An analysis of regulation and governance for funeral social fund in Malaysia

The funeral expense is becoming expensive. It will lead to funeral poverty whereby the next of kin of the deceased face difficulty paying funeral expenses. Increasing numbers of people seek financial management advice following bereavement, which can have a long-term effect on the grief experience a...

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Main Authors: Azrul Azlan Iskandar Mirza, Nurul Hanis Kamarudin, Khairil Faizal Khairi, Syadiyah Abdul Shukor, Nurul Aini Muhamed, Ahmad Fadly Nurullah Rasedee, Muhammad Suhaimi, Nuur Halimatus Saadiah Masrukhin, Aimi Fadzirul Kamarubahrin
Format: Article
Language:Indonesian
Published: Universitas Negeri Surabaya 2022-01-01
Series:al-Uqud: Journal of Islamic Economics
Subjects:
Online Access:https://journal.unesa.ac.id/index.php/jie/article/view/10674
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author Azrul Azlan Iskandar Mirza
Nurul Hanis Kamarudin
Khairil Faizal Khairi
Syadiyah Abdul Shukor
Nurul Aini Muhamed
Ahmad Fadly Nurullah Rasedee
Muhammad Suhaimi
Nuur Halimatus Saadiah Masrukhin
Aimi Fadzirul Kamarubahrin
author_facet Azrul Azlan Iskandar Mirza
Nurul Hanis Kamarudin
Khairil Faizal Khairi
Syadiyah Abdul Shukor
Nurul Aini Muhamed
Ahmad Fadly Nurullah Rasedee
Muhammad Suhaimi
Nuur Halimatus Saadiah Masrukhin
Aimi Fadzirul Kamarubahrin
author_sort Azrul Azlan Iskandar Mirza
collection DOAJ
description The funeral expense is becoming expensive. It will lead to funeral poverty whereby the next of kin of the deceased face difficulty paying funeral expenses. Increasing numbers of people seek financial management advice following bereavement, which can have a long-term effect on the grief experience and an individual's ability to manage. More should be done to encourage people on low incomes to prepare for death through simple advice and guidance. In Malaysia, a funeral social fund such as the Khairat death fund, in general, is financial assistance that is a grant to the family of the deceased for covering the cost and expenses of funeral processes. Khairat death fund was managed by community members or organizations in the areas. However, all this Khairat death organization moving with their own way as there is no legal jurisprudence as guidance to regulate and to be more systematic and synchronize management. Hence, this study will review regulation and governance for the funeral social fund in Malaysia.
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spelling doaj.art-ee608716cc5544c2b8c93af72ef3d3ca2023-03-26T08:33:25ZindUniversitas Negeri Surabayaal-Uqud: Journal of Islamic Economics2549-08502548-35442022-01-0161142210.26740/aluqud.v6n1.p14-228416An analysis of regulation and governance for funeral social fund in MalaysiaAzrul Azlan Iskandar Mirza0Nurul Hanis Kamarudin1Khairil Faizal Khairi2Syadiyah Abdul Shukor3Nurul Aini Muhamed4Ahmad Fadly Nurullah Rasedee5Muhammad Suhaimi6Nuur Halimatus Saadiah Masrukhin7Aimi Fadzirul Kamarubahrin8Universiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaUniversiti Sains Islam MalaysiaThe funeral expense is becoming expensive. It will lead to funeral poverty whereby the next of kin of the deceased face difficulty paying funeral expenses. Increasing numbers of people seek financial management advice following bereavement, which can have a long-term effect on the grief experience and an individual's ability to manage. More should be done to encourage people on low incomes to prepare for death through simple advice and guidance. In Malaysia, a funeral social fund such as the Khairat death fund, in general, is financial assistance that is a grant to the family of the deceased for covering the cost and expenses of funeral processes. Khairat death fund was managed by community members or organizations in the areas. However, all this Khairat death organization moving with their own way as there is no legal jurisprudence as guidance to regulate and to be more systematic and synchronize management. Hence, this study will review regulation and governance for the funeral social fund in Malaysia.https://journal.unesa.ac.id/index.php/jie/article/view/10674funeralsocial fundregulationgovernance.
spellingShingle Azrul Azlan Iskandar Mirza
Nurul Hanis Kamarudin
Khairil Faizal Khairi
Syadiyah Abdul Shukor
Nurul Aini Muhamed
Ahmad Fadly Nurullah Rasedee
Muhammad Suhaimi
Nuur Halimatus Saadiah Masrukhin
Aimi Fadzirul Kamarubahrin
An analysis of regulation and governance for funeral social fund in Malaysia
al-Uqud: Journal of Islamic Economics
funeral
social fund
regulation
governance.
title An analysis of regulation and governance for funeral social fund in Malaysia
title_full An analysis of regulation and governance for funeral social fund in Malaysia
title_fullStr An analysis of regulation and governance for funeral social fund in Malaysia
title_full_unstemmed An analysis of regulation and governance for funeral social fund in Malaysia
title_short An analysis of regulation and governance for funeral social fund in Malaysia
title_sort analysis of regulation and governance for funeral social fund in malaysia
topic funeral
social fund
regulation
governance.
url https://journal.unesa.ac.id/index.php/jie/article/view/10674
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