The role of governance in analysing waqf performance

Mohd Zeni, Nur Azni and Abdul Kadir, Mohd Rizuan and Sapuan, Noraina Mazuin (2022) The role of governance in analysing waqf performance. In: Lecture Notes in Networks and Systems; International Conference on Business and Technology, ICBT 2021 , 6 - 7 November 2021 , Istanbul. 283 -303., 487 (280249). ISSN 2367-3370 ISBN 978-303108083-8

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Abstract

Over the years, waqf institutions have played an essential role in addressing a wide range of socio-economic development for the ummah (society) all over the world. The growth of waqf with time has led to increasing expectations surrounding the role of waqf institutions. Nevertheless, there has been an inefficiency issue regarding waqf institutions in Malaysia. The literature em-phasises that inefficiency is usually associated with internal factors such as governance and management. Hence, the present study examines whether governance moderates the relationship between human capital in Waqf insti-tution and waqf regulations (both as a proxy of waqf management attribute) with waqf institutions' performance in Malaysia. The current research em-ployed a quantitative research methodology by analysing a selected sample of 99 respondents in waqf institutions. The developed model was tested us-ing the Structural Equation Model (SEM) technique through the Partial Least Square (PLS) approach. The results revealed a positive relationship be-tween waqf management attribute and waqf performance, which becomes stronger with high governance. Moreover, it should be noted that the use of governance as a moderator between waqf management attribute and waqf performance is very limited in past research. Therefore, the present study's result is expected to enhance the understanding of existing conceptual literature on the importance of governance in influencing the relationship be-tween waqf management attributes and waqf institutions' performance in Malaysia.

Item Type: Conference or Workshop Item (Lecture)
Additional Information: Indexed by Scopus
Uncontrolled Keywords: Human capital; Malaysia; Waqf governance; Waqf performance; Waqf regulations
Subjects: B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc
H Social Sciences > H Social Sciences (General)
Faculty/Division: Faculty of Industrial Management
Depositing User: Dr. Noraina Mazuin Sapuan
Date Deposited: 17 Apr 2023 06:42
Last Modified: 17 Apr 2023 06:42
URI: http://umpir.ump.edu.my/id/eprint/32887
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