Hassan Busry, Lydiawaty and Abdul Majid, Nurul Huda (2020) Waqf Education for Private Universities in Malaysia: Development and Prospects. In: 3rd UUM International Islamic Business Management Conference 2020 (IBMC 2020), 24 - 30 September 2020, Islamic Business School UUM, Malaysia.

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Abstract

Waqf plays a crucial role in the growth of a higher education institution and also creates excellent human capital. Nowadays, fees at higher education institutions, particularly private education institutions, are very high and mostly burden the students. Existing educational financial aid cannot afford the entire cost of the tuition fees. History has proven that the waqf can provide better economic, educational and social support to Muslims. Most of the educational institutions in West Asia have long used endowed property for the management, expenditure and construction of universities.Therefore, it is not surprising that the fees paid by students are relatively low and not burdensome, apart from providing continuous benefits to donator who endow their property. Driven by that fact, this article aims to restore awareness of waqf towards education in overcoming issues related to students, including sustainability in private higher education. This study provides a better understanding for private higher educational institutions towards waqf in education. It is important as the starting point to empower waqf for the benefit of future generations. It does not only give advantages to the students but also to the growth of the institutions itself

Item Type:	Conference or Workshop Item (Paper)
Uncontrolled Keywords:	Waqf, endowment, higher education
Subjects:	B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc
Divisions:	Islamic Business School
Depositing User:	Mr. Izhar Hj. Hashim
Date Deposited:	02 Mar 2026 13:53
Last Modified:	02 Mar 2026 13:53
URI:	https://repo.uum.edu.my/id/eprint/32735

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