Browsing by Author "Asmaddy Haris"
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Publication Challenges And Opportunities Of Implementing Mass Production Scale (MPS) At Date Farms In Malaysia(Universitas Gadjah Mada, 2020) ;Asmaddy Haris ;Aimi Fadzirul Kamarubahrin ;Siti Nurazira Mohd Daud ;Zurina Kefeli@ Zulkefli ;Nursilah Ahmad ;Nurul Aini MuhamedSyadiyah Abdul ShukorThe study aimed to review the challenges and opportunities of mass productivity scale (MPS) for the dates (Phoenix dactylifera L.) farm in Malaysia. The review on site and document was done to drill the issues faced by dates palm farmers. The common issues affecting dates farm in Malaysia were pest attack, import permit, lack of expertise, and climate and soil requirements. In a united response, the government should form the National Dates Palm Centre (NDPC) which will explore opportunities to address issues faced by the dates palm sector in Malaysia. - Some of the metrics are blocked by yourconsent settings
Publication Changes in relative demand for labour in Malaysia using a decomposition approach(2008) ;Said R. ;McNabb R. ;Asmaddy Haris ;Faculty of Economics and Muamalat ;Universiti Putra Malaysia (UPM) ;Cardiff UniversityUniversiti Sains Islam Malaysia (USIM)This paper is concerned with the two main causes of wage differentials in the Malaysian labour market during the period 1984-1997. These are the impact of changes in trade patterns and technological change. The paper has employed set of data comprises micro-level data from the Household Income Survey (HIS) for several years during the period 1984 to 1997. The main finding of this paper is that changes in the relative demand for labour favour middle level of education (secondary levels of education) workers and that technological change is the main explanation for the changing pattern of employment in the Malaysian economy. The paper finds that changes in the pattern of trade have had only small effects in explaining the changes in the relative demand for labour. - Some of the metrics are blocked by yourconsent settings
Publication Consumers’ intention to purchase dates: Application of theory of reasoned action (TRA)(Malaysian Consumer and Family Economics Association, 2017) ;Asmaddy Haris ;Zulkefli, Zurina Kefeli ;Ahmad, Nursilah ;Daud, Siti Nurazira Mohd ;Muhamed, Nurul Aini ;Shukor, Syadiyah Abdul ;Kamarubahrin, Aimi Fadzirul ;Faculty of Economics and MuamalatUniversiti Sains Islam Malaysia (USIM)For years, dates are known for its numerous health advantages in both modern and traditional medicinal articles. Apart from its benefits, hypothetically, the consumption of dates is increasing due to the rising income level caused by economic growth. On that note, this paper investigates the role of attitude and subjective norms in determining consumers’ intention to purchase dates. Also, this study examines the role of demographic variables as moderating factors. Using purposive sampling method, a total number of 1,354 completed survey questionnaires were collected from eight (8) selected states in Malaysia. Descriptive analysis, Exploratory Factor Analysis (EFA) and Structural Equation Modeling (SEM) were performed. The results indicate that attitude and subjective norms influence consumers’ intention in purchasing while consumers’ marital status and income moderate the relationship between attitude, subjective norms and consumers’ intention. Findings from this study is useful for policymakers in encouraging and promoting daily consumption of dates as a food commodity in Malaysia. - Some of the metrics are blocked by yourconsent settings
