Proposed model for the Implementation of sadaqa house as banking product or service
Joint Authors
Hamidi, Latifah Bibi Musafar
Miskami, Surianom
Source
International Journal of Islamic Economics and Finance Studies
Issue
Vol. 2, Issue 2 (31 Jul. 2016), pp.1-12, 12 p.
Publisher
Centre of Political Economical and Social Research
Publication Date
2016-07-31
Country of Publication
Turkey
No. of Pages
12
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
Abstract EN
This study is conducted to suggest a suitable model for implementing Sadaqa House as a banking product or service.
The concept ofSadaqa House was introduced by Dato Dr.
Abdul Halim Ismail during his speech at Global Islamic Finance Forum in 2014.
In his speech, he proposed to the banks to embark on efforts to develop product and services to meet the financial requirements and demand for social welfare sector.
He suggested that the Sadaqa House to be operated in the Islamic banking system and in the Islamic capital market.
He also suggested that the Sadaqa House to be under the supervision of Bank Negara or the Security Securities Commission.
Taking into consideration of his brilliant idea, this study explore the suitable model for the implementation of Sadaqa House as a banking product or service.
The study has designed a framework for Sadaqa House in the Islamic banking sector based from the Investment Model.
The model is identified that suitable for the implementation of Sadaqa House since it has a similar concept.
Islamic banks may use the infrastructure and system ofinvestment model to start with Sadaqa Hous.
American Psychological Association (APA)
Hamidi, Latifah Bibi Musafar& Miskami, Surianom. 2016. Proposed model for the Implementation of sadaqa house as banking product or service. International Journal of Islamic Economics and Finance Studies،Vol. 2, no. 2, pp.1-12.
https://search.emarefa.net/detail/BIM-788564
Modern Language Association (MLA)
Hamidi, Latifah Bibi Musafar& Miskami, Surianom. Proposed model for the Implementation of sadaqa house as banking product or service. International Journal of Islamic Economics and Finance Studies Vol. 2, no. 2 (Jul. 2016), pp.1-12.
https://search.emarefa.net/detail/BIM-788564
American Medical Association (AMA)
Hamidi, Latifah Bibi Musafar& Miskami, Surianom. Proposed model for the Implementation of sadaqa house as banking product or service. International Journal of Islamic Economics and Finance Studies. 2016. Vol. 2, no. 2, pp.1-12.
https://search.emarefa.net/detail/BIM-788564
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 12
Record ID
BIM-788564