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All Journal JURNAL SYARIKAH : JURNAL EKONOMI ISLAM
Dausa, Jarita
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Economics, Econometrics & Finance

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CROWDFUNDING FOR DEVELOPING WAQF LAND A STUDY ON MALAYSIA Hapsari, Meri Indri; Bin, Mohamed Asmy; Muhammad, Mustafa Omar; Dausa, Jarita
JURNAL SYARIKAH : JURNAL EKONOMI ISLAM Vol. 6 No. 1 (2020): Jurnal Syarikah
Publisher : Program Studi Ekonomi Islam FEI UNIDA Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30997/jsei.v6i1.2502

Abstract

This present study aims to develop an alternative model of financing that address theproblems of waqf land financing in Malaysia, analyse the probability that waqf institutionwill use the proposed model and recommend policies to enhance the optimisation ofcrowdfunding for developing waqf land. This study focuses on potential donors in the fourstates in Malaysia, namely Pahang, Pulau Pinang, Selangor and Johor since these areas havesignificant waqf lands. The analysis is conducted using statistical analysis and logisticregression analysis. The study finds that there is a high probability of donors willing to usethe proposed model (CWM), particularly among non-married donors, females, low-middleincome donors, and those with more awareness of crowdfunding and waqf.
Co-Authors Bin, Mohamed Asmy Meri Indri Hapsari, Meri Indri Muhammad, Mustafa Omar