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The bamboo strips and oil palm trunk veneers were laid-up together alternately using phenol formaldehyde (PF) adhesive to form composite lumber with two different types of layer orientation. The composite lumber was hot pressed at two different pressing times. Physical properties test, such as cold water and hot water delamination, as well as mechanical properties test, such as flexural and compression were conducted according to a specific standard. Results showed that longer pressing time has increased all properties, except flexural and compression. Cross orientation has increased the bonding strength behaviour between bamboo strips and oil palm trunk veneers, thus influenced the low delamination percentage and good modulus of elasticity value. It is observed that the different failure behaviour was influenced by different types of layer orientation, especially in compression and physical properties. Different pressing times had not influenced any difference of failure modes.

This study aimed to analyse the role of the Waqf Fund Scheme, by taking Penang (or Pulau Pinang) as one of the states in Malaysia as a sample of the study. Waqf Fund Scheme was established by the Islamic Religious Council of Penang, Majlis Agama Islam Negeri Pulau Pinang (MAINPP), in an effort to develop the economy of the Muslim community in the state.

This study analysed the contribution that this endowment fund makes towards a comprehensive scheme of economic development, namely, in terms of the economic, spiritual and social welfare of the Muslim community in Penang. The primary source of data was obtained through interviews conducted by the researcher with the Manager of the Waqf Fund Scheme, the Head of Administration and Finance Section and the Account Executive of MAINPP. The researcher also interviewed respondents from four institutions that were beneficiaries of the Waqf Fund Scheme.

The findings of this research show that the endowment fund scheme plays an important role in the economic development of the Muslim community in Penang. The Waqf Fund Scheme contributes by way of providing a financing facility towards the acquisition of waqf assets or through cash support channelled to associations or committees of a masjid.

This study only focuses on Waqf Fund Scheme which was established by MAINPP.

This study is expected to contribute to the improvement of the Waqf Fund Scheme management.

The paper is the first attempt to address the Waqf Fund Scheme contributions by MAINPP, particularly in Penang.