Raising fund for waqf land development via Islamic Real Estate Investment Trust (iREIT)

Che Embi, Nor Azizan and Ramlee, Roslily (2013) Raising fund for waqf land development via Islamic Real Estate Investment Trust (iREIT). In: Islamic Philanthropy for Ummah Excellence. Institut Kajian Zakat Malaysia, UiTM, Shah Alam, pp. 419-431. ISBN 978-983-44948-7-2

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Abstract

This paper attempts to explore the possibility of using Islamic REITs (iREITs) as one of the potential financing method for waqf land development. This paper identifies several ways on how iREITs issuance can be use to tap money from the generous Muslim donors and the investors for the development. The funds raised by the issuance of iREITs not only meant to finance the initial stage of waqf land development but are also expected to generate continuous cash inflows to the State Religious council. The paper aims to focus on the sustainability of the funds that can be used to finance the development of waqf land.

Item Type:	Book Chapter
Uncontrolled Keywords:	waqf, land development, iREIT, Islamic financing
Subjects:	H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User:	Dr. Roslily Ramlee
Date Deposited:	06 Sep 2021 12:25
Last Modified:	06 Sep 2021 12:33
URI:	http://irep.iium.edu.my/id/eprint/74238

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