Publication Dates Consumption in Malaysia(Universiti Sains Islam Malaysia, 2019) ;Asmaddy Haris ;Aimi Fadzirul Kamarubahrin ;Nurul Aini Muhamed ;Nursilah Ahmad ;Siti Nurazira Mohd Daud ;Zurina Kefeli ;Syadiyah Abdul ShukorAbu Hassan Makmun Abdul QadirThe aim of this study is to analyse and identify date consumption patterns by region in Malaysia. In addition, this study also will identify demand on dates in Malaysia. Currently, there is a lack of study on prophetic food, especially in Malaysia. The data were collected through survey questionnaires. The sample size of this study was 1739 respondents from various socioeconomic backgrounds, profession, and level of education. The survey was conducted in several states in Peninsular Malaysia in June 2015. Descriptive statistics and crosstab have been used to find the results. The findings showed that Selangor had the most date consumers. The reason is that Selangor is an urban state, and the level of income of respondents from this state is higher compared to other states. Moreover, the level of education and awareness among respondents in Selangor are better compared to other states. This study also showed that people tend to consume dates not only because of religion but also because of health factors. Findings of the study can be used to formulate and develop a systematic supply chain in the dates market. - Some of the metrics are blocked by yourconsent settings
Publication Dates Palm Farming in Malaysia: Current Challenges and Future Baraqah(USIM Press, 2018) ;Aimi Fadzirul Kamarubahrin ;Muhammad Iqmal Hisham Kamaruddin ;Asmaddy Haris ;Siti Nurazira Mohd Daud ;Zurina Kefeli @ Zulkefli ;Nursilah Ahmad ;Syadiyah Abdul ShukorNurul Aini MuhamedThis chapter aims to provide an overview of the dates palm farming in Malaysia. Besides, this paper also discussed on issues and challenges, prospect and future “baraqah” for dates palm farming sector in Malaysia. As new farming sector in Malaysia, facts sheets and general farming information are readily available and easily accessible to dates palm farmer. However, as the sector is rapidly growing, the lack of research in dates palm farming, production and prospect in Malaysia could represents a serious limitation to the long term viability of the sector. As results, several important issues and challenges for dates palm farming in Malaysia are derived such as dependency of imported dates, insect pest attack, climate and lack of expertise in dates palm farming. Besides, several prospects and future ‘baraqah’ for dates palm farming in Malaysia such as fulfilling local consumption trends, cultivation nature, dates palm health and disease, establishment of the National Dates Palm Centre and Waqf dates palm are proposed. - Some of the metrics are blocked by yourconsent settings
Publication Does Investment, Zakat, Infak And Shadaqah And Inflation Infuence The Economic Growth?: Evidence From Indonesia(Institut Agama Islam (IAI) Al-Qolam, 2022) ;Andi Triyawan ;Siska Arie Novita ;Nursilah Ahmad ;Asmaddy HarisNoradilah Abdul HadiEconomic growth is a measure of the success of economic development of the country, thus realizing the economy well be the main goal. Several variables such as the level of investment, ZIS, and inflation are used in this study. The purpose of this study is to examine the influence and relationship of investment, ZIS, and inflation on economic growth in Indonesia. This research method using a quantitative approach. The Data used is secondary data in the form of time series. This research method using a quantitative approach. The method of analysis using the model of Vector Autoregression (VAR), followed by the model Vector Error Correction Model (VECM), if there is cointegration. Data testing is done with the help of software Eviews 7 and Microsoft Excel 2010. The results of the study found that the variable ZIS and inflation have an effect on long-term GDP. Variable mutual funds conventional and sharia does not affect the long-term GDP. Variable mutual fund conventional, Islamic mutual funds, ZIS, and inflation does not influence short-term economic growth. GDP responds positively to shocks that occur in a mutual fund conventional, sharia mutual funds, and ZIS. GDP responds negatively to the shock on inflation. Variable inflation gives the largest contribution to GDP, then mutual funds conventional and ZIS as well as the last sharia mutual funds. - Some of the metrics are blocked by yourconsent settings
