Empowering Educational Waqf : Development and Prospects for Private Higher Education Institutions
DOI:
https://doi.org/10.24256/kharaj.v3i2.2421Keywords:
Educational Waqf, endowment, higher educationAbstract
This article seeks to reinstate the concept of educational waqf in recognition of student-related financial difficulties, especially during the era of the covid-19 pandemic. Malaysia and Indonesia promote higher education among their muslim communities. However, issues of sustainability in private higher education will require some effort in the related muslim communities for the empowerment of the educational waqf for future generations. These efforts will benefit not just the students, but also the institutions of education themselves to enhance the national civilization of one country. Al-Azhar University is an example of an institution founded on waqf property, and a symbol as the world's primary and most successful Islamic higher education system due to waqf contributions. Higher education facilities are costly to operate since they need the development of permanent infrastructures such as mosques, academic and administrative buildings, dormitories, and libraries. Additionally, both physical infrastructure maintenance and human skill development need considerable financial commitment. As a result of this reality, this article contributes to a better understanding of the role of educational waqf for institutions of higher learning, particularly private universities or colleges as well as the prospects and sustainability of the institutions for the muslim community.
References
Abllah, N. (2019). Pentadbiran wakaf ke arah digital, FinTech. Berita Harian. https://www.bharian.com.my/bisnes/lain-lain/2019/07/584207/pentadbiran-wakaf-ke-arah-digital-fintech
Akhunov, A. M. (2015). Issue of Waqf in the Context of Establishment of Muslim Institutions in the Post-Soviet Tatarstan. Journal of Sustainable Development, 8(5), 157–163.
Bernama. (2016). Public universities to increase waqf funds: Idris Jusoh. The Sundaily. https://www.thesundaily.my/archive/2010097-ITARCH402585
Cizakca, M. (1998). Awqaf In History And Its Implications For Modern Islamic Economies. Islamic Economic Studies, Vol. 6, No. 1.
Hamid, Z.A. (2019). Revisiting Education For Sustainable Development. New Straits Times. https://www.nst.com.my/opinion/columnists/2019/06/493960/revisiting-education-sustainable-development
Hussin, R., Rashid, A. R., & Yaakub, N.I., (2016). An exploratory study on waqf implementation in Malaysian public and private universities: with special reference to Turkish universities. International Journal of Business, Economics, and Law, 9 (4), 2289-1552.
Ismail, A. (2013). Islamic Inheritance Planning 101. IBFIM.
JAWHAR. (2018). Panduan Pengurusan Wakaf: Institusi Pendidikan. JAWHAR.
Mahamood, S.M., & Rahman, A.A. (2015). Financing universities through waqf, pious endowment: is it possible?, Humanomics, Vol. 31 Iss 4 pp. 430 – 453.
Ministry of Higher Education Malaysia. (2017). Enhancing University Income Generation, Endowment & Waqf. https://www.mohe.gov.my
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. In line with the license, authors are allowed to share and adapt the material. In addition, the material must be given appropriate credit, provided with a link to the license, and indicated if changes were made. If authors remix, transform or build upon the material, authors must distribute their contributions under the same license as the original.