Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions
This paper focuses on the theoretical structure of funding for Islamic philanthropy, especially waqf. Waqa>f is projected to play further significant role to tackle present social problems, where financial sustainability has become one of the foremost challenges faced by awqa>f institutions. T...
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doaj-60e6a50f345d4f018183543163b791c82020-11-24T20:40:30ZengIAIN SalatigaIndonesian Journal of Islam and Muslim Societies2089-14902406-825X2018-07-0181578610.18326/ijims.v8i1.57-861032Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutionsMuhammad Shulthoni0Norma Md Saad1Department of Economics, Kulliyyah of Economics and Management Sciences, International Islamic University MalaysiaDepartment of Economics, Kulliyyah of Economics and Management Sciences, International Islamic University MalaysiaThis paper focuses on the theoretical structure of funding for Islamic philanthropy, especially waqf. Waqa>f is projected to play further significant role to tackle present social problems, where financial sustainability has become one of the foremost challenges faced by awqa>f institutions. There is a need to study various models of fundraising that could be applied to reform awqa>f institutions. Employing content analysis approach, this paper analyses traditional and modern structures of fundraising that are applicable for development and management of waqa>f fundraising: istibda>l, h}ukr, ija>ratayn, venture philanthropy of waqf model (VPWM), value-based capital model of waqf (VBCMW), and social enterprise waqf fund model (SEWF).The discussions are expected to be able to contribute towards boosting a better fundraising management of awqa>f institutions in Muslim communities as well as countries. Makalah ini fokus pada struktur teoritis pendanaan untuk filantropi Islam, terutama wakaf. Wakaf diproyeksikan untuk memainkan peran penting lebih lanjut untuk mengatasi masalah sosial saat ini, di mana keberlanjutan keuangan telah menjadi salah satu tantangan utama yang dihadapi oleh lembaga-lembaga awqa>f. Ada kebutuhan untuk mempelajari berbagai model penggalangan dana yang dapat diterapkan untuk mereformasi institusi awqa>f. Dengan menggunakan pendekatan analisis isi, makalah ini menganalisis struktur penggalangan dana tradisional dan modern yang berlaku untuk pengembangan dan pengelolaan penggalangan dana wakaf: istibda>l, h}ukr, ija>ratayn, venture philanthropy of waqf model (VPWM), value-based capital model of waqf (VBCMW), dan social enterprise waqf fund model (SEWF). Diskusi diharapkan dapat berkontribusi untuk meningkatkan manajemen penggalangan dana yang lebih baik dari lembaga awqaf di komunitas Muslim serta negara.http://ijims.iainsalatiga.ac.id/index.php/ijims/article/view/1803Waqf fundraisingManagementTraditional method of fundraisingModern method of fundraising |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Muhammad Shulthoni Norma Md Saad |
spellingShingle |
Muhammad Shulthoni Norma Md Saad Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions Indonesian Journal of Islam and Muslim Societies Waqf fundraising Management Traditional method of fundraising Modern method of fundraising |
author_facet |
Muhammad Shulthoni Norma Md Saad |
author_sort |
Muhammad Shulthoni |
title |
Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions |
title_short |
Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions |
title_full |
Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions |
title_fullStr |
Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions |
title_full_unstemmed |
Waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions |
title_sort |
waqf fundraising management: a conceptual comparison between traditional and modern methods in the waqf institutions |
publisher |
IAIN Salatiga |
series |
Indonesian Journal of Islam and Muslim Societies |
issn |
2089-1490 2406-825X |
publishDate |
2018-07-01 |
description |
This paper focuses on the theoretical structure of funding for Islamic philanthropy, especially waqf. Waqa>f is projected to play further significant role to tackle present social problems, where financial sustainability has become one of the foremost challenges faced by awqa>f institutions. There is a need to study various models of fundraising that could be applied to reform awqa>f institutions. Employing content analysis approach, this paper analyses traditional and modern structures of fundraising that are applicable for development and management of waqa>f fundraising: istibda>l, h}ukr, ija>ratayn, venture philanthropy of waqf model (VPWM), value-based capital model of waqf (VBCMW), and social enterprise waqf fund model (SEWF).The discussions are expected to be able to contribute towards boosting a better fundraising management of awqa>f institutions in Muslim communities as well as countries.
Makalah ini fokus pada struktur teoritis pendanaan untuk filantropi Islam, terutama wakaf. Wakaf diproyeksikan untuk memainkan peran penting lebih lanjut untuk mengatasi masalah sosial saat ini, di mana keberlanjutan keuangan
telah menjadi salah satu tantangan utama yang dihadapi oleh lembaga-lembaga
awqa>f. Ada kebutuhan untuk mempelajari berbagai model penggalangan dana
yang dapat diterapkan untuk mereformasi institusi awqa>f. Dengan menggunakan
pendekatan analisis isi, makalah ini menganalisis struktur penggalangan dana
tradisional dan modern yang berlaku untuk pengembangan dan pengelolaan
penggalangan dana wakaf: istibda>l, h}ukr, ija>ratayn, venture philanthropy of
waqf model (VPWM), value-based capital model of waqf (VBCMW), dan social
enterprise waqf fund model (SEWF). Diskusi diharapkan dapat berkontribusi
untuk meningkatkan manajemen penggalangan dana yang lebih baik dari
lembaga awqaf di komunitas Muslim serta negara. |
topic |
Waqf fundraising Management Traditional method of fundraising Modern method of fundraising |
url |
http://ijims.iainsalatiga.ac.id/index.php/ijims/article/view/1803 |
work_keys_str_mv |
AT muhammadshulthoni waqffundraisingmanagementaconceptualcomparisonbetweentraditionalandmodernmethodsinthewaqfinstitutions AT normamdsaad waqffundraisingmanagementaconceptualcomparisonbetweentraditionalandmodernmethodsinthewaqfinstitutions |
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