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Revolutionizing Waqf Management: Harnessing the Fourth Industrial Revolution for Waqf 4.0 Transformation

Author

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  • Muhammad Aiman Awalluddin

    (Faculty of Administrative Science and Policy Studies, Universiti Teknologi MARA, Malaysia)

  • Anisa Safiah Maznorbalia

    (Department of Business and Public Administration, Universiti Tuanku Abdul Rahman, Malaysia)

  • Mohd Ramlan Arshad

    (Faculty of Administrative Science and Policy Studies, Universiti Teknologi MARA, Malaysia)

Abstract

The Fourth Industrial Revolution, marked by technological advancements, is set to greatly improve the operational effectiveness of businesses and organizations globally. These developments have the potential to significantly improve waqf administration, raising its execution to a superior level. However, the existing literature has not extensively examined the potential consequences of the Fourth Industrial Revolution on waqf instruments. This study utilizes qualitative document action research to examine recurring problems related to waqf instruments and provide remedies through digitization measures. The study employed Research Rabbit AI’s cutting-edge algorithms and snowball sampling approaches to identify 30 articles that address significant challenges related to waqf management. The study explores the potential application of Fourth Industrial Revolution methods to digitalize waqf management, specifically addressing these challenges. The primary challenges facing waqf instruments include inefficiencies in management, difficulties in operations, and the need to establish trust among stakeholders. This study seeks to fill the existing gaps in waqf research in the digital age by providing conceptual improvements to drive the subject ahead. The research’s significance is to assist waqf stakeholders in taking proactive measures to improve and update the application of waqf in modern contexts.

Suggested Citation

  • Muhammad Aiman Awalluddin & Anisa Safiah Maznorbalia & Mohd Ramlan Arshad, 2024. "Revolutionizing Waqf Management: Harnessing the Fourth Industrial Revolution for Waqf 4.0 Transformation," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 2270-2283, August.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:8:p:2270-2283
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    References listed on IDEAS

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    1. Diki Zulkarnaen & Murniati Mukhlisin & Sigid Eko Pramono, 2021. "Can Blockchain Technology Improve Accountability and Transparency of Cash Waqf in Indonesia?," Journal of Economic Impact, Science Impact Publishers, vol. 3(3), pages 158-166.
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