Publication A Drivers Of Islamic Bond Liquidity In Malaysia: Latent Liquidity Approach(Canadian Center of Science and Education, 2018) ;Rusmawati Said ;Wan Nurhanan Wan Suhaimi ;Norhuda Abd RahimAsmaddy HarisA steady liquidity level is an importance characteristic of a financial market, especially after the 2008 financial crisis. The Islamic financial market was virtually isolated from the crisis. It is interesting to explore the underlying determinants that stabilise a market’s liquidity level. This paper studies the determinants of a Sukuk’s liquidity level in the Malaysian bond marketusing a new liquidity measure known as latent liquidity. The measure does not require transaction data, which makes it applicable to an illiquid market such as the Malaysian bond market. Utilising data from the Malaysian bond market, the paper involves two steps of data analyses, namely an insight into the trend and the liquidity level of the Sukuk market. It then continues to investigate the driver of Sukuk’s liquidity using the latent liquidity as a proxy against five Sukuk characteristics in a random effect regression model. Four variables issuance amount, maturity, coupon rate, and age are found to be significant drivers of Sukuk’s liquidity level. Conclusions drawn from the regression results indicate Sukuk’s investors’ preference in matching long term Sukuk with their long term liabilities, in addition to their fondness for keeping their Sukuk to amortise the return. - Some of the metrics are blocked by yourconsent settings
Publication The Effects of the Introduction Syariah Index To the Bursa Malaysia Stock Index and Bursa Malaysia Stock Index Futures(Universiti Sains Islam Malaysia, 2008) ;Ahmad, I. ;Abdul Rahim, F. ;Pyeman, J.Asmaddy HarisThis study tries to investigate the effect of introduction of Syariah Index to the price relationships and volatility transmissions between the Bursa Malaysia stock Index and Bursa Malaysia Stock Index Futures. In addition, it also tries to find the relationships between Bursa Malaysia Stock Index, Bursa Malaysia Stock Index Futures and Syariah Index. Vector Autoregression (VAR) GJR-GARCH model was applied to nine years daily price of the variables investigated. The results present evidence that the introduction of Syariah Index has changed the price relationships and volatility transmissions between the spot and futures markets in Malaysia. Furthermore, the findings of this study show that the there are feedback effects in the price relationships between the investigated. The findings also suggest that Bursa Malaysia Stock Index is the main information producer in predicting and analyzing the volatility of Bursa Malaysia Stock Index Futures and Syariah Index. Finally, the overall conditional correlation estimates between the three variables investigated are higher in the unrestricted model form compared to the restricted model form. - Some of the metrics are blocked by yourconsent settings
Publication Exploring The Motive Of Muslim Consumers' Intention Toward Goats' Milk Purchasing In Malaysia: A Focus Group Interview(Faculty of Islamic Economics and Business, IAIN Salatiga, 2019) ;Aimi Fadzirul Kamarubahrin ;Asmaddy Haris ;Syadiyah Abdul ShukorJamal Abdul Nassir ShaariThis study aims to conceptualize the motive of Muslim consumers’ intention toward goat’s milk purchasing in Malaysia. Two focus group discussion sessions involving 10 existing Muslim consumers’ who are purchased goat’s milk were conducted. Preliminary findings from this qualitative study showed that health and price played a significant role in Muslim consumers’ intention toward purchasing goat’s milk. Other three motives of Muslim consumers’ intention toward purchasing goat’s milk is taste, religiosity and nutritious. Recommendation for future studies is provided at the end of the paper. - Some of the metrics are blocked by yourconsent settings
