Cash Waqf as an Alternative Panacea to Poverty Alleviation, An Overview of Human Development in Nigeria

Journal Title: Türkiye islam iktisadı dergisi - Year 2017, Vol 4, Issue 2

Abstract

This study investigated how cash waqf was used to alleviate education poverty in Nigeria among the orphans and under-privileged in Zamfara State in particular. The failure of government has deprived people of good health, shelter, education among other things. Similarly, efforts of both private and voluntary sectors yielded no useful results especially in sponsoring students’ education. It is undeniable that poverty has become household problem in Africa and specifically Nigeria. The menace has deprived people of basic necessity of life hence, throw them into serious predicament. The present study used qualitative technique hence, conducted in-depth interviews of three types of respondents. Data gathered from the interview was analyzed using a phenomenological approach. It is hoped that the findings will be useful to policy makers in waqf institutions and the Nigerian government to strategize poverty alleviation inclusive of orphans and under-privileged education in order to boost the level of literacy in the country.

Authors and Affiliations

Hakeem B. Oladapo, Saad Md Norma, Omar Mohammed Mustafa, Oziev Gapur

Keywords

Related Articles

Defining Islamic Economics: Scholars’ Approach, Clarifying The Nature, Scope and Subject-Matter of The Discipline

While developing Islamic economics as a discipline, it is necessary to define the nature, scope and subject-matter in order to clarify the object of study and indicate the boundaries of its reach. Islamic economists in t...

DEVELOPMENT OF ISLAMIC FINANCE MARKETS IN A MULTI-POLAR WORLD AND SUKUK ISSUANCE

The financial crisis in the world economy after 2008 brought forward the importance of Islamic finance instruments and increased their usage in this way. Islamic finance, as a complementary component among financial inst...

Does Sukuk Financing Promote Economic Growth? An Emphasis on the Major Issuing Countries

For the past few decades, Islamic finance has imposed itself as a viable alternative / complementary system to the long existing conventional financial system. Nevertheless, recent research has claimed that Islamic finan...

Ibn Khaldun’s Theory of Taxation and its Relevance

Ibn Khaldun, the North African versatile genius scholar of fourteenth century produced his famous work ‘al-Muqaddimah’ (the Introduction) which is considered as one of the most sublime and intellectual achievements of th...

Credit Control Instruments in a Dual Banking System: Leverage Control Rate (LCR) – a Proposal

Islam banishes interest. This raises two questions contextual to Central Banking. First, can Islamic banks create credit like the conventional? We shall argue that Islamic banks cannot avoid credit creation; an imperativ...

Download PDF file
  • EP ID EP300550
  • DOI 10.26414/tujise.2017.4.2.83-90
  • Views 134
  • Downloads 0

How To Cite

Hakeem B. Oladapo, Saad Md Norma, Omar Mohammed Mustafa, Oziev Gapur (2017). Cash Waqf as an Alternative Panacea to Poverty Alleviation, An Overview of Human Development in Nigeria. Türkiye islam iktisadı dergisi, 4(2), 83-90. https://europub.co.uk./articles/-A-300550