Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia

In the modern era Waqf concept has become more sophisticated and comprehensive and through it, many financial products and social programs were developed, for instance, Cash waqf and some securities paper such as shares-waqf, Sukuk-waqf, etc. Therefore, Cash waqf can also be used in microenterprises...

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Main Authors:	Abdul Razak, Dzuljastri, Fodol, Mohamed Zakaria, AIi, Ahmad Burhan, Ahmed, Abdilahi Jama
Format:	Conference or Workshop Item
Language:	English English
Published:	2018
Subjects:	BP173.75 Islam and economics HB126.4 Islamic Economics HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/65909/ http://irep.iium.edu.my/65909/ http://irep.iium.edu.my/65909/1/2nd%20-%20CW%20for%20Microenterprises%20ADAM%20ACademy%20%28for%20submition%29.pdf http://irep.iium.edu.my/65909/2/izu%20scan.pdf

id	iium-65909
recordtype	eprints
spelling	iium-659092018-09-27T02:49:16Z http://irep.iium.edu.my/65909/ Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia Abdul Razak, Dzuljastri Fodol, Mohamed Zakaria AIi, Ahmad Burhan Ahmed, Abdilahi Jama BP173.75 Islam and economics HB126.4 Islamic Economics HG3368 Islamic Banking and Finance In the modern era Waqf concept has become more sophisticated and comprehensive and through it, many financial products and social programs were developed, for instance, Cash waqf and some securities paper such as shares-waqf, Sukuk-waqf, etc. Therefore, Cash waqf can also be used in microenterprises to efficiently channel funds (interest free-funds) to microenterprises to alleviate poverty and decrease the unemployment. Recently, several products for Cash waqf in microenterprises have been established, but they could not reach their targets, they need a significant contribution from Muslims in the society. Thus, lacuna exists to assess the intention of donners towards Cash waqf for Microenterprises empirically. Therefore, the paper aims to determine factors influencing intention to endow Cash waqf for Microenterprises based on four variables namely, concept of Cash waqf, trust, religiosity motivation, and social culture. The method was carried out the by survey of 200 respondents in Kuala Lumpur, Malaysia. Factor analysis, multiple regression, was used to estimate the relationship between variables. The result indicated that concept of Cash waqf, trust, and social culture have a significant relationship with the intention to endow CWME. Hence, practitioners can emphasize on the three factors in their marketing efforts to promote CWME. The academicians may benefit by conducting more research in this elegance frame of knowledge. 2018-07-14 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/65909/1/2nd%20-%20CW%20for%20Microenterprises%20ADAM%20ACademy%20%28for%20submition%29.pdf application/pdf en http://irep.iium.edu.my/65909/2/izu%20scan.pdf Abdul Razak, Dzuljastri and Fodol, Mohamed Zakaria and AIi, Ahmad Burhan and Ahmed, Abdilahi Jama (2018) Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia. In: 1st International Waqf Institution Symposium 2018, 14th-15th July 2018, Istanbul. (Unpublished) https://www.izu.edu.tr/etkinlikler/2018/07/14/default-calendar/adam-1.-uluslararas%C4%B1-vak%C4%B1f-kurumu-sempozyumu-(vak%C4%B1f-ve-s%C3%BCrd%C3%BCr%C3%BClebilir-kalk%C4%B1nma)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	BP173.75 Islam and economics HB126.4 Islamic Economics HG3368 Islamic Banking and Finance
spellingShingle	BP173.75 Islam and economics HB126.4 Islamic Economics HG3368 Islamic Banking and Finance Abdul Razak, Dzuljastri Fodol, Mohamed Zakaria AIi, Ahmad Burhan Ahmed, Abdilahi Jama Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia
description	In the modern era Waqf concept has become more sophisticated and comprehensive and through it, many financial products and social programs were developed, for instance, Cash waqf and some securities paper such as shares-waqf, Sukuk-waqf, etc. Therefore, Cash waqf can also be used in microenterprises to efficiently channel funds (interest free-funds) to microenterprises to alleviate poverty and decrease the unemployment. Recently, several products for Cash waqf in microenterprises have been established, but they could not reach their targets, they need a significant contribution from Muslims in the society. Thus, lacuna exists to assess the intention of donners towards Cash waqf for Microenterprises empirically. Therefore, the paper aims to determine factors influencing intention to endow Cash waqf for Microenterprises based on four variables namely, concept of Cash waqf, trust, religiosity motivation, and social culture. The method was carried out the by survey of 200 respondents in Kuala Lumpur, Malaysia. Factor analysis, multiple regression, was used to estimate the relationship between variables. The result indicated that concept of Cash waqf, trust, and social culture have a significant relationship with the intention to endow CWME. Hence, practitioners can emphasize on the three factors in their marketing efforts to promote CWME. The academicians may benefit by conducting more research in this elegance frame of knowledge.
format	Conference or Workshop Item
author	Abdul Razak, Dzuljastri Fodol, Mohamed Zakaria AIi, Ahmad Burhan Ahmed, Abdilahi Jama
author_facet	Abdul Razak, Dzuljastri Fodol, Mohamed Zakaria AIi, Ahmad Burhan Ahmed, Abdilahi Jama
author_sort	Abdul Razak, Dzuljastri
title	Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia
title_short	Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia
title_full	Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia
title_fullStr	Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia
title_full_unstemmed	Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia
title_sort	factors that determine donors intention to endow cash waqf for microenterprises in malaysia
publishDate	2018
url	http://irep.iium.edu.my/65909/ http://irep.iium.edu.my/65909/ http://irep.iium.edu.my/65909/1/2nd%20-%20CW%20for%20Microenterprises%20ADAM%20ACademy%20%28for%20submition%29.pdf http://irep.iium.edu.my/65909/2/izu%20scan.pdf
first_indexed	2023-09-18T21:33:31Z
last_indexed	2023-09-18T21:33:31Z
_version_	1777412668278177792

Factors that determine donors intention to endow cash waqf for microenterprises in Malaysia

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