Publication:
Restructuring of 'Ain Waqf in Corporate Waqf Model for Boosting the Nation's Economic Prosperity

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dc.contributor.authorKhairil Faizal Khairien_US
dc.contributor.authorNurhidayah Lailien_US
dc.contributor.authorHisham Sabrien_US
dc.contributor.authorMohd Yazis Ali Basahen_US
dc.date.accessioned2024-05-27T15:04:57Z
dc.date.available2024-05-27T15:04:57Z
dc.date.issued2015
dc.descriptionAustralian Journal of Basic and Applied Sciences, 9(37) Special 2015, Pages: 285-289en_US
dc.description.abstractBackground: Practitioners in the Islamic finance industry have been overlooked the potential of corporate waqf as a source of funding. Waqf is one of financial instruments which has been applied since the early islamic period in Madinah in addressing issues related to economic development in the community. This is because waqf has been successful in encouraging economic development through various aspects of welfare.Objective: Purpose of this article is to determine the uniqueness of corporate endowments featured by Maybank Islamic Berhad and to view its contribution to the economic development and community’s economic prosperity. Results: The general findings of this study indicate that systematic implementation of corporate endowments is very useful in developing the nation's economic prosperity. Conclusion: The innovation of 'ain corporate endowments that been introduced by Maybank Islamic Berhad is very suitable to be practiced as it was in line with the modernization of the today’s financial system. Keywords: ain’wakaf, corporate waqf, economic prosperity, Islamic finance.en_US
dc.identifier.epage289
dc.identifier.issn1991-8178
dc.identifier.issue37
dc.identifier.other383-38
dc.identifier.spage285
dc.identifier.uriwww.ajbasweb.com
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/4128
dc.identifier.volume9
dc.language.isoenen_US
dc.publisherAENSI Publisheren_US
dc.relation.ispartofAustralian Journal of Basic and Applied Sciencesen_US
dc.subjectain’wakaf,en_US
dc.subjectcorporate waqf,en_US
dc.subjecteconomic prosperity,en_US
dc.subjectIslamic finance.en_US
dc.titleRestructuring of 'Ain Waqf in Corporate Waqf Model for Boosting the Nation's Economic Prosperityen_US
dc.typeArticleen_US
dspace.entity.typePublication

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