Cash Waqf Investment and Poverty Alleviation: Case of Tabung Masjids in Malaysia

Hasan, Rashedul; Hassan, M. Kabir; Rashid, Mamunur

doi:10.21098/jimf.v4i2.1006

Jurnal SINTA 1

Cash Waqf Investment and Poverty Alleviation: Case of Tabung Masjids in Malaysia

Journal of Islamic Monetary Economics and Finance · Vol. 4 No. 2 (2019) · hlm. 333–346

DOI: 10.21098/jimf.v4i2.1006
ISSN: 2460-6618, 2460-6146
Terbit: 2019-02-09
Penerbit: Bank Indonesia
Bahasa: eng

Abstrak

Recent investigations of the financial management practices of mosques in Indonesia have influenced this study, which investigates the ability of mosques in Malaysia to invest cash waqf for development activities. The impact of cash waqf investment is further extended to study the importance of such cash waqf donations toward poverty alleviation. 100 mosques in Melaka and Terengganu are selected for the purpose of conducting a survey using a self-developed questionnaire. Data collected from the survey are tested for their validity and reliability before conducting Structural Equation Modelling (SEM) analysis using Smart PLS 3.0. This study finds that cash waqf donation plays a positive role in increasing the ability of the selected states to alleviate poverty. The negative relationship between cash waqf investment and donation raises the need for a rigorous analysis. A conceptual model integrating cash waqf investment, donation, and poverty alleviation is provided in this study, which is the first of its kind. The results provided by the study will allow regulators and mosque fund managers to understand the significance of cash waqf donations and the importance of effective cash waqf management. Efficient investment of cash waqf can ensure sustainable and perpetual income that will allow a mosque to play a vital role in improving the living standards of the Muslim Ummah. The findings of the study cannot be generalized for all states in Malaysia due to the limitation of purposive sampling.

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16 penulis · 25 tautan kepenulisan bersama · 22 lintas organisasi

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LSU New Orleans
Universiti Brunei Darussalam
INTI International University
Manchester Metropolitan University
Frostburg State University
Linfield College
Nilai University
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Rekan penulis	Organisasi	Artikel bersama
Hasanul Banna	Manchester Metropolitan University	2
Ahmed Mansoor Alkhan	University of Bahrain	2
Ali Ashraf	Frostburg State University	1
Kyle J. Putnam	Linfield College	1
Arja H. Turunen‐Red	LSU New Orleans	1
Abu Umar Faruq Ahmad	Universiti Brunei Darussalam	1
Haziq Bin Nordin	Nilai University	1
Rhada Boujlil	Prince Sultan University	1
Rihab Grassa	Higher Colleges of Technology	1
Ahmed W. Alam	LSU New Orleans	1
Hassan Bataineh	LSU New Orleans	1
Danny Hermawan	Bank Indonesia	1
M. Dharani	Indian Institute of Management Tiruchirappalli	1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) http://www.jimf-bi.org/index.php/JIMF/oai, pertama di-harvest 9 Nov 2026, terakhir terlihat 9 Nov 2026.

Metadata asli (oai_dc)

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	<dc:title xml:lang="en">Cash Waqf Investment and Poverty Alleviation: Case of Tabung Masjids in Malaysia</dc:title>
	<dc:creator xml:lang="en">Hasan, Rashedul</dc:creator>
	<dc:creator xml:lang="en">Hassan, M. Kabir</dc:creator>
	<dc:creator xml:lang="en">Rashid, Mamunur</dc:creator>
	<dc:subject xml:lang="en">Investment</dc:subject>
	<dc:subject xml:lang="en">Maqasid-Al-Shariah</dc:subject>
	<dc:subject xml:lang="en">Cash Waqf</dc:subject>
	<dc:subject xml:lang="en">Poverty Alleviation</dc:subject>
	<dc:subject xml:lang="en">Tabung Masjid</dc:subject>
	<dc:subject xml:lang="en">Malaysia</dc:subject>
	<dc:description xml:lang="en">Recent investigations of the financial management practices of mosques in Indonesia have influenced this study, which investigates the ability of mosques in Malaysia to invest cash waqf for development activities. The impact of cash waqf investment is further extended to study the importance of such cash waqf donations toward poverty alleviation. 100 mosques in Melaka and Terengganu are selected for the purpose of conducting a survey using a self-developed questionnaire. Data collected from the survey are tested for their validity and reliability before conducting Structural Equation Modelling (SEM) analysis using Smart PLS 3.0. This study finds that cash waqf donation plays a positive role in increasing the ability of the selected states to alleviate poverty. The negative relationship between cash waqf investment and donation raises the need for a rigorous analysis. A conceptual model integrating cash waqf investment, donation, and poverty alleviation is provided in this study, which is the first of its kind. The results provided by the study will allow regulators and mosque fund managers to understand the significance of cash waqf donations and the importance of effective cash waqf management. Efficient investment of cash waqf can ensure sustainable and perpetual income that will allow a mosque to play a vital role in improving the living standards of the Muslim Ummah. The findings of the study cannot be generalized for all states in Malaysia due to the limitation of purposive sampling.</dc:description>
	<dc:publisher xml:lang="en">Bank Indonesia</dc:publisher>
	<dc:date>2019-02-09</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://jimf-bi.org/JIMF/article/view/1006</dc:identifier>
	<dc:identifier>10.21098/jimf.v4i2.1006</dc:identifier>
	<dc:source xml:lang="en">Journal of Islamic Monetary Economics and Finance; Vol. 4 No. 2 (2018); 333-346</dc:source>
	<dc:source>2460-6618</dc:source>
	<dc:source>2460-6146</dc:source>
	<dc:source>10.21098/jimf.v4i2</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://jimf-bi.org/JIMF/article/view/1006/736</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2018 M. Kabir Hassan</dc:rights>
</oai_dc:dc>