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Azlin Alisa Binti Ahmad
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Waqf-Based R&D Model for TVET Education: from Economicand Islamic Legal Perspectives Kamarzaman, Norshahira Binti; Azlin Alisa Binti Ahmad; Mohd Zamro Bin Muda
al-'adalah Vol 23 No 1 (2026): Al-'Adalah
Publisher : Universitas Islam Negeri Raden Intan Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24042/adalah.v231.26667

Abstract

Technical and Vocational Education and Training (TVET) institutions in Malaysia face significant funding challenges for research and development (R&D), creating a critical gap between industry needs and educational outcomes. This study proposes an innovative waqf (Islamic endowment) model as a sustainable financing solution for TVET and R&D in engineering education, specifically designed to address the research gap in Islamic financial instruments. The study employs a conceptual research methodology that combines a systematic literature review and comparative analysis, guided by six rigorous selection c integrated with the principles of Islamic economics and TVET. The findings suggest that a structured waqf R&D model utilising cash waqf, asset waqf, and industry-academia collaboration can provide sustainable funding while maintaining Sharia compliance. This model differs significantly from existing educational waqf frameworks by specifically addressing the unique needs of TVET institutions in the current industrial and technological landscape. The model's effectiveness depends on professional governance, Sharī’ah-compliant investments, and transparent distribution of benefits. This research has significant educational, economic, social, and institutional implications and provides actionable insights for policymakers and stakeholders seeking to bridge the funding gap in TVET education