The Mechanisms and Impact Of Islamic Generosity (Waqf) Behaviour In Islamic Social Finance Institution
(Impact Of Conditional Cash Transfer Intervention On Poverty And Environment Conservation: A Scoping Review)
Author
Mohd Burhan Yusof
Jabatan Perdagangan, Politeknik Sultan Idris Shah (PSIS)
Nashirah Abu Bakar
Islamic Business School, Universiti Utara Malaysia (UUM)
Hydzulkifli Hashim
Islamic Business School, Universiti Utara Malaysia (UUM)
DOI :
Keywords :Islamic generosity, generosity behaviour
Abstract : Islam is a comprehensive religion that provides guidance for Muslims on how to live in this world while also preparing for the hereafter’s eternal life. Islam has established a system of distributing resources via mandatory and voluntary acts of generosity, with the aim of maintaining social stability within the Ummah and simultaneously seeking eternal benefits in the hereafter. This study aims to explore the mechanisms and impact of Islamic generosity, namely via the practice of Waqf and other instruments include Zakat, Mandatory Infaq, Sadaqah, Wasiyyah, and Hibah in Islamic social finance institutions. The ultimate purpose of this contribution is to earn Allah’s pleasure. This present study is grounded on a comprehensive examination of previous scholarly investigations pertaining to the phenomenon of Islamic generosity. By examining the historical and contemporary significance of Islamic generosity mechanism, this research seeks to shed light on the ways in which this behaviour contributes to the functioning and development of Islamic social finance institution. Subsequently, this paper also provides suggestions for further investigations pertaining to the phenomenon of Islamic generosity behaviour.
Journal Specification
The Journal of Awqaf, Zakat, and Hajj (Jawhar) is registered in MyJurnal, an online system by the Citation and Infometric Division, the Higher Education Department, MoHE. MyJurnal indexes Malaysian journals and provides bibliographic data and full-text articles across various disciplines, including Arts & Humanities, Engineering & Technology, Medical & Health Sciences, Sciences and Social Sciences.