Proposed improvements to Istibdal implementation management in the state of Penang

Muhamad Rozaimi Ramle

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Type :	Article
Subject :	H Social Sciences (General)
ISBN :	1755-4179
Main Author :	Muhamad Rozaimi Ramle
Title :	Proposed improvements to Istibdal implementation management in the state of Penang
Hits :	102

Place of Production :	Tanjung Malim
Publisher :	Fakulti Sains Kemanusiaan
Year of Publication :	2024
Notes :	Qualitative Research in Financial Markets
Corporate Name :	Universiti Pendidikan Sultan Idris
HTTP Link :	Click to view web link
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Abstract : Universiti Pendidikan Sultan Idris

Purpose – This study aims to examine the factors of implementing istibdal waqf and generating cash waqf funds through istibdal in Penang.This study was based on the previous problemstatements, stating that waqf property could not be developed due to lack of cash funds. This has allowed the study to explore the factors for implementing istibdal waqf property and the extent towhich the istibdal method can generate cash waqf funds in Penang. Design/methodology/approach – This study adopted a qualitative method by conducting semistructured interviews to achieve its research goals. Semi-structured interviews were conducted to comprehensively understand the current practice on istibdal cases in Penang State Islamic Religious Council (MAINPP) through official institutions concerned with waqf management practices in Penang. This research relied on purposive sampling to select the informants. It is a sampling strategy to select the informants in advance based on the research question. To achieve the purpose of this study, two officers from MAINPP were selected based on their working experience and specialisation criteria. As a result, several themes were successfully defined from the interview data before being analysed based on the content analysis method.

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