Toward developing a model of stakeholder trust in Waqf institutions
Joint Authors
Hasan, Rashidul
Siraj, Siti Alawiah
Source
Publisher
Islamic Development Bank (IDB) Islamic Research and Training Institute (IRTI)
Publication Date
2017-04-30
Country of Publication
Saudi Arabia
No. of Pages
25
Main Subjects
Economics & Business Administration
English Abstract
Sustainability of Waqf institutions for poverty alleviation depends directly or indirectly on the donations received from the donors and the awareness of the society.
This conceptual paper is an attempt to construct a model of stakeholder trust that could provide valuable insight on the issues that should be focused by the regulators, the mutawallis and the waqifs for ensuring a sustainability of waqf Institutions.
The Modified Key Mediating Variable (MKMV) Model proposed in the paper includes a total number of eight variables.
Commitment-trust theory is combined with Islamic Accountability and Stewardship theory toward shaping three conceptual models of trust into a much-needed unified model for exploring trust in the context of waqf institutions.
Stakeholder trust is positioned as a mediator between independent (board benevolence, board ability, board integrity, board opportunism, communication and accountability) and the dependent variable (stakeholder commitment).
Empirical results to support the model could not be provided due to the conceptual nature of the paper.
The model can provide direction for reform towards sustainability of waqf institutions.
The model is general enough that it can also be used for other conventional and non-profit religious organisations.
Data Type
Conference Papers
Record ID
BIM-776572
American Psychological Association (APA)
Hasan, Rashidul& Siraj, Siti Alawiah. 2017-04-30. Toward developing a model of stakeholder trust in Waqf institutions. International Conference on Islamic Economics and Finance (11th : 2016 : Kuala Lumpur, Malaysia). . Vol. 25, no. (s) (Apr. 2017), pp.85-109.Jiddah Saudi Arabia : Islamic Research and Training Institute.
https://search.emarefa.net/detail/BIM-776572
Modern Language Association (MLA)
Hasan, Rashidul& Siraj, Siti Alawiah. Toward developing a model of stakeholder trust in Waqf institutions. . Jiddah Saudi Arabia : Islamic Research and Training Institute. 2017-04-30.
https://search.emarefa.net/detail/BIM-776572
American Medical Association (AMA)
Hasan, Rashidul& Siraj, Siti Alawiah. Toward developing a model of stakeholder trust in Waqf institutions. . International Conference on Islamic Economics and Finance (11th : 2016 : Kuala Lumpur, Malaysia).
https://search.emarefa.net/detail/BIM-776572