Abstract
Analysis of Waqf Land Property Development of Penang State Islamic Religious Council (MAINPP) Based on Islamic Work Ethics (IWE)
Highlights
The waqf property development process in Malaysia has undergone various changes from time to time over a long period of time
This article aims to examine the basic aspects of waqf property and the process of waqf property development in MAINPP, analyze the development of waqf property in MAINPP according to Islamic Work Ethics (IWE)
This article was divided into three main parts, namely the introduction of real estate basics, MAINPP waqf real estate development and Islamic Work Ethics (IWE)
Summary
The waqf property development process in Malaysia has undergone various changes from time to time over a long period of time. KTN aims to amend and consolidate the laws relating to land and land ownership with land ownership, registration of land title deeds and their division as well as revenue collection from certain states in Malaysia Public regulations such as zoning, development codes and land property tax assessments have an impact on property values. Through the application of MAIN for the purpose of vesting according to the law (statutory vesting) for waqf land as provided in Section 416C KTN This method is done by making a letter to the Registrar of Title or Land Administrator. DTL, Penang units of medium cost apartments, 14 units of shops, 56 units of office shops, 66 units of hawker centres, suraus, halls, and orphanages
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