Critical Success Factors, Benefit, and Auditing of Waqf Accounting
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2017, Vol 7, Issue 4
Abstract
The aim of this study is to identify the critical success factors, benefits, and challenges of waqf accounting in corporate Malaysia and to test the propose model of waqf accounting. This paper is to identify five dimensions of CSFs of waqf accounting (accounting procedures and standards, accountability, fund waqf, cash waqf, and financial report disclosures). This paper is also to identify five benefits of waqf accounting (financial growth, efficiency of waqf management, customer satisfaction, quality improvement, and trustworthiness). Meanwhile, three challenges of waqf accounting (waqf administration, unqualified mutawalli, and lack of Islamic accounting). Therefore, this study is focused on the critical success factors, benefits, and challenges of waqf accounting in corporate Malaysia and to propose the model of waqf accounting.
Authors and Affiliations
Nurul Fadly Habidin, Mohd Yahya Mohd Hussin, Fidlizan Muhammad, Sharul Effendy Janudin, Nursyazwani Mohd Fuzi
Keywords
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- EP ID EP610479
- DOI 10.6007/IJARBSS/v7-i4/2925
- Views 72
- Downloads 0
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