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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Main Authors:	Adeyemi, Adewale Abideen, Ismail, Nurul Aini, Mohd Hassan, Siti Sabariah
Format:	Article
Language:	English English
Published:	International Islamic University Malaysia 2016
Subjects:	HG Finance HG1501 Banking HG4001 Financial management. Business finance. Corporation finance.
Online Access:	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

id	iium-55146
recordtype	eprints
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
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG Finance HG1501 Banking HG4001 Financial management. Business finance. Corporation finance.
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
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.
format	Article
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
title	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_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_sort	empirical investigation of the determinants of cash waqf awareness in malaysia
publisher	International Islamic University Malaysia
publishDate	2016
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
first_indexed	2023-09-18T21:17:57Z
last_indexed	2023-09-18T21:17:57Z
_version_	1777411689417801728

An empirical investigation of the determinants of cash Waqf awareness in Malaysia

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