Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]

Philanthropic crowdfunding or donation-based crowdfunding is one of the mediums that can be used by higher education institutions (IPT) to transform and empower students, faculty and staff by securing the funds for projects and initiatives that has been planned. Waqf and sadaqah are two instruments...

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Main Authors: Che Man, Norajila, P. Rameli, Mohd Faizal, Abd Wahab, Nor Azlina, Jaapar, Nurzahidah, Rabu, Noormala
Format: Article
Language:English
Published: Center for Islamic Philantrophy & Social Finance (CIPSF) 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/27234/
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author Che Man, Norajila
P. Rameli, Mohd Faizal
Abd Wahab, Nor Azlina
Jaapar, Nurzahidah
Rabu, Noormala
author_facet Che Man, Norajila
P. Rameli, Mohd Faizal
Abd Wahab, Nor Azlina
Jaapar, Nurzahidah
Rabu, Noormala
author_sort Che Man, Norajila
building UiTM Institutional Repository
collection Online Access
description Philanthropic crowdfunding or donation-based crowdfunding is one of the mediums that can be used by higher education institutions (IPT) to transform and empower students, faculty and staff by securing the funds for projects and initiatives that has been planned. Waqf and sadaqah are two instruments of philanthropic crowdfunding that commonly used in funding any activities or programs in IPT. Universiti Teknologi MARA Cawangan Melaka (UiTMCM) also engaged in crowdfunding practice to finance several projects that has been planned but being adjourned due to insufficient funds. On that notes, this paper investigates the practices of crowdfunding in higher education institutions specifically in UiTMCM. Also, this study examines challenges faced by these institutions that lead to the failure to fulfil the programs that have been planned. Data and information for this study are collected through a semi-structured interview method with four respondents in UiTMCM and reference to the primer and secondary documents. Content analysis method were used in analysing the data. The finding indicates that UiTMCM used Waqf as their instruments of crowdfunding. This instrument of crowdfunding has been proved in helping UITMCM to solve financial shortage without depends solely from the management funds. Furthermore, people are willing to donate for a good purpose.
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institution Universiti Teknologi MARA
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spelling uitm-272342020-12-30T05:15:06Z https://ir.uitm.edu.my/id/eprint/27234/ Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.] jipsf Che Man, Norajila P. Rameli, Mohd Faizal Abd Wahab, Nor Azlina Jaapar, Nurzahidah Rabu, Noormala Waqf. Awqāf. Charities. Endowments Melaka Universiti Teknologi MARA Philanthropic crowdfunding or donation-based crowdfunding is one of the mediums that can be used by higher education institutions (IPT) to transform and empower students, faculty and staff by securing the funds for projects and initiatives that has been planned. Waqf and sadaqah are two instruments of philanthropic crowdfunding that commonly used in funding any activities or programs in IPT. Universiti Teknologi MARA Cawangan Melaka (UiTMCM) also engaged in crowdfunding practice to finance several projects that has been planned but being adjourned due to insufficient funds. On that notes, this paper investigates the practices of crowdfunding in higher education institutions specifically in UiTMCM. Also, this study examines challenges faced by these institutions that lead to the failure to fulfil the programs that have been planned. Data and information for this study are collected through a semi-structured interview method with four respondents in UiTMCM and reference to the primer and secondary documents. Content analysis method were used in analysing the data. The finding indicates that UiTMCM used Waqf as their instruments of crowdfunding. This instrument of crowdfunding has been proved in helping UITMCM to solve financial shortage without depends solely from the management funds. Furthermore, people are willing to donate for a good purpose. Center for Islamic Philantrophy & Social Finance (CIPSF) 2019-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/27234/1/AJ_NORAJILA%20CHE%20MAN%20ACIS%20M%2019.pdf Che Man, Norajila and P. Rameli, Mohd Faizal and Abd Wahab, Nor Azlina and Jaapar, Nurzahidah and Rabu, Noormala (2019) Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]. (2019) Journal of Islamic Philanthropy & Social Finance (JIPSF) <https://ir.uitm.edu.my/view/publication/Journal_of_Islamic_Philanthropy_=26_Social_Finance_=28JIPSF=29.html>, 2 (1). pp. 1-18. ISSN 2590-3942 http://www.cipsf.my/
spellingShingle Waqf. Awqāf. Charities. Endowments
Melaka
Universiti Teknologi MARA
Che Man, Norajila
P. Rameli, Mohd Faizal
Abd Wahab, Nor Azlina
Jaapar, Nurzahidah
Rabu, Noormala
Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]
title Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]
title_full Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]
title_fullStr Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]
title_full_unstemmed Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]
title_short Crowdfunding practices in higher education institutions in Malaysia: the case of Universiti Teknologi MARA Cawangan Melaka (UiTMCM)/ Norajila Che Man… [et al.]
title_sort crowdfunding practices in higher education institutions in malaysia: the case of universiti teknologi mara cawangan melaka (uitmcm)/ norajila che man… [et al.]
topic Waqf. Awqāf. Charities. Endowments
Melaka
Universiti Teknologi MARA
url https://ir.uitm.edu.my/id/eprint/27234/
https://ir.uitm.edu.my/id/eprint/27234/