Publication: Examining the Validity of Constructs that Measure the Willingness to Share Waqf Information: An Exploratory Factor Analysis
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Date
2023
Journal Title
Journal ISSN
Volume Title
Publisher
Fakulti Ekonomi dan Muamalat, Universiti Sains Islam Malaysia
Abstract
Waqf is crucial in providing society with cost-free or affordable services. However, ensuring the sustainability of waqf contributions remains a key challenge. Hence, it is essential to establish a sustainable waqf ecosystem based on information sharing among stakeholders to maximise its societal benefits. This study adopts a quantitative research approach, utilising the information-sharing theory. The analysis employs the SPSS software to conduct Exploratory Factor Analysis (EFA) and assess the construct validity of variables measuring the willingness to share information. The study investigates the impact of trust, reciprocity, and commitment as independent factors on the willingness of waqf stakeholders in Malaysia to share information. A preliminary study was conducted between January and March 2023, involving 78 purposively sampled respondents who were Waqif, Mawquf Alaih, or knew about endowing waqf through the online waqf platform. This preliminary study evaluated the viability and reliability of the instruments used to represent the variables and relationships. The study intends to demonstrate the validity of factors influencing stakeholders' willingness to share information, thereby enhancing Malaysia's waqf co-
919creation ecosystem. The findings will serve as input for developing an information-sharing framework and informing policy implications to improve the environment for waqf co-creation.
Description
10th INTERNATIONAL ISLAMIC ECONOMIC SYSTEM CONFERENCE 2023 (I-iECONS 2023) : “Sustainable Development through Innovative Economic Transformation” /Editors : Amalina Mursidi, Agoos Munalis Tahir, Suhaida Herni Suffarruddin, Norfhadzilawati Rahim, Murad Ali Ahmad Al-Zaqeba, Muhammad Iqmal Hisham Kamaruddin
Conference Dates: August 14 2023 | Conference Location: Millennium Makkah Al Naseem Hotel Mecca Saudi Arabia
Organized by Faculty of Economics and Muamalat
Keywords
Waqf; Sharing Information: Islamic Social Finance; Waqf Co-creation
Citation
Yusuff, N., Johari, F., Ishak, N. S., Misbah, H. ., Harun, S. L. ., Hasbullah, N. A., Ahmad Musadik, S. H. S. ., & Ahmad, A. . (2023). Examining the Validity of Constructs that Measure the Willingness to Share Waqf Information: An Exploratory Factor Analysis. I-IECONS E-Proceedings, 10(1), 918–929. https://doi.org/10.33102/iiecons.v10i1.111