Venture Philanthropy Waqf Model: A Conceptual Study

Mohd Zakaria, Azliza Azrah and Abd. Samad, Rose Ruziana and Zurina, Shafii (2013) Venture Philanthropy Waqf Model: A Conceptual Study. Jurnal Pengurusan, 38. pp. 119-125. ISSN 0127-2713

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The concept of venture philanthropy has been greatly discussed by various parties especially among the policy makers. The increasing social problems call for corporations to respond positively and take responsibilities in the social sector. It encourages venture philanthropy activities among profit and non-profit organizations in enhancing business values and creating positive social impacts. There have been past studies that looked at how venture philanthropy concept can be linked with Islamic philanthropy. Islamic philanthropy includes but not limited to zakat, waqf and sadaqah. The instruments within Islamic philanthropy aim to serve the purpose of narrowing social distance and reducing inequalities. This conceptual paper aims to understand further the concept of venture philanthropy and how it links to Islamic philanthropy. This paper also aims to explore how venture philanthropy approach is applicable in enhancing waqf practices.

Item Type: Article
Uncontrolled Keywords: Waqf; venture philanthropy; Islamic philanthropy; social entrepreneurship; social impact on society
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Divisions: Faculty of Law, Arts and Social Sciences > School of Business
Depositing User: Unnamed user with email
Date Deposited: 19 Apr 2016 07:45
Last Modified: 06 Oct 2016 07:21

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