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Waqf for poverty alleviation : challenges and opportunities
Author
Source
Islamic Research and Training Institute
Issue
Vol. 2014, Issue 1-2, 7-11, 13-20 (31 Dec. 2014), pp.1-15, 15 p.
Publisher
Islamic Development Bank (IDB) Islamic Research and Training Institute (IRTI)
Publication Date
2014-12-31
Country of Publication
Saudi Arabia
No. of Pages
15
Main Subjects
Sociology and Anthropology and Social Work
Topics
Abstract EN
This Study seeks to adapt the framework practiced by various MDBs particularly international Development Association (IDA) to the potential establishment of Gobal Waqf fund as this framework is proven to be effective.
The framework revolves around the IDA operations with replenishments, allocation of funds by implementing specific formulas and the determination approach which is mainly to monitor effectiveness of the earlier processes.
Apart from this framework, it is suggested that a good governance system also plays a vital role in the raising and managing of the global waqf funds.
This research is purely qualitative in nature by studying the mechanisms used in IDA and other MDBs and drawing their examples and experiences.
The lessons learnt are meant to complement further the fundamentals of Waqf.
This study finally proposes indicators that integrate with the targets of an Islamic vision of development, which could facilitate the allocation of funds.
The steps to raise funds for global waqf fund are also proposed with the objective of creating more effective approach for raising of funds for a global Waqf fund.
American Psychological Association (APA)
Ali, Khalifah Muhammad. 2014. Waqf for poverty alleviation : challenges and opportunities. Islamic Research and Training Institute،Vol. 2014, no. 1-2, 7-11, 13-20, pp.1-15.
https://search.emarefa.net/detail/BIM-904220
Modern Language Association (MLA)
Ali, Khalifah Muhammad. Waqf for poverty alleviation : challenges and opportunities. Islamic Research and Training Institute No. 1-2, 7-11, 13-20 (2014), pp.1-15.
https://search.emarefa.net/detail/BIM-904220
American Medical Association (AMA)
Ali, Khalifah Muhammad. Waqf for poverty alleviation : challenges and opportunities. Islamic Research and Training Institute. 2014. Vol. 2014, no. 1-2, 7-11, 13-20, pp.1-15.
https://search.emarefa.net/detail/BIM-904220
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 13-15
Record ID
BIM-904220