Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore

The main focus of this paper is to examine the corporate management models of selected waqaf entities in Malaysia and Singapore. The waqaf entities involved in this study include two corporate waqaf institutions namely Kumpulan Waqaf An-Nur Berhad and IIUM Endowment Fund and one corporate waqaf inst...

Full description

Bibliographic Details
Main Authors:	Md Saad, Norma, Kassim, Salina, Hamid, Zarinah
Format:	Article
Language:	English
Published:	Asian Economic and Social Society 2013
Subjects:	H10 Societies HG4301 Trust services
Online Access:	http://irep.iium.edu.my/30399/ http://irep.iium.edu.my/30399/ http://irep.iium.edu.my/30399/1/Asian_Economic_and_Financial_Review_2013_3%286%29%2C_736-748.pdf

id	iium-30399
recordtype	eprints
spelling	iium-303992014-07-21T01:19:16Z http://irep.iium.edu.my/30399/ Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore Md Saad, Norma Kassim, Salina Hamid, Zarinah H10 Societies HG4301 Trust services The main focus of this paper is to examine the corporate management models of selected waqaf entities in Malaysia and Singapore. The waqaf entities involved in this study include two corporate waqaf institutions namely Kumpulan Waqaf An-Nur Berhad and IIUM Endowment Fund and one corporate waqaf institution in Singapore namely Warees Private Limited, Majlis Ugama Islam Singapore. It also analyzes how these waqaf entities finance the development of their waqaf property, especially land. Such a comparison is necessary considering the diverse experiences of these selected corporate waqaf entities in view of the differences in their endowments and different corporate management models. The paper concludes that these three corporate waqaf entities have adopted a more structured approach in financing the development of their waqaf properties and experimenting new ways of managing and investing waqaf assets. They have created opportunities for the improvement of waqaf institutions and revitalize the potentials of these waqaf assets to yield greater benefits to the society. Asian Economic and Social Society 2013-06 Article PeerReviewed application/pdf en http://irep.iium.edu.my/30399/1/Asian_Economic_and_Financial_Review_2013_3%286%29%2C_736-748.pdf Md Saad, Norma and Kassim, Salina and Hamid, Zarinah (2013) Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore. Asian Economic and Financial Review, 3 (6). pp. 736-748. ISSN 2305-2147 http://www.aessweb.com/abstract.php?m=June2013&id=5002&aid=1913
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	H10 Societies HG4301 Trust services
spellingShingle	H10 Societies HG4301 Trust services Md Saad, Norma Kassim, Salina Hamid, Zarinah Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore
description	The main focus of this paper is to examine the corporate management models of selected waqaf entities in Malaysia and Singapore. The waqaf entities involved in this study include two corporate waqaf institutions namely Kumpulan Waqaf An-Nur Berhad and IIUM Endowment Fund and one corporate waqaf institution in Singapore namely Warees Private Limited, Majlis Ugama Islam Singapore. It also analyzes how these waqaf entities finance the development of their waqaf property, especially land. Such a comparison is necessary considering the diverse experiences of these selected corporate waqaf entities in view of the differences in their endowments and different corporate management models. The paper concludes that these three corporate waqaf entities have adopted a more structured approach in financing the development of their waqaf properties and experimenting new ways of managing and investing waqaf assets. They have created opportunities for the improvement of waqaf institutions and revitalize the potentials of these waqaf assets to yield greater benefits to the society.
format	Article
author	Md Saad, Norma Kassim, Salina Hamid, Zarinah
author_facet	Md Saad, Norma Kassim, Salina Hamid, Zarinah
author_sort	Md Saad, Norma
title	Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore
title_short	Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore
title_full	Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore
title_fullStr	Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore
title_full_unstemmed	Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore
title_sort	involvement of corporate entities in waqaf management: experiences of malaysia and singapore
publisher	Asian Economic and Social Society
publishDate	2013
url	http://irep.iium.edu.my/30399/ http://irep.iium.edu.my/30399/ http://irep.iium.edu.my/30399/1/Asian_Economic_and_Financial_Review_2013_3%286%29%2C_736-748.pdf
first_indexed	2023-09-18T20:44:33Z
last_indexed	2023-09-18T20:44:33Z
_version_	1777409587309182976

Involvement of corporate entities in Waqaf management: experiences of Malaysia and Singapore

Similar Items