Preliminary study on the maintenance level of waqf properties: federal territory, Kuala Lumpur

Bello, Hafis and Ayob, Mohd Fairullazi and Ahmad Sarkawi, Azila (2020) Preliminary study on the maintenance level of waqf properties: federal territory, Kuala Lumpur. International Journal of Islamic and Civilizational Studies, 7 (3). pp. 89-97. E-ISSN 2289-8204

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Abstract

There has been a growing interest in the development of income-generating Waqf (endowments) properties in recent times. This is quite justifiable considering the fact that Waqf properties estimated to worth up to USD 1 Trillion globally have failed to generate adequate income to meet up the maintenance costs thus resulting in poor maintenance and the inability of these properties to meet Waqf objectives. Consequently, this paper presents preliminary findings on an on-going research aimed at developing a maintenance management framework for income-generating Waqf properties. Data were gathered through content analysis and secondary sources. Findings in this paper indicate that the inadequate maintenance of Waqf properties is partly due to relatively low rents and high rental arrears. The paper also gathered that despite the unique features of Waqf, there is no specific study aimed at developing a user-driven maintenance management framework for income-generating Waqf properties. Such omission could slow down the much-anticipated progress particularly at this point in time when different funding initiatives have resulted in the construction of high-rise income-generating properties on Waqf lands. The paper also provided current information on the state of income-generating Waqf properties in Kuala Lumpur.

Item Type:	Article (Journal)
Additional Information:	6985/83784
Uncontrolled Keywords:	Waqf property, Maintenance, property management, Kuala Lumpur
Subjects:	BPH Islamic Economics BPH Islamic Economics > BPH531 Zakat BPH Islamic Economics > BPH741 Waqf T Technology > TX Home economics > TX955 Building operation and maintenance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Architecture and Environmental Design Kulliyyah of Architecture and Environmental Design > Department of Quantity Surveying
Depositing User:	IR. DR. MOHD FAIRULLAZI AYOB
Date Deposited:	28 Oct 2020 11:48
Last Modified:	28 Oct 2020 11:48
URI:	http://irep.iium.edu.my/id/eprint/83784

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