Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia

Financial reporting is an essential document to reflect the financial strength and capability of organizations. As a public place of worship, mosques or masajid in Malaysia are fully governed by State Religious Departments. Any activity requires written consent from the State Religious Authority inc...

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Main Authors: Mhd. Sarif, Suhaimi, Zakariyah, Luqman, Mohd Noor, Azman
Format: Article
Language:English
Published: Islamic Cultural Centre & The London Central Mosque 2018
Subjects:
Online Access:http://irep.iium.edu.my/68026/
http://irep.iium.edu.my/68026/18/68026%20Financial%20Reporting%20in%20Tabung%20Masjid%20Management.pdf
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author Mhd. Sarif, Suhaimi
Zakariyah, Luqman
Mohd Noor, Azman
author_facet Mhd. Sarif, Suhaimi
Zakariyah, Luqman
Mohd Noor, Azman
author_sort Mhd. Sarif, Suhaimi
building IIUM Repository
collection Online Access
description Financial reporting is an essential document to reflect the financial strength and capability of organizations. As a public place of worship, mosques or masajid in Malaysia are fully governed by State Religious Departments. Any activity requires written consent from the State Religious Authority including Tabung Masjid. Tabung Masjid Management of mosques is regulated by state religious administration law. Conventional approach is expected which make the idea would will remain as an idea only. The study argues that the compliance approach is necessary at the operations level but not at the corporate level. A case study method on a few selected mosques found that the finance committee has no choice but to abide by the regulation. In the meantime to use innovative way through specific fund raising to address social issues. The study recommends the Tabung Masjid management to be use creative way of increasing the value of the fund within the Shariah compliant spirit.
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institution International Islamic University Malaysia
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publishDate 2018
publisher Islamic Cultural Centre & The London Central Mosque
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spelling iium-680262018-12-06T02:33:27Z http://irep.iium.edu.my/68026/ Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia Mhd. Sarif, Suhaimi Zakariyah, Luqman Mohd Noor, Azman HF5387 Business ethics Financial reporting is an essential document to reflect the financial strength and capability of organizations. As a public place of worship, mosques or masajid in Malaysia are fully governed by State Religious Departments. Any activity requires written consent from the State Religious Authority including Tabung Masjid. Tabung Masjid Management of mosques is regulated by state religious administration law. Conventional approach is expected which make the idea would will remain as an idea only. The study argues that the compliance approach is necessary at the operations level but not at the corporate level. A case study method on a few selected mosques found that the finance committee has no choice but to abide by the regulation. In the meantime to use innovative way through specific fund raising to address social issues. The study recommends the Tabung Masjid management to be use creative way of increasing the value of the fund within the Shariah compliant spirit. Islamic Cultural Centre & The London Central Mosque 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/68026/18/68026%20Financial%20Reporting%20in%20Tabung%20Masjid%20Management.pdf Mhd. Sarif, Suhaimi and Zakariyah, Luqman and Mohd Noor, Azman (2018) Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia. The Islamic Quarterly Journal of Islamic Perspectives, 62 (1 (Special Volumes)). pp. 103-123. ISSN 0021-1842 http://www.iccuk.org/page.php?section=media&page=iq
spellingShingle HF5387 Business ethics
Mhd. Sarif, Suhaimi
Zakariyah, Luqman
Mohd Noor, Azman
Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia
title Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia
title_full Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia
title_fullStr Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia
title_full_unstemmed Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia
title_short Financial reporting in tabung masjid management driven by Maqasid Al-Shariah in Malaysia
title_sort financial reporting in tabung masjid management driven by maqasid al-shariah in malaysia
topic HF5387 Business ethics
url http://irep.iium.edu.my/68026/
http://irep.iium.edu.my/68026/
http://irep.iium.edu.my/68026/18/68026%20Financial%20Reporting%20in%20Tabung%20Masjid%20Management.pdf