Publication:
The Integration of Waqf and Islamic Microfinance in Malaysia: Prospects and Challenges

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dc.contributor.authorHussein ‘Azeemi Abdullah Thaidien_US
dc.contributor.authorMuhamad Firdaus Ab Rahmanen_US
dc.date.accessioned2024-05-29T02:25:50Z
dc.date.available2024-05-29T02:25:50Z
dc.date.issued2021
dc.date.submitted2022-6-20
dc.description.abstractIslamic Microfinance has been proven scientifically on its capability to empower the poor and rural population. However, the operational costs are relatively expensive as it involves vast fieldworks that often concentrate on rural areas. The support programs – which are also costly – have to be offered regularly considering that this population is always associated a low entrepreneurship literacy. In effect, the microfinance products are imposed with quite a high charge to bear the operational cost. The initiative to integrate Islamic microfinance and waqf stands out to be an ideal solution. However, such a proposition has scarcely been discussed in a profound and systematic manner. Hence, the study aims to explore into the practicality of the integration between waqf and Islamic microfinance in terms of the prospects and challenges. The methodologies used were library research and content analysis where the existing and relevant document remains the sources of concern. The results show that there are several prospects that could give a positive impact towards the Islamic microfinance providers, waqf institutions and social well-being empowerment. Several practical challenges have also been identified and carefully reviewed. It is believed that the results have implications for Sharīʿah advisors, managers and policy makers, as well as provide some insightful avenues for future research.en_US
dc.identifier.epage302
dc.identifier.issn0021-1842
dc.identifier.issue2
dc.identifier.spage277
dc.identifier.urihttps://www.scopus.com/record/display.uri?eid=2-s2.0-85134690096&origin=resultslist&sort=plf-f&src=s&sid=f6de60d0ce1f7887d90ab7d88e100910&sot=b&sdt=b&s=TITLE-ABS-KEY%28The+Integration+Of+Waqf+And+Islamic+Microfinance+In+Malaysia%29&sl=75&sessionSearchId=f6de60d0ce1f7887d90ab7d88e100910
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/10518
dc.identifier.volume65
dc.language.isoenen_US
dc.publisherIslamic Cultural Centre, Londonen_US
dc.relation.ispartofIslamic Quarterlyen_US
dc.subjectWaqf, Islamic microfinance, poor population, social developmenten_US
dc.titleThe Integration of Waqf and Islamic Microfinance in Malaysia: Prospects and Challengesen_US
dc.typeArticleen_US
dspace.entity.typePublication

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