Factors Affecting Students’ Intention to Donate Cash Waqf: The Mediating Role of Literacy in Indonesia

Abstract

Purpose - This paper analyzes the factors that influence the intention to donate cash waqf among students with waqf literacy as a mediating variable. Design/Methodology/Approach - Using structural equation modeling (SEM-PLS) to test the proposed model, based on a sample of 80 Islamic Economics students at public and private universities in Bandung Indonesia Findings - The findings show that first, the intention to give cash waqf to students is affected by the level of education and the level of religiosity, while the variable access to information media is not significant; second, the literacy level of cash waqf among students is influenced by the level of education and access to information media, while the level of religiosity is not significant; and thirdly the level of cash waqf literacy does not mediate the influence of education level, level of access to information media and level of religiosity on cash waqf intentions. Practical implications - This study highlights the important role of education level in increasing the level of literacy and cash waqf intentions for students. The implication is that universities are invited to offer innovative patterns of waqf education and training. By providing a clear understanding of cash waqf awareness among college students, this research can assist in designing appropriate literacy educational campaigns. Originality/Value - This study is the first to study factors affecting the students' intention of cash waqf: the mediating role of literacy with literacy as a mediating variable. This research study can assist in designing appropriate educational literacy campaigns.