Publication:
Perception Of B40 Income Group Regarding Waqf, Wasiyyah And Faraid Planning In Wealth Distribution

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dc.contributor.authorMuhammad Ridhwan Ab. Azizen_US
dc.contributor.authorMohammad Noorizzuddin Noohen_US
dc.contributor.authorKhairil Faizal Khairien_US
dc.contributor.authorFuadah Joharien_US
dc.contributor.authorNurul Izzati Nordinen_US
dc.date.accessioned2024-05-27T14:40:01Z
dc.date.available2024-05-27T14:40:01Z
dc.date.issued2016
dc.description.abstractThe planning of wealth distribution during an individual’s lifetime is an aspect that must be taken seriously by all Muslims. Delays and failures in the distribution of wealth can create negative implications from the legal, economic, religious and social standpoints. In fact, the issue of wealth distribution is not an isolated issue in the Muslim community due to the fact that every year there are a growing number of frozen assets. Therefore, the purpose of this paper is to examine the perception of planning of wealth distribution among the B40 income group. A survey of 382 respondents was conducted in order to gauge the perception. The findings of this study found that in the B40 group, individuals who earned RM1,001 - RM2,999 were the majority who had wrong perceptions towards the need for planning wealth distribution, followed by individuals who earned RM1,000 and below per month. This study contributes to the understanding that the B40 income group is the one that does not plan wealth distribution through waqf, wasiyyah and faraid mechanisms. Keywords: Faraid, Islamic Finance, Waqf, Wasiyyahen_US
dc.identifier.epage45
dc.identifier.issn2289-6937
dc.identifier.other406-27
dc.identifier.spage35
dc.identifier.urihttps://www.mfpc.org.my/wp-content/uploads/2019/03/Perception-of-B40.pdf
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/3562
dc.identifier.volume3
dc.language.isoenen_US
dc.publisherMalaysian Financial Planning Councilen_US
dc.relation.ispartofJournal of Wealth Management and Financial Planningen_US
dc.subjectFaraid,en_US
dc.subjectIslamic Finance,en_US
dc.subjectWaqf,en_US
dc.subjectWasiyyahen_US
dc.titlePerception Of B40 Income Group Regarding Waqf, Wasiyyah And Faraid Planning In Wealth Distributionen_US
dc.typeArticleen_US
dspace.entity.typePublication

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