A Case Study Of Idle Waqf Asset In Perak
Its proper administration of waqf properties in Perak state, Malaysia, is overseen by institutions such as the Islamic Religious Council and Perak Malay Custom (MAIPk). Although they have the potential to enhancing economic growth and social well-being, the majority of waqf properties are not fully utilized because of inefficient management procedures, lack of proper documentation, and legal discrepancies. This paper examines the causes of the non-use of waqf properties in Perak and calls for a multi-pronged approach in activating their use. Based on the study, capacity building for programs, public-private partnerships, reform of the law, and creative financing schemes are identified as the main strategies for unlocking the potential of these dormant assets to benefit the community.
Authors
- Mahyuddin Khalid
- Mohd Ashrof Zaki Yaakob (ORCID: https://orcid.org/0000-0003-4965-426X)
- Azri Bhari
- Mohd Yusra Abdullah
- Mohd Faiz Mohamed Yusof
- Nur Aisyah Mardhiah Mohd Azril Shukri
Institutions
- Wisconsin Alumni Research Foundation (US)
- Marymount University (US)
Publication Details
- Journal
- al-Qanatir International Journal of Islamic Studies
- Published
- 2025-08-04
- DOI
- https://doi.org/10.64757/alqanatir.2025.3404/1220
- Primary Topic
- Islamic Finance and Banking Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00