Publication: The Desire Among Students For The Establishment Of Islamic Waqf Bank In Funding The Education
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Date
2014
Journal Title
Journal ISSN
Volume Title
Publisher
Wulfenia Journal
Abstract
Education is very important for the development of humankind and economic progress. Nevertheless, not everyone has the opportunity and access to the proper education system. A special design financial institution is needed in order to finance those students for their education. On the other hand, Islamic
waqf bank is a special designed financial institution in Islam. This bank will benefit the students and also their parents, due to its unique structure that could finance students education in term of fees and cost of living. Islamic waqf bank uses the concept of cash waqf in term of funding the education. Cash
waqf is a trust fund established with money to support services for mankind's benefits in the name of Allah. It is recognized that there is no ample study in the area of cash waqf especially for managing Islamic waqf bank institution. Therefore, the study for the management of cash waqf fund is essential in order for the fund to be use efficiently. The objective of this article is to examine the tendency among students for the establishment of Islamic waqf bank. The methodology of this article is a quantitative research based on 250 students. The general finding of this article shows that there is a high tendency among students to establish Islamic waqf bank for education.
Description
Volume: 21 No: 5 (page: 64-74)
Keywords
Waqf , Islamic Waqf Ban k and Cash waqf