Social impact measurement of Waqf: case study of Waqf organisations in Karnataka, India

Mohtesham, Mohammed Meeran Jasir and Syed Azman, Syed Marwan Mujahid (2023) Social impact measurement of Waqf: case study of Waqf organisations in Karnataka, India. AZKA International Journal Of Zakat & Social Finance (AZJAF), 4 (2). pp. 199-218. ISSN 2735-1890 E-ISSN 2716-6643

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Abstract

Social Impact Measurement (SIM) is a crucial procedure for assessing and validating the social impact of various activities. Within this context, Waqfendeavours to fulfil Maqasid al-Shari’ah, encompassing the pursuit of Sustainable Development Goals (SDGs). Nevertheless, the absence of a robust mechanism to verify and measure the impact of Waqf, particularly in India, remains a significant challenge. Existing literature on Waqfin India predominantly focuses on administrative issues, neglecting impact assessment. This research aims to explore the current SIM mechanisms implemented by Waqf organisations in Karnataka, India. Furthermore, this study proposes potential mechanisms that Waqf administrators can leverage to streamline impact assessment andreduce the workload and expenses of Waqforganisations Identifying the existing mechanisms serves as a preliminary step towards the efficient development of a SIM framework for Waqfin Karnataka, empowering Waqfadministrators. By employing content and thematic analysis methods, as well as interviews with Waqf organisations, the study uncovers that despite Waqf's contributions towards achieving numerous Maqasid al-Shari’ahand SDGs in Karnataka, the organisationshave not maximised their full potential in measuring and reporting these impacts to relevant stakeholders.

Item Type:	Article (Journal)
Uncontrolled Keywords:	Waqf, SocialImpact Measurement,Sustainable Development Goals, Maqasid al-Shariah
Subjects:	BPH Islamic Economics > BPH741 Waqf H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr. Syed Marwan Mujahid Syed Azman
Date Deposited:	21 Aug 2023 15:13
Last Modified:	21 Aug 2023 15:37
URI:	http://irep.iium.edu.my/id/eprint/106074

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