2020
DOI: 10.1108/jiabr-05-2017-0064
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Privileging downward accountability in Waqf management

Abstract: Purpose This paper aims to argue for the need of beneficiaries’ involvement in matters impacting them. The current effort to improve waqf management and the trend of waqf studies seems to focus on waqf financing/investment using sophisticated financial tools and inviting participation from business entities. There was no conscious effort to engage the beneficiaries/public as the means to inform and improve the way waqf properties are managed despite it being, arguably, the primary stakeholder. Design/methodo… Show more

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Cited by 28 publications
(31 citation statements)
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“…Some of the challenges in managing waqf according to Laallam et al (2020), among others, include lack of accountability, lack of funding, mismanagement and lack of trained labor, where intellectual capital is among the most important for the efficiency and effectiveness of waqf institution operation. Meanwhile, Osman and Agyemang (2020) highlighted the need of beneficiaries/public involvement to improve the waqf management and ensure that the beneficiaries receive the benefits effectively.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Some of the challenges in managing waqf according to Laallam et al (2020), among others, include lack of accountability, lack of funding, mismanagement and lack of trained labor, where intellectual capital is among the most important for the efficiency and effectiveness of waqf institution operation. Meanwhile, Osman and Agyemang (2020) highlighted the need of beneficiaries/public involvement to improve the waqf management and ensure that the beneficiaries receive the benefits effectively.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Based on the results of the meta-analysis of the above data, the following information was gleaned from previous research on the evolution of the field: First, research on waqf management continues to advance from year to year, particularly in terms of collection (Shulthoni & Saad, 2018), management (Osman & Agyemang, 2020), and distribution of the benefits of waqf assets to improve the socioeconomic life of the community (Hossain, 2020;Medias, Rahman, Susamto, & Pambuko, 2021;Shahriar et al, 2018). However, this success must be continuously evaluated on several points, including (1) the lack of an appropriate standard to measure the performance of waqf institutions (Noordin et al, 2017), so as to increase the level of public trust to become a waqif in private and public waqf institutions (R. Hasan, Ahmad, and Siraj, 2020).…”
Section: Source: Vosviewer Applicationmentioning
confidence: 99%
“…Zain and Sori (2020) designed a potential sustainable and responsible investment (SRI) Sukuk model and sought the opinion of subject-matter experts and industry practitioners on the model, its attractiveness to investors, and its feasibility of its implementation in Malaysia. Osman and Agyemang (2020) argued for the involvement of beneficiaries in matters that impact them.…”
Section: Literature Reviewmentioning
confidence: 99%