Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship Context
The concept of Islamic entrepreneurship centers on ensuring community well-being as the priority, which is one of the important objectives (Maqasid) of the Islamic Shari’ah. Historically, waqf played a significant role in the Islamic economic system, particularly in rendering exemplary welfare...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | Arabic |
| Published: |
Universiti Sultan Azlan Shah
2018-01-01
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| Series: | Global Journal Al-Thaqafah |
| Subjects: | |
| Online Access: | http://www.gjat.my/gjat2018si/SI2018-06.pdf |
| _version_ | 1818979874487926784 |
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| author | Md. Mahmudul Alam Shawon Muhammad Shahriar Jamaliah Said Mohammad Monzur-E-Elahi |
| author_facet | Md. Mahmudul Alam Shawon Muhammad Shahriar Jamaliah Said Mohammad Monzur-E-Elahi |
| author_sort | Md. Mahmudul Alam |
| collection | DOAJ |
| description | The concept of Islamic entrepreneurship
centers on ensuring community well-being
as the priority, which is one of the important
objectives (Maqasid) of the Islamic Shari’ah.
Historically, waqf played a significant role in
the Islamic economic system, particularly in
rendering exemplary welfare services in the
areas of healthcare, education, social welfare,
environmental, and other community-based
programs. However, only a few success stories
in recent history have institutionally utilized the
properties of waqf under proper management
to achieve its substantial objectives. This study
uses the literature review as basis to analyze
the reasons behind the successful utilization
of waqf as an effective tool to ensure social
welfare services in the past, as well as how this
model can be replicated by considering current
contexts. This study will assist Islamic valuecentric
entrepreneurs, regulatory authorities,
investors, and researchers to gain an overall
insight into the potentials of waqf as a tool for
rendering commendable social welfare services. |
| first_indexed | 2024-12-20T17:06:28Z |
| format | Article |
| id | doaj.art-579c53dc022b4d12bb2c176f51127dbc |
| institution | Directory Open Access Journal |
| issn | 2232-0474 2232-0482 |
| language | Arabic |
| last_indexed | 2024-12-20T17:06:28Z |
| publishDate | 2018-01-01 |
| publisher | Universiti Sultan Azlan Shah |
| record_format | Article |
| series | Global Journal Al-Thaqafah |
| spelling | doaj.art-579c53dc022b4d12bb2c176f51127dbc2022-12-21T19:32:16ZaraUniversiti Sultan Azlan ShahGlobal Journal Al-Thaqafah2232-04742232-04822018-01-0181879810.7187/GJATSI2018-06Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship ContextMd. Mahmudul Alam0Shawon Muhammad Shahriar1Jamaliah Said2Mohammad Monzur-E-Elahi3Universiti Utara Malaysia (UUM), MalaysiaNational University of Malaysia (UKM), MalaysiaUniversiti Teknologi MARA, Shah Alam, MalaysiaNational University Gazipur, BangladeshThe concept of Islamic entrepreneurship centers on ensuring community well-being as the priority, which is one of the important objectives (Maqasid) of the Islamic Shari’ah. Historically, waqf played a significant role in the Islamic economic system, particularly in rendering exemplary welfare services in the areas of healthcare, education, social welfare, environmental, and other community-based programs. However, only a few success stories in recent history have institutionally utilized the properties of waqf under proper management to achieve its substantial objectives. This study uses the literature review as basis to analyze the reasons behind the successful utilization of waqf as an effective tool to ensure social welfare services in the past, as well as how this model can be replicated by considering current contexts. This study will assist Islamic valuecentric entrepreneurs, regulatory authorities, investors, and researchers to gain an overall insight into the potentials of waqf as a tool for rendering commendable social welfare services.http://www.gjat.my/gjat2018si/SI2018-06.pdfwaqfIslamic entrepreneurshipsocial entrepreneurshipsocial welfarethirdsector economy |
| spellingShingle | Md. Mahmudul Alam Shawon Muhammad Shahriar Jamaliah Said Mohammad Monzur-E-Elahi Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship Context Global Journal Al-Thaqafah waqf Islamic entrepreneurship social entrepreneurship social welfare thirdsector economy |
| title | Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship Context |
| title_full | Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship Context |
| title_fullStr | Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship Context |
| title_full_unstemmed | Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship Context |
| title_short | Waqf as a Tool for Rendering Social Welfare Services in the Social Entrepreneurship Context |
| title_sort | waqf as a tool for rendering social welfare services in the social entrepreneurship context |
| topic | waqf Islamic entrepreneurship social entrepreneurship social welfare thirdsector economy |
| url | http://www.gjat.my/gjat2018si/SI2018-06.pdf |
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