Role of Waqf Management in Employment Generation: An Implication of Econometric Model

Abstract

The study's goal is to ascertain how job growth in Bangladesh's Dhaka district is impacted by waqf administration and waqf institute management. The purpose of this study is to ascertain Bangladesh's national level and the employment situation of waqf employees. In this scenario, an analytical technique is used. A selective sample strategy is used to select 260 participants and respondents along with 130 respondents from waqf institute management for the study in the Dhaka district. In this case, a questionnaire survey approach was employed to collect the data, and the SPSS software was utilized to analyze it. According to the study's findings, when management decisions are positively changed, so is the employee's job situation. However, job creation varies negatively as a result of management decisions. In addition to this, it was found during the field inspection that the waqf organization's waqf administration contained serious errors and irregularities. Additionally, the researcher spoke with and observed waqf personnel who were dealing with management concerns and opening up career chances. Waqf operations have also been considered to have a significant lack of openness and accountability. Several proposals and recommendations have been made to decrease existing issues and anomalies and make the waqf properties functional and sustainable, which would help create employment, in order to accomplish the intended development of waqf properties as well as Bangladesh.