Publication:
Challenges And Prospects In Waqf Reporting Practices In Malaysia

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dc.contributor.authorMuhammad Iqmal Hisham Kamaruddinen_US
dc.contributor.authorMustafa Mohd Hanefahen_US
dc.date.accessioned2024-05-29T02:26:26Z
dc.date.available2024-05-29T02:26:26Z
dc.date.issued2022
dc.date.submitted2022-5-25
dc.description.abstractPurpose :This study aims to explain the justification behind the current weak waqf reporting practices in waqf institutions in Malaysia and also investigates the factors affecting the good waqf reporting practices. Design/methodology/approach : A series of interviews with four waqf officers who are involved with waqf reporting process from four different waqf institutions in Malaysia were conducted. Findings : The findings show a number of reasons for the current weak waqf reporting practices including the absence of standardised waqf reporting standards, no reporting or disclosure awareness by the waqf management, limited reporting channels from the state authorities to the national authorities, diversification in the governance structure and reluctance of waqf administration to disclose waqf reporting. The findings also identified several factors contributing to good waqf reporting practices. This includes leadership, good cultural setting within the institution, political will as a push factor, limited qualified personnel as well as sustainability issues and finally, the visibility of the waqf report itself. Practical implications : The study findings and recommendations are useful for the State Islamic Religious Councils and waqf institutions in Malaysia to enhance the waqf reporting practices in Malaysia. Originality/value: This study is among the few studies that identify the reasons and factors affecting the good waqf reporting practices in Malaysia. Originality/value This study is among the few studies that identify the reasons and factors affecting the good waqf reporting practices in Malaysia.en_US
dc.identifier.citationKamaruddin, M.I.H., Hanefah, M.M. and Masruki, R. (2022), "Challenges and prospects in waqf reporting practices in Malaysia", Journal of Financial Reporting and Accounting, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JFRA-01-2022-0018en_US
dc.identifier.doihttps://doi.org/10.1108/JFRA-01-2022-0018
dc.identifier.epage14
dc.identifier.issn1985-2517
dc.identifier.spage1
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/10606
dc.language.isoen_USen_US
dc.publisherEmerald Publishing Limited.en_US
dc.relation.ispartofJournal Of Financial Reporting And Accountingen_US
dc.subjectWaqf reporting, Waqf institution, Challenges, Prospects, Islamic accountingen_US
dc.titleChallenges And Prospects In Waqf Reporting Practices In Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication

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