Publication Faktor Belia Tidak Bekerja Dari Perspektif NEET(Institut Penyelidikan Pembangunan Belia Malaysia, 2016) ;Rusmawati Said ;Zulkarnain Yusop ;Azmawani Abdul Rahman ;Yuhanis Abd Aziz ;Asmaddy HarisMohd Rizal Mohd ShamBelia adalah golongan yang perlu perhatian khusus kerana mereka adalah modal insan yang masih berada pada umur produktif untuk bekerja. Oleh itu, belia NEET- (Not in Employment, Education or Training) atau tidak dalam pekerjaan, pendidikan atau latihan dilihat sebagai trend yang perlu dielakkan kerana ia boleh membawa kepada kesan negatif dalam meningkatkan ekonomi negara. Kajian ini menggunakan pendekatan kualitatif di mana data dikumpulkan menggunakan kaedah perbincangan dalam kumpulan dan juga temu ramah bersama agensi yang telah dipilih. Dapatan kajian ini telah mengenal pasti beberapa faktor utama yang menyebabkan belia berada dalam golongan NEET iaitu seperti faktor peribadi, faktor tempat kerja dan faktor keluarga. Kajian juga mendapati bahawa pendidikan juga menyebabkan mereka keciciran daripada segi pekerjaan. Di akhir kajian ini beberapa syor diberikan untuk mengekang trend belia NEET di Malaysia. - Some of the metrics are blocked by yourconsent settings
Publication Fatwa-Fatwa Berkaitan Pengurusan Ekonomi dan Kewangan Masjid(Universiti Sains Islam Malaysia, 2014) ;Asharaf Mohd. Ramli ;Abdullaah Jalil ;Norman Hamdan ;Asmaddy HarisMohd. Aizuddin Abd. AzizPengurusan dan pentadbiran masjid di Malaysia adalah terletak di bawah bidang kuasa Majlis Agama Islam Negeri-Negeri (MAIN). Manakala pengurusan dan pentadbiran ekonomi dan kewangan masjid- masjid diurus oleh ahli jawankuasa masjid di bawah seliaan MAIN. Terdapat masjid-masjid yang mempunyai sumber ekonomi yang kukuh yang dijana oleh hasil aset-aset wakaf seperti tanah, bangunan dan peralatan yang disewakan selain kutipan tabung-tabung khas dan am seperti tabung hari Jumaat. Namun di dalam menguruskan dana-dana masjid yang adakalanya mencecah ratusan ribu ringgit, tidak terdapat garis panduan khas Shariah untuk diikuti oleh pihak pentadbiran masjid. Ini telah menyebabkan terdapat dana-dana masjid yang bernilai tinggi beku tidak dijana dengan sebaiknya. Justeru, objektif utama kajian ini ialah untuk menganalisa fatwa-fatwa yang dikeluarkan oleh badan- badan fatwa samada di dalam (Malaysia) dan luar negara (Brunei) tentang perkara-perkara yang berkaitan dengan pengurusan pendapatan dan perbelanjaan dana-dana masjid. Dengan adanya garis panduan tersebut akan memudahkan pihak pengurusan masjid mentadbir dan mengurus dana-dana yang diperolehi. Artikel ini adalah sebahagian dari hasil penyelidikan yang dijalankan berkaitan pengurusan ekonomi dan kewangan masjid-masjid di Daerah Hulu Langat, Selangor. - Some of the metrics are blocked by yourconsent settings
Publication Federal Government Debt And Private Consumption: The Malaysian Experience(UNIV LAGOS, 2015)Asmaddy Haris - Some of the metrics are blocked by yourconsent settings
Publication Housing Inflation: Policy Guidelines from Shariah Perspective(Universiti Sains Islam Malaysia, 2019) ;Azrul Azlan Iskandar Mirza ;Asmaddy Haris ;Ainulashikin Marzuki ;Ummi Salwa Ahmad Bustamam ;Hamdi Hakeim MudasirSiti Nurazira Mohd DaudThe soaring housing prices in Malaysia is not a recent issue. It is a global phenomenon especially in developing and developed countries, driven by factors including land price, location, construction materials cost, demand, and speculation. This issue demands immediate attention as it affects the younger generation, most of whom could not afford to buy their own house. The government has taken many initiatives and introduced regulations to ensure that housing prices are within the affordable range. This article aims to introduce a housing price control element from the Shariah perspective, as an alternative solution for all parties involved in this issue. It adopts content analysis methodology on policy from Shariah approved sources. - Some of the metrics are blocked by yourconsent settings
