered remarks on the likely low levels of application of this very important variant of Waqf in Malaysia. Thus a lacuna exists to empirically assess the level of awareness and unravel the likely factors that explain such limited application of Cash Waqf in Malaysia. In an attempt to fill this gap in this study, data elicited from respondents via an adopted survey instrument was subjected to both descriptive and inferential statistical analysis. The results indicated that the awareness level is still low and that social culture, lack of promotion, and lack of understanding statistically and significantly explain the level of awareness and application about Cash Waqf among the respondents. Recommendations contingent on research findings were offered. |
| first_indexed | 2025-11-14T16:38:42Z |
| format | Article |
| id | iium-55146 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T16:38:42Z |
| publishDate | 2016 |
| publisher | International Islamic University Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-551462017-04-04T04:48:18Z http://irep.iium.edu.my/55146/ An empirical investigation of the determinants of cash Waqf awareness in Malaysia Adeyemi, Adewale Abideen Ismail, Nurul Aini Mohd Hassan, Siti Sabariah HG Finance HG1501 Banking HG4001 Financial management. Business finance. Corporation finance. Notwithstanding the consensus among most classical and contemporary scholars on the permissibility of cash or money for Waqf purpose, its apparent limited application to religious purposes in Malaysia undermines its potentials for socio-economic development. Extant Malaysia theoretical and conceptual studies only offered remarks on the likely low levels of application of this very important variant of Waqf in Malaysia. Thus a lacuna exists to empirically assess the level of awareness and unravel the likely factors that explain such limited application of Cash Waqf in Malaysia. In an attempt to fill this gap in this study, data elicited from respondents via an adopted survey instrument was subjected to both descriptive and inferential statistical analysis. The results indicated that the awareness level is still low and that social culture, lack of promotion, and lack of understanding statistically and significantly explain the level of awareness and application about Cash Waqf among the respondents. Recommendations contingent on research findings were offered. International Islamic University Malaysia 2016 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/55146/1/55146_An%20Empirical%20Investigation.pdf application/pdf en http://irep.iium.edu.my/55146/2/55146_An%20Empirical%20Investigation_SCOPUS.pdf Adeyemi, Adewale Abideen and Ismail, Nurul Aini and Mohd Hassan, Siti Sabariah (2016) An empirical investigation of the determinants of cash Waqf awareness in Malaysia. Intellectual Discourse, 24 (Special Issue). pp. 501-520. ISSN 0128-4878 E-ISSN 2289-5639 http://journals.iium.edu.my/intdiscourse/index.php/islam |
| spellingShingle | HG Finance HG1501 Banking HG4001 Financial management. Business finance. Corporation finance. Adeyemi, Adewale Abideen Ismail, Nurul Aini Mohd Hassan, Siti Sabariah An empirical investigation of the determinants of cash Waqf awareness in Malaysia |
| title | An empirical investigation of the determinants of cash Waqf awareness in Malaysia |
| title_full | An empirical investigation of the determinants of cash Waqf awareness in Malaysia |
| title_fullStr | An empirical investigation of the determinants of cash Waqf awareness in Malaysia |
| title_full_unstemmed | An empirical investigation of the determinants of cash Waqf awareness in Malaysia |
| title_short | An empirical investigation of the determinants of cash Waqf awareness in Malaysia |
| title_sort | empirical investigation of the determinants of cash waqf awareness in malaysia |
| topic | HG Finance HG1501 Banking HG4001 Financial management. Business finance. Corporation finance. |
| url | http://irep.iium.edu.my/55146/ http://irep.iium.edu.my/55146/ http://irep.iium.edu.my/55146/1/55146_An%20Empirical%20Investigation.pdf http://irep.iium.edu.my/55146/2/55146_An%20Empirical%20Investigation_SCOPUS.pdf |