Publication:
Redevelopment of idle waqf property through fintech technology: case of Malaysia
Abstract
Cash waqf has the potential to alleviate social issues and to enable awqaf organizations developing idle waqf properties and hence eliminating such problem. This can be achieved if the financial technologies solutions are embedded in waqf system. Thus, awqaf properties are facing several challenges when it comes to fundraising and transparency that we aim to resolve to efficiently ease its implementation. The main purpose of this study is to explore the potential of crowdfunding and blockchain technology in solving fundraising and transparency. This study adopts a qualitative method using semi-structured interviews with five experts and academicians in fintech and Islamic finance, moreover, a survey was conducted collecting the responses from 101 participants. This is to explore issues facing idle waqf and the potential of implementing blockchain and crowdfunding technologies to overcome issues pertaining to fundraising and transparency ...
Keywords
Idle waqf property , Fintech , Malaysia , Project paper (MSc)
Citation
Azganin, H. (2019). Redevelopment of idle waqf property through fintech technology: case of Malaysia (Master dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/3144
Publisher
INCEIF
Available in physical copy only (Call number: t BP 170.25 A994)