Abstract
The article discusses the literature review, whether in the form of research, books, articles, etc. on the issue of the management, challenges and the way forward of waqf in higher education institutions in Malaysia.The study was conducted using qualitative methods by taking a literature study approach. There has been a lot of writing, throwing ideas and discussions were made by the experts, academician and governments on the issue. Waqf of education in Malaysia is seen growing with the establishment of waqf fund for education in several institutions such as the International Islamic University Malaysia (IIUM), Universiti Putra Malaysia (UPM), Universiti Kebangsaan Malaysia (UKM), Universiti Sains Islam Malaysia (USIM), Universiti Teknologi Malaysia (UTM) and many more. The literature review found that the development of waqf in higher education can be intensified by effective fund management, strong legislation, good governance, marketing efforts and identify appropriate waqf management model to be applied. A special guideline for the management is to be established and a waqf management model is designed to be used as a reference all the Heigher Education Institutions.Keywords: Endowments (waqf), education, management of waqf, institutions of higher education.
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More From: UMRAN - International Journal of Islamic and Civilizational Studies (EISSN: 2289-8204)
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