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A Study Of Muslims In Klang Valley On The Cash Waqf For Public Health Expenditure

Journal: AZKA International Journal Of Zakat & Social Finance (Vol.3, No. 2)

Publication Date:

Authors : ;

Page : 100-123

Keywords : waqf; cash waqf; Islamic social finance;

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Abstract

Cash waqf is another form waqf made with cash collected in a trust fund and can be utilized as an alternative source of funding for society and ummah. The public knowledge and understanding of waqf are limited to the concept of waqf land for building mosques and cemeteries only. It is crucial to educate and enhance the public knowledge of cash waqf to motivate their willingness to contribute to the cash waqf fund. Based on the Cash Waqf Certificates Collection by Yayasan Wakaf Malaysia, total cash waqf collection for health purposes is the lowest compared to education and economic development. Therefore, it is essential to further explore the public view in cash waqf for health purposes. There are very few studies on the awareness of cash waqf specifically as an alternative financing source for public health expenditure. Thus, this study aims to fill the gap. It is found that many of the respondents are aware of cash waqf and have been donated through the cash waqf fund. Besides, most of them agreed if cash waqf is used to fund public health expenditure in Malaysia. In conclusion, public no longer perceive waqf as limited to traditional purposes such as land and fixed properties.

Last modified: 2022-10-04 14:40:16