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Role of Infaq in Financing Students in Malaysian Public Universities

New Developments in Islamic Economics

ISBN: 978-1-78756-284-4, eISBN: 978-1-78756-283-7

Publication date: 19 November 2018

Abstract

Purpose – The purpose of this chapter is to study the concept of infaq in Islam, investigate its practice in Malaysia, analyse its role in public universities (PUs), investigate the issues and constraints of infaq for financing of higher education in Malaysia and suggest recommendations for improvement.

Methodology/approach – This study used a qualitative methodology and was conducted to obtain information on the practice of infaq in financing tertiary-level education in Malaysia, to learn about the recommended practice of infaq in Islam, to analyse its implementation and to explore the constraints faced in the financing of higher education in Malaysia.

Findings – This study indicated that the practice of infaq helps to ease the burden of rising fees and the cost of living for university students.

Research limitations/implications – The study only focused on the role of infaq in financing higher education in Malaysia. The sample for this study involved four PUs in the Klang Valley.

Originality/value – This study provides new contributions to the field of education infaq in Malaysia.

Keywords

Acknowledgements

Acknowledgement

This article is research produced under Grant LRGS entitled ‘Models of waqf financing, investment and development of higher educational institutions: a study in Malaysia and some selected countries (LR001C-2013B)’. We therefore extend our heartfelt appreciation to the Ministry of Higher Education for allocating funds for this research.

Citation

Alin @ Nordin, N.A. and Rahman, A.A. (2018), "Role of Infaq in Financing Students in Malaysian Public Universities", Rahman, A.A. (Ed.) New Developments in Islamic Economics, Emerald Publishing Limited, Leeds, pp. 35-45. https://doi.org/10.1108/978-1-78756-283-720181003

Publisher

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Emerald Publishing Limited

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