Factors that Affect Community in Contributing to Cash Waqf for Economic Development: A Structured Review

DOI

10.2991/978-2-38476-076-3_2How to use a DOI?

Keywords

Cash Waqf; Economic Development; Finance; Systematic Literature Review

Abstract

Considering the importance of cash waqf in developing waqf institutions and enhancing the socioeconomic of the ummah. Cash waqf is seen also as alternative sustainable finance in economic development. It is easier for the community to do waqf even if they don’t have land because cash waqf can be done as long as the individual has money. Research has shown that the factors that affect the community are important in ensuring the success of economic growth. Thus, this study aims to study and identify the factors that affect the community in contributing to cash waqf by conducting a Systematic Literature Review (SLR). This study employs three stages in conducting the SLR. It starts with identifying the review strategy where a search string is developed. A total of 736 publications from 2015 up to 2022 from three main academic databases, SCOPUS, Web of Science (WoS) and Springer were retrieved. After applying quality assessment criteria, 23 publications were qualified for analysis. Thematic analysis was then applied to thematically categorizes the identified factors. A large set of factors was identified in the literature. Identified factors were classified under seven main themes. These themes are; i) social influence; ii) system characteristics; iii) responsibility of waqf institution; iv) trustworthiness; v) religion; vi) individual behaviors; and vii) self-management. This study contributes theoretically by comprehensively identifying factors that affect the community in contributing to cash waqf. The findings also contribute empirically, particularly to the waqf institution, to help them understand what factors impact the community in might contribute to cash waqf and enhance their cash waqf collection to economic development.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Nurnazifa Gzahli
AU  - Hasyeilla Abd Mutalib
AU  - Afiffudin Mohammed Noor
PY  - 2023
DA  - 2023/07/29
TI  - Factors that Affect Community in Contributing to Cash Waqf for Economic Development: A Structured Review
BT  - Proceedings of the 4th International Conference on the Future of Asean 2023 (ICoFA 2023)
PB  - Atlantis Press
SP  - 5
EP  - 16
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-076-3_2
DO  - 10.2991/978-2-38476-076-3_2
ID  - Gzahli2023
ER  -