Work

Philanthropic Commitment Traits for Waqf in Higher Education

Year: 2017
Type: article
Study design: Observational Study
Abstract: Philanthropic commitment in the form of waqf is important particularly among younger working adults in ensuring sustainable flow of funds for charitable purposes.One of the vital usages of such funds is funding for higher education.A question is raised on the commitment of younger adults in such giving.This study examines waqf commitment traits among waqif (waqf contributors) for higher education funding.The specific objective of this study is to measure the factors that influence the waqif to contribute their property or income into waqf for higher education fund.For the purpose of this study, 400 questionnaires have been distributed to working young adult respondents in the Klang Valley area.Waqf commitment attributes comprising of Religiosity, Trust, Altruism, Personal Characteristics, Self-Image, Psychological Benefits, Social Norms and Personal Satisfaction are examined.The findings reveal that Religiosity, Altruism, Personal Satisfaction and Commitment are significant attributes in explaining waqf commitment.However, Trust and Social Norm are not significant.
Language: English
Subfield: Accounting
Open Access status: gold
Estimated APC paid: $250
OpenAlex ID: W2792863513
FWCI: 1.54
Cites: 13
Cited by: 12
Related to: 10