IDEAS home Printed from https://ideas.repec.org/a/eac/articl/09-13.html
   My bibliography  Save this article

Study of Cash Waqf and Its Impact on Poverty (Case Study of Iran)

Author

Listed:
  • Sayyed Mohammad Sayyed Hosseini

    (Ferdowsi University of Mashhad, Iran)

  • Taqi Ebrahimi Salari

    (Ferdowsi University of Mashhad, Iran)

  • Sayyed Mahdi Narimani Zaman Abadi

    (Ferdowsi University of Mashhad, Iran)

Abstract

Considering the present situation of the society of Iran and according to the effect of grand institution of waqf in resolving problems such as poverty, it is necessary to make an opportunity that new subject such as cash waqf being studied and examined. Hence, the purpose of this research is to analysis the role of cash waqf in investment increase in the form of financing the Islamic contracts and it’s economic impact on poverty reduction. As the methodology of this research is survey-analysis and based on analysis of covariance matrix by using a Structural Equations Modeling(SEM), a questionnaire has been designed and distributed among 110 members of related professors and specialists in mashhad city- Iran. The results of this research show that if cash waqf can be used as a financial instrument in the Islamic economy, It can be a source of increase in investment in the form of Islamic contracts and legal forms and by spending the profit of investment on poverty reduction programs, we can expect it’s positive impact on poverty reduction. With this research we want to try to make an early design of poverty alleviation in the financial viewpoint of cash waqf. It is suggested that other researchers enter other macroeconomic variables (e.g. economic growth, inflation, etc.) that can potentially affected by the implementation of cash waqf funds. The results of this paper may serve as a scientific resource for the waqf institutions and also can be used in the banking system of Iran for charitable purposes. Moreover, due to the increase of orientation towards Islamic economic in Iran, this survey can be a good source for studies and researchers of university. This paper is the ?rst study on cash waqf in Iran that provide economic result based on statistical methodology and questionnaire. Conversely, other studies are based on Juridical methodology.

Suggested Citation

  • Sayyed Mohammad Sayyed Hosseini & Taqi Ebrahimi Salari & Sayyed Mahdi Narimani Zaman Abadi, 2014. "Study of Cash Waqf and Its Impact on Poverty (Case Study of Iran)," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 2, pages 1-1, December.
    • Handle: RePEc:eac:articl:09/13
    as

    Download full text from publisher

    File URL: http://www.unagaliciamoderna.com/eawp/coldata/upload/Vol2_2014_Cash_Waqf_Poverty.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cizakca, Murat, 2004. "Incorporated cash waqfs and mudaraba, Islamic non-bank financial instruments from the past to the future," MPRA Paper 25336, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Siti Razifah Khamis & Marhanum Che Mohd Salleh, 2018. "Study On The Efficiency Of Cash Waqf Management In Malaysia," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 4(1), pages 61-84, August.
    2. repec:idn:jimfjn:v:4:y:2018:i:1d:p:1-24 is not listed on IDEAS
    3. Rindawati Maulina, 2022. "Factors Influencing the Success of Retail Cash Waqf Linked Ṣukūk (CWLS) Issuance: A Lesson from Indonesia العوامل المؤثرة في نجاح إصدار صكوك التجزئة المرتبط بالوقف النقدي (CWLS): درس من إندونيسيا," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 35(1), pages 57-74, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Norizan Hassan & Aisyah Abdul-Rahman & Zaleha Yazid, 2018. "Developing a New Framework of Waqf Management," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(2), pages 287-305, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eac:articl:09/13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jose González Seoane (email available below). General contact details of provider: https://edirc.repec.org/data/cecorea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.