Abstract
This study explores the evolving landscape of waqf donations in Thailand, specifically their transition towards supporting educational initiatives. Focusing on cash waqf for establishing Islamic schools, it examines the socio-economic and motivational drivers behind donation decisions. Using the Contingent Valuation Method and regression analysis, data from 404 donors in Thailand’s southern provinces was examined. The findings highlight that lower-income individuals within the Thai Muslim community tend to donate less to cash waqf, contrasting with their higher-earning counterparts. Similarly, those with lower debt burdens show a greater inclination to donate. Experience in waqf activities positively correlates with the willingness to donate. Notably, religiosity emerges as the primary motivational factor encouraging donations. This research underscores the significance of economic status, debt, experience, and religious devotion in influencing donation behavior. Recommendations emphasise targeting financially stable, experienced individuals and leveraging religious significance in fundraising efforts for Islamic education.
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