Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, Nigeria
Cash waqf was introduced as an alternative for individuals who do not have an immovable asset but rather have the cash to donate as waqf. It can be observed, however, that Muslims in Kano State narrow their perception of waqf only to be in the form of a kind but not in cash. It is to say that public...
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| Format: | Article |
| Language: | English |
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Universitas Muhammadiyah Yogyakarta
2023-01-01
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| Series: | International Journal of Islamic Economics and Finance |
| Subjects: | |
| Online Access: | https://journal.umy.ac.id/index.php/ijief/article/view/16966 |
| _version_ | 1797856366218444800 |
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| author | Aliyu Dahiru Muhammad Jibril Lawan Alkassim Sagir Muhammad Sulaiman |
| author_facet | Aliyu Dahiru Muhammad Jibril Lawan Alkassim Sagir Muhammad Sulaiman |
| author_sort | Aliyu Dahiru Muhammad |
| collection | DOAJ |
| description | Cash waqf was introduced as an alternative for individuals who do not have an immovable asset but rather have the cash to donate as waqf. It can be observed, however, that Muslims in Kano State narrow their perception of waqf only to be in the form of a kind but not in cash. It is to say that public awareness and understanding of cash waqf are insignificant. Therefore, this study aims to assess factors influencing the intention to accept cash waqf among entrepreneurs in the Kano metropolis with particular reference to Singer Market. The study employed partial least square–structural equation modeling (PLS-SEM) and was theoretically guided by the Theory of Planned Behavior (TPB). Structured survey questionnaires were administered to 379 respondents whom were registered entrepreneurs in Singer Market based on a convenience non-probability sampling technique. Descriptive statistics using charts and tables were employed to analyze the demographic information, while data collected from the respondents were analyzed utilizing AMOS, version 21. The study uncovered that perceived behavioral control and religiosity significantly influenced the intention to accept cash waqf among entrepreneurs in Singer Market in Kano Metropolis, while awareness and attitude did not. This paper recommends that the management of the Kano State Zakat and Hubsi Commission (KSZHC) should establish sensitization programs to create awareness and promote cash waqf for the public to mobilize more potential waqf donors in the state. |
| first_indexed | 2024-04-09T20:39:15Z |
| format | Article |
| id | doaj.art-9104c09d520e4468b083f3306908e790 |
| institution | Directory Open Access Journal |
| issn | 2622-3562 2622-4372 |
| language | English |
| last_indexed | 2024-04-09T20:39:15Z |
| publishDate | 2023-01-01 |
| publisher | Universitas Muhammadiyah Yogyakarta |
| record_format | Article |
| series | International Journal of Islamic Economics and Finance |
| spelling | doaj.art-9104c09d520e4468b083f3306908e7902023-03-30T05:41:36ZengUniversitas Muhammadiyah YogyakartaInternational Journal of Islamic Economics and Finance2622-35622622-43722023-01-016110.18196/ijief.v6i1.169666499Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, NigeriaAliyu Dahiru Muhammad0Jibril Lawan Alkassim1Sagir Muhammad Sulaiman2Department of Economics, Bayero University KanoInternational Institute of Islamic Banking and Finance (IIIBF), Bayero University KanoBayero University, Kano. NigeriaCash waqf was introduced as an alternative for individuals who do not have an immovable asset but rather have the cash to donate as waqf. It can be observed, however, that Muslims in Kano State narrow their perception of waqf only to be in the form of a kind but not in cash. It is to say that public awareness and understanding of cash waqf are insignificant. Therefore, this study aims to assess factors influencing the intention to accept cash waqf among entrepreneurs in the Kano metropolis with particular reference to Singer Market. The study employed partial least square–structural equation modeling (PLS-SEM) and was theoretically guided by the Theory of Planned Behavior (TPB). Structured survey questionnaires were administered to 379 respondents whom were registered entrepreneurs in Singer Market based on a convenience non-probability sampling technique. Descriptive statistics using charts and tables were employed to analyze the demographic information, while data collected from the respondents were analyzed utilizing AMOS, version 21. The study uncovered that perceived behavioral control and religiosity significantly influenced the intention to accept cash waqf among entrepreneurs in Singer Market in Kano Metropolis, while awareness and attitude did not. This paper recommends that the management of the Kano State Zakat and Hubsi Commission (KSZHC) should establish sensitization programs to create awareness and promote cash waqf for the public to mobilize more potential waqf donors in the state.https://journal.umy.ac.id/index.php/ijief/article/view/16966cash waqfstructural equation modellingtheory of planned behaviourwaqf acceptancenigeria |
| spellingShingle | Aliyu Dahiru Muhammad Jibril Lawan Alkassim Sagir Muhammad Sulaiman Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, Nigeria International Journal of Islamic Economics and Finance cash waqf structural equation modelling theory of planned behaviour waqf acceptance nigeria |
| title | Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, Nigeria |
| title_full | Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, Nigeria |
| title_fullStr | Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, Nigeria |
| title_full_unstemmed | Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, Nigeria |
| title_short | Cash Waqf Acceptance Among Entrepreneurs in Kano Metropolis, Nigeria |
| title_sort | cash waqf acceptance among entrepreneurs in kano metropolis nigeria |
| topic | cash waqf structural equation modelling theory of planned behaviour waqf acceptance nigeria |
| url | https://journal.umy.ac.id/index.php/ijief/article/view/16966 |
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