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SWOT Analysis Of Cash Waqf Fundraising Strategies In Waqaf-Based Educational Institutions (Case Study At Modern Islamic Boarding School Tazakka, Indonesia)

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dc.contributor.authorIqbal Imarien_US
dc.contributor.authorGhazy Triyatnoen_US
dc.contributor.authorAhmad Sumintoen_US
dc.contributor.authorMohammad Zen Nasrudin Fajrien_US
dc.date.accessioned2024-05-30T07:24:26Z
dc.date.available2024-05-30T07:24:26Z
dc.date.issued2022
dc.descriptione-Proceedings of The 10th Islamic Banking, Accounting and Finance International Conference 2022 (iBAF2022): “Future-Proofing for Business Excellence Through Islamic Banking, Accounting and Finance”/ Editors: Norhaziah Nawai, Khairil Faizal Khairi, Suhaila Abdul Hamid, Muhamad Azrin Nazri, Nur Ainna Ramli, Sumaiyah Abd Aziz, Mohd Adha Ibrahim, Syadiyah Abdul Shukor. 13th-14th September 2022 (Virtual Conference) Organized by: Faculty of Economics and Muamalat, Universiti Sains Islam Malaysiaen_US
dc.description.abstractAn effective waqf fundraising strategy is essential in waqf management. It is not easy to raise funds due to its non-obligatory status in Islam, especially in the current condition where the challenges are getting tougher. Although historically waqf has played a significant role in easing the burden on people in need, in current conditions it must be managed strategically. This study aims to analyse waqf fundraising strategies in Tazakka waqf institutions and find alternative strategies to be recommended for further implementation. This study uses a qualitative approach with a triangulation model. Data collection was obtained from observations, interviews, and documentation collection related to the current situation. Regarding the analysis of strategy, this research used SWOT analysis and found that the Tazakka waqf institution has applied the theory of fundraising strategy proposed by Sargeant which divides the fundraising strategy into four strategies, namely; Dialogue fundraising, corporate fundraising, multichannel fundraising, donor retention, and development. Based on the results of strategy analysis using SWOT analysis, this study resulted in eight recommended strategies to be implemented by Tazakka waqf institutions. This recommendation strategy includes increasing collection through other strategic programs, empowering waqif coordinators in expanding cash waqf collection, hiring more human resources, increasing cooperation in building Waqf Collection Units, strengthening collaboration and collection in educational institutions, increasing individual service programs, maximizing collaboration with LAZISWAF Tazakka partners in improving services, improving the quality of human resources through various activities such as training and delegation. This study can be a reference for waqf fundraising strategies in waqf-based educational institutions or waqf institutions. This study provides consideration for waqf institutions in choosing waqf fundraising models to develop waqf institutions in achieving the goals and vision and mission of the institution.en_US
dc.identifier.citationNawai, N., Khairi, K. F., Abdul Hamid, S., Nazri, M. A., Ramli, N. A., Abd Aziz, S., Ibrahim, M. A., & Abdul Shukor, S. (Eds.). (2022). e-Proceedings of The 10th Islamic Banking, Accounting and Finance International Conference 2022 (iBAF2022) : “Future-Proofing for Business Excellence Through Islamic Banking, Accounting and Finance.” Universiti Sains Islam Malaysia. https://fem.usim.edu.my/ibaf2022-proceeding/en_US
dc.identifier.epage564
dc.identifier.issneISSN 2948-460X
dc.identifier.spage552
dc.identifier.urihttps://fem.usim.edu.my/ibaf2022-proceeding/
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/17504
dc.language.isoen_USen_US
dc.publisherFakulti Ekonomi dan Muamalat, Universiti Sains Islam Malaysiaen_US
dc.relation.conferencee-Proceedings of The 10th Islamic Banking, Accounting and Finance International Conference 2022 (iBAF2022)en_US
dc.subjectFundraising; Management; Strategy; Waqfen_US
dc.titleSWOT Analysis Of Cash Waqf Fundraising Strategies In Waqaf-Based Educational Institutions (Case Study At Modern Islamic Boarding School Tazakka, Indonesia)en_US
dc.typeArticleen_US
dspace.entity.typePublication

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