Suraiya binti Hashim
Lecturer
School of Islamic Business
UUM College of Business
Universiti Utara Malaysia
suraiya@uum.edu.my

NO	NAME	INSTITUTION	FACULTY/SCHOOL/ CENTRE/UNIT
1	Assoc Prof. Dr. Norazlina Abd Wahab	UUM	College of Business
2	Mr. Mohd Saharudin Bin Shakrani	UUM	College of Business
3	Dr. Zairy Zainol	UUM	College of Business
4	Assoc Prof. Dr. Selamah Binti Maamor	UUM	College of Business
5	Dr. Hasyeilla Binti Abd Mutalib	UiTM	Faculty of Business Management

3 years (01 August 2016 – 31 July 2019)

Waqf is one of the benevolence charities that are highly encourage in Islam. Through the donated waqf property, the benefit will be provided to all of the beneficiaries directly or indirectly. Thus, all waqf property should be managed and administered efficiently. A good and effective institutional Mutawalli is capable not only to develop but also to utilize the property. However, most institutional Mutawalli are facing challenges in their governance practices, hence these properties are not being utilized to achieve their full impact to other beneficiaries. Therefore, the aim of this study are; (1) to understand the current utilization of waqf property among the institutional Mutawalli in Malaysia; (2) to explore the governance practices among institutional Mutawalli; and (3) To proposed waqf property utilization model by incorporating the thematic data among the institutional Mutawalli in Malaysia. A qualitative method applied in this study by using multiple case studies with purposive sampling where formal and semi structured interview conducted to the selective representative of institutional Mutawalli. The participants are those in leadership positions such as CEO and the top management of the institutional Mutawalli from various types of waqf institutions such as government, semi government, corporate/private and trustee board institution. Significant output from this study includes (i) Focusing on different types of institutions will reflect different implementation of waqf property utilization in Malaysia. (ii) The proposed waqf property utilization model which could assist the Malaysian government in its economic transformation program especially in waqf property. The model is capable of identifying the crucial characteristic in the waqf property which needs to possess and/or reduce the gaps so that Malaysia has similar characteristics in utilizing the waqf property with other successful countries. (iii) The proposed utilization model could benefit the policy makers, institutional Mutawalli and development strategies across the globe to clearly identify the important interdependent characteristics and assist them to undertake structural changes and help them attain growth performance.

1. To understand the current utilization of waqf property among the institutional Mutawalli in Malaysia.
2. To proposed waqf property utilization model by incorporating the thematic data among the institutional Mutawalli in Malaysia.
3. To test the reliability and feasibility of the proposed model to ascertain its enhanced empirical capability that would improve the understanding of growth and utilization process of waqf property among the institutional Mutawalli in Malaysia.

1. Talent:
   • 2 Masters
     1. Muhammad Fahmie Abdullah (Graduated)
     2. Ummi Shahirah Bt Mamat Yusof (Graduated)
2. Publication:
   

   Target	Current
   3	4

   
   
   1. Article in Indexed Journals
      • Utilization of Waqf Property: Analyzing an Institutional Mutawalli Challenges in Management Practice (2016) – SCOPUS
      • Investigating Issues and Challenge in Utilizing WAQF Property (2018) – SCOPUS
      • INVESTIGATING WAQF PROPERTY RESOURCES OF INSTITUTIONAL MUTAWALLI IN MALAYSIA (2018) - EconLit, MyJurnal and Google Scholar
   2. Conference Proceedings
      • Challenges of Management Practices in Institutional Mutawalli to Achieve Utilization of Waqf Property : An Exploratory Study (2016)

• Conference on Islamic Invention and Innovation (i-CIPTA 2019) – GOLD Medal
• The 7th Seminar on Innovation and Creativity (SIC-Uitm 2019) – GOLD Medal
• The 3rd International Malaysia-Indonesia-Thailand Symposium on Innovation and Creativity (3rd Imit SIC 2019) – GOLD Medal

1. The expected outcome of this research could give significant impact specifically on the Economic Transformation Program by the Malaysian Government.
2. The proposed waqf property utilization model could assist Malaysian government capable to identify the crucial characteristic in the waqf property utilization which Malaysia needs to possess and/or reduce the gaps so that when Malaysia has similar characteristic in utilizing the waqf property with other success countries, eventually Malaysia would able to achieve similar level growth and development.
3. The model, via its new waqf property utilization model concepts whose application could extended to various economic and business models, could contribute significantly towards better undertaking of the strategic reform initiatives in the 12 National Key Economic Areas (NKEAs) that underpin the achievement of the strategic goals under New Economic Model i:e high income nation, inclusiveness and sustainability of the waqf property.