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Scrutinizing The Method Of Contribution For Islamic Waqf Bank Fund
Journal
Journal Of Islamic Economics, Banking And Finance
Date Issued
2015
Author(s)
Muhammad Ridhwan Ab. Aziz
Mohd Asyraf Yusof
Abstract
Cash  waqf  means  the  dedication  of  some  money  from  one's  possessions  and  establishing  an asset  based  on  that  amount  and  offering it  to  the  benefit  of  people.  It  is  also  defined  as  the devotion of an amount of money by a founder and the dedication of its usufruct in perpetuity to  the  prescript  purposes.  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 scrutinize relationship  between  level  of  income  and  contribution  method  of  cash  waqf  fund  in  Islamic Waqf  Bank  as  well  as  the  appointment  of  Islamic  Waqf  Bank  as  an  agent  in  collecting the fund.  The  methodology  of  research  in  this  article  is  through  a  quantitative  research  towards 231 Muslim respondents. The general finding of this article shows that, the strong willingness among the  respondents to use  electronic  method in contributing for Islamic  Waqf Bank. It is proposed  a  proper  channeled  in  contributing  for  waqf  fund  and  the  appointment  of  Islamic Waqf  Bank  as  an  agent  in  collecting  the  cash  waqf  fund,  will  be  a  strong  tendency  that  the Islamic Waqf Bank’s operation will be run efficiently.
Subjects