Publication The Implementation of Productive Waqf in Pesantren Gontor(Fakulti Ekonomi dan Muamalat, Universiti Sains Islam Malaysia, 2022) ;Andi Triyawan ;Nursilah Ahmad ;Asmaddy HarisNoradilah Abdul HadiThis paper discusses productive waqf and the uniqueness of the application of productive waqf management in a pesantren (Islamic boarding school). Furthermore, the standardisation of the law used in the implementation of the productive waqf, which includes al-Qur'an, Hadits, fiqh rules, and aqwal al-'ulama, must be examined in order to reach a conclusion on the implementation status. There are many unique things to analyze in the implementation, such as the use of the institution fund, which is oriented to develop cash waqf, and the exictence of the waqf board, which becomes the highest decision maker. Because all of the pesantren's assets become waqf property, the highest leader is no longer on the foundation but on the waqf board. - Some of the metrics are blocked by yourconsent settings
Publication Influencing Of Policy Challenges Of Urban Agriculture And Economic Viability On Urban Agriculture In Libya(Zes Rokman Resources, 2017) ;Ali Salih Omar MohamedAsmaddy HarisUrban agriculture is believed to meet this urgency and suitable for a nation that is still unstable economically and politically like Libya. A recent and growing body of literature documents the importance of agricultural production in the urban settings commonly called "urban agriculture" (UA), in affecting urban dwellers behaviour and agriculture policy makers. Urban agriculture is not about producing green vegetables only but also involving a complete process to the end users, thus it is creating job opportunities for any disadvantaged groups. This study investigates the relationship between Policy Challenges of Urban Agriculture, Economic Viability and urban agriculture to explain food security in Benghazi region in Libyan using survey of demographic factors such as population and population income. . The results of the study indicated that policy challenge of urban agriculture and economic viability of urban agriculture had a signficant and positive effect on urban agriculture among urban people in doing agriculture in Libya. Furthermore, economic viability of urban agriculture had a signficant and positive impact on urban agriculture. - Some of the metrics are blocked by yourconsent settings
Publication Kampong Cooperative Development And Sustainability From MIZAN Principles: A Case Study At Negeri Sembilan(Co-operative Institute of Malaysia, 2019) ;Ummi Salwa Ahmad Bustamam ;Nuradli Ridzwan Shah Mohd Dali ;Nur Ainna Ramli ;Nur Shuhada Kamarudin ;Khatijah Othman ;Zulhamizan IsmailAsmaddy HarisThe world’s co-operative movement shows that co-operative continue to grow across the globe. In the Malaysian context, neo-endogenous development model has been a focus of many studies on future rural development policies for the 21st century wherein the supporting role of cooperatives may be acknowledged especially in terms of enhancing local capacity and establishing internal and external network. In Malaysia, transformative rural development embodying the characteristics of neoendogenous development model is embedded in several policies such as the Government Transformation Plan, Economic Transformation Plan and Rural Transformation Plan. However, the role of cooperatives in supporting neo-endogenous model through Sustainable Rural Development (SRD) is constrained by the limited involvement of households as cooperative members. Exploration into the potential of cooperative entrepreneurship is not an aberration. Throughout the world, thousands of cooperatives producing goods and services for the market and also providing social condition and job opportunities. Realizing the advantages of cooperative for community development especially in the village or kampong, this research seeks to understand the kampong cooperatives development and sustainability from the mizan principles. The word mizan in Arabic comes from the word wazana means balance and