Application of cash waqf in the empowerment of widows in Malaysia

Amuda, Yusuff Jelili and Abdul Razak, Dzuljastri and Ahmedhas, Aminath Amany (2016) Application of cash waqf in the empowerment of widows in Malaysia. Journal of Advanced Management Science, 4 (3). pp. 255-259. ISSN 2168-0787

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Abstract

Cash Waqf is a form of Islamic endowment that has enormous un-utilized potential for its application in fulfilling the unmet social needs of the community. One such need is for the establishment of more effective schemes to alleviate the struggles faced by widowed women such as poverty, unemployment, and lack of support. The objective of this paper is to examine how Cash Waqf can be channeled into various mediums, instruments, and projects that will assist in empowerment and improvement of needy widows and their dependent children. The research uses a qualitative approach to examine the applicability of Cash Waqf funds for this purpose and presents a case for innovative avenues through which Waqf funds can be effectively mobilized towards this end. The paper proposes strategies through which Cash Waqf can be used for the creation of resources and tools for empowerment of widowed women such as through educational funds, creation of employment opportunities, and provision of tools for entrepreneurial activities. Index Terms—Malaysia, widow, poverty, unemployed, empowerment, cash waqf

Item Type:	Article (Journal)
Additional Information:	4433/42827
Uncontrolled Keywords:	Malaysia, widow, poverty, unemployed,empowerment, cash waqf
Subjects:	H Social Sciences > HG Finance > HG4301 Trust services
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr Dzuljastri Abdul Razak
Date Deposited:	08 May 2015 09:04
Last Modified:	15 Mar 2017 15:57
URI:	http://irep.iium.edu.my/id/eprint/42827

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