The Strategy of Sustainable Waqf Development and Investment from the Perpective of Shariah
The initiative towards enhancing the role of waqf as the main driving force for socioeconomic development of the ummah has received tremendous support from the Muslim community globally. Much effort has been concerted by various waqf stakeholders to strengthen the role of the waqf institution as...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academy of Islamic Studies, University of Malaya
2017
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/89849/1/89849_The%20Strategy%20of%20Sustainable%20Waqf%20Development%20and%20Investment%20from%20the%20Perpective%20of%20Shariah.pdf http://irep.iium.edu.my/89849/ http://jummec.um.edu.my/index.php/JS/article/view/4346 https://doi.org/10.22452/https://doi.org/10.22452/js.vol24no2.3 |
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| Summary: | The initiative towards enhancing the role of waqf as the main
driving force for socioeconomic development of the ummah
has received tremendous support from the Muslim community
globally. Much effort has been concerted by various waqf
stakeholders to strengthen the role of the waqf institution as a
socio-economic driving force which strives for the betterment of
the global Muslim community. Special focus has been given to
waqf development and investment agendas towards preserving
waqf assets particularly in generating stable income in order to
meet its objectives. Therefore, this study will explore the concept
of sustainable waqf development and investment from the Islamic
perspective and how strategic waqf development and investment
approach may be implemented in light of the Shariah. The data
used in this study was obtained from the literature review which was then analysed by using content and textual analysis technique.
The findings further underline the strategy of sustainable waqf
asset development and investment which should serve as a guide
for the waqf administrators in the realization of sustainable
development and investment in order to enhance the income of
waqf assets for the benefit and welfare of the ummah. |
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