consistency, scales or measurement of an object. On the other view, mizan is a tool that shows the value of the scales or measurement of a thing measured or weighed. Mizan principles are al-ubudiyyah, as-syura, al-hurriyah and al-musawah. Those principles are important as guidelines in the process of kampong cooperative development and sustainability. Utilizing upon a qualitative research, a case study of three kampung cooperatives in Negeri Sembilan have been explored. Focus group interviews were conducted with the cooperative members, kampong development and security committee members (JKKK) and the villagers. It is found that all of four mizan principles have been utilized without realizing the importance of those principles due to knowledge lacking. The study also found that there are several issues that need to be addressed. - Some of the metrics are blocked by yourconsent settings
Publication Keperluan Fatwa Pelaburan Dana Masjid Bagi Kelestarian Fungsi Serta Peranan Masjid: Satu Analisa(Universiti Sains Islam Malaysia, 2020-10-15) ;Asharaf Mohd. Ramli ;Abdullaah Jalil ;Norman Hamdan ;Asmaddy HarisMohd Aizuddin Abd. AzizPada masakini terdapat 6,368 buah masjid dan 17,640 surau di seluruh Malaysia yang secara langsung menunjukkan potensi besar yang dimiliki oleh kedua-dua institusi ini di dalam pembangunan ekonomi khususnya bagi masyarakat Islam. Terdapat masjid-masjid yang mempunyai dana yang mencecah ratusan ribu malah jutaan ringgit yang dikumpulkan melalui kutipan dana yang berbentuk umum dan khusus. Namun begitu, tiada fatwa atau garis panduan Shariah yang menjadi panduan kepada ahli jawatankuasa masjid di dalam mengembangkan lagi dana terbabit melalui aktiviti yang berbentuk penjanaan pendapatan dan pelaburan yang boleh menampung perbelanjaan pelbagai aktiviti masjid. Melihat kepada senario semasa, penjanaan pendapatan dan pelaburan dana masjid amatlah kritikal bagi memastikan kelestarian peranan dan fungsi masjid yang pelbagai serta memerlukan sokongan kewangan yang mapan. Hasil-hasil yang diperolehi dari aktiviti pelaburan dana masjid akan dapat mengurangkan kebergantungan institusi masjid terhadap dana yang disalurkan oleh kerajaan atau Majlis Agama Islam Negeri. Justeru, amatlah penting fatwa atau garis panduan Shariah berkaitan dengan penjanaan pendapatan dan pelaburan dana masjid dikeluarkan. Kajian ini menggunakan kaedah penyelidikan perpustakaan dan penelitian data sekunder berkaitan dengan keperluan dan asasasas hukum berkaitan dengan penjanaan pendapatan dan pelaburan dana masjid.. Dapatan daripada kajian ini diharapkan menjadi panduan pihak-pihak berkepentingan yang berkaitan dengan pengurusan dan pentadbiran masjid terutamanya Majlis Agama Islam Negeri (MAIN) di dalam menyediakan fatwa atau garis panduan Shariah berkaitan dengan penjanaan pendapatan dan pelaburan dana masjid. - Some of the metrics are blocked by yourconsent settings
Publication Malaysia Islamic Finance Global Hub: A Comparative Study Towards The Assessment Bodies In Reporting Global Hub Countries(Center For Promoting Ideas (CPI), USA, 2014) ;Mohd Nazri Mohd Noor ;Mohammad Noorizzuddin Bin Nooh ;Asmaddy Haris ;Muhammad Ridhwan Bin Ab. Aziz ;Azrul Azlan Bin Iskandar Mirza ;Joni Tamkin Bin BorhanPatmawati Binti IbrahimAs Malaysia aims to becoming as Islamic finance global hub, thus the evaluation to determine global hub country is somehow valuable to bring into a research. Other Islamic finance countries like Saudi Arabia, Qatar, United Arab Emirates and even London, have clearly declared to become as Islamic finance Global hub. The evaluation of Islamic finance global hub country could benefit Islamic finance industry which among others could indicate the standard of Islamic finance global hub and the determination of exact countries eligible as Islamic finance global hub. Hence, this study examines three assessment bodies as a sample namely; The Global Competitiveness Report, The Global Financial Index and Ernst & Young (E& Y) Globalization Index as a comparative study to find the suitable method in global hub evaluation. Simultaneously, this study will examine Malaysia’s economic competitiveness among other countries around the world to determine positive factors that could position Malaysia as Islamic finance global hub. Then, some recommendations will be proposed for a new framework for Islamic finance global hub assessment. - Some of the metrics are blocked by yourconsent settings
