Al-Kharaj: Journal of Islamic Economic and Business
Vol 3, No 2 (2021)

Empowering Educational Waqf : Development and Prospects for Private Higher Education Institutions

busry lydiawaty (universiti islam pahang sultan ahmad shah)
Majid Nurul (universiti utara malaysia)
Mujahidin Mujahidin (Institut Agama Islam Negeri (IAIN) Palopo)



Article Info

Publish Date
19 Dec 2021

Abstract

This article seeks to reinstate the concept of educational waqf in recognition of student-related financial difficulties, especially during the era of the covid-19 pandemic. Malaysia and Indonesia promote higher education among their muslim communities. However, issues of sustainability in private higher education will require some effort in the related muslim communities for the empowerment of the educational waqf for future generations. These efforts will benefit not just the students, but also the institutions of education themselves to enhance the national civilization of one country. Al-Azhar University is an example of an institution founded on waqf property, and a symbol as the world's primary and most successful Islamic higher education system due to waqf contributions. Higher education facilities are costly to operate since they need the development of permanent infrastructures such as mosques, academic and administrative buildings, dormitories, and libraries. Additionally, both physical infrastructure maintenance and human skill development need considerable financial commitment. As a result of this reality, this article contributes to a better understanding of the role of educational waqf for institutions of higher learning, particularly private universities or colleges as well as the prospects and sustainability of the institutions for the muslim community.

Copyrights © 2021






Journal Info

Abbrev

alkharaj

Publisher

Subject

Economics, Econometrics & Finance

Description

Al-Kharaj, Journal of Islamic Economic and Business is peer-reviewed journal published by program studi ekonomi syariah , Institut Agama Islam Negeri (IAIN) Palopo. Al-Kharaj focus on the research of Islamic Economic and Business. The aims of this journal is to explore and develop economic related ...