Publication A mediating effect of food Neophobia toward purchasing intention of goat milks among Malaysian consumers(Serials Publications, 2016) ;Kok-Siew H. ;Rahman H.B.A. ;Rahman Z.B.A. ;Asmaddy Haris ;Mohd L.L.-C. ;Faculty of Medicine and Health SciencesUniversiti Sains Islam Malaysia (USIM)Food neophobia is an on-going issue that hits consumers of all stages of life. It is commonly associated with the reluctance to try new food unfamiliar to their food habits. The major objective of this research was to identify the customer's favorable or unfavorable factors correlated to goat milk purchasing intention among the Malaysian consumers by adapting the theory of planned behaviour (TPB). The components of this theory were fit into as attitude, social influence and self-efficacy with the mediation effect of neophobia character of the consumers. The results were analyze using PLS SEM and clearly indicate that there is a direct and positive correlation exists between attitude, social influence and self-efficacy on goat milk purchasing intention among Malaysian consumers. The mediation result of the neophobia traits of the consumer further showed partial mediation between the TPB variables and goat milk purchasing intention. The outcome of the study has practical and managerial implications directing the government and companies to disseminate the importance of goat milk consumption, especially in relation to nutritional and medicinal values. The paper extends better insight into the importance of goat milk consumption for better health among customers. � Serials Publications. - Some of the metrics are blocked by yourconsent settings
Publication Model Hybrid Wakaf Bagi Pembangunan Kediaman Warga Emas Yang Lestari(Universiti Sains Islam Malaysia, 2020-10-15) ;Norman Hamdan ;Asharaf Mohd. Ramli ;Abdullaah Jalil ;Mohammad Aizuddin Abd Aziz ;Asmaddy Haris ;Ridzwan Bakar ;Abd Razak Abu Musa SaarMohd Aminur Rahman Mohamed RashidPenglibatan institusi awam dan swasta di dalam aktiviti pembangunan hartanah wakaf amatlah menggalakkan. Terdapat institusi-institusi yang mewakafkan hartanah yang dimiliki untuk pembinaan pusat ibadat seperti masjid dan surau, pusat pendidikan seperti sekolah tahfiz dan juga pusat komersil seperti rumah kedai. Selain hartanah wakaf, aktiviti berwakaf secara tunai juga amat popular dewasa ini sebagai satu medium masyarakat Islam untuk menyalurkan harta di jalan Allah. Potensi besar wakaf tunai dari sudut pengumpulan dana yang besar yang kemudiannya disalurkan untuk pembangunan hartanah wakaf sedia ada serta digunakan untuk membina bangunan-bangunan baru secara tidak langsung meningkatkan ekuiti pemilikan harta umat Islam. Di Malaysia, model pembangunan hartanah wakaf boleh dikategorikan kepada dua iaitu pembangunan wakaf sedia ada menggunakan dana wakaf tunai yang dikumpulkan dan juga pengumpulan dana wakaf tunai yang akan diistibdalkan kepada aset tetap seperti bangunan dan sekolah. Justeru, objektif utama kajia ini adalah untuk meneliti model wakaf tunai yang diperkenalkan dan diamalkan bagi pembangunan hartanah wakaf di Malaysia. Kajian ini juga mencadangkan model hybrid wakaf bagi pembangunan kediaman warga emas yang menggabungkan keduadua wakaf hartanah dan tunai. Kajian ini menggunakan kaedah penyelidikan perpustakaan dan penelitian data sekunder berkaitan dengan wakaf hartanah dan tunai serta model-model wakaf tunai yang dipraktikkan. Dapatan daripada kajian ini diharapkan menjadi pemangkin terhadap peningkatan aset-aset hartanah wakaf yang disumbangkan oleh individu dan institusi bagi tujuan kebajikan umat Islam.