Waqf Institutions in Malaysia: Appreciation of Wasaṭiyyah Approach in Internal Control as a Part of Good Governance

Good governance is important for the sustainability of Waqf institutions in Malaysia. As a part of good governance, the evaluation of internal control and its components are essential to be considered. While reaching the Maqāṣid al-Sharī‘ah (the objectives of the Lawgiver), the appreciation of Wasaṭ...

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Bibliographic Details
Authors: Zain, Nor Razinah Binti Mohd (Author) ; Hassan, Rusni (Author) ; Mustaffha, Nazifah (Author)
Format: Electronic Article
Language:English
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Published: [publisher not identified] 2018
In: Intellectual discourse
Year: 2018, Volume: 26, Issue: 2, Pages: 749-764
Online Access: Volltext (lizenzpflichtig)
Description
Summary:Good governance is important for the sustainability of Waqf institutions in Malaysia. As a part of good governance, the evaluation of internal control and its components are essential to be considered. While reaching the Maqāṣid al-Sharī‘ah (the objectives of the Lawgiver), the appreciation of Wasaṭiyyah approach can be utilised in the evaluation of internal control in the Waqf institutions. Based on qualitative research method, this research explores the internal control and its components in Waqf institutions. The conceptual study on Wasaṭiyyah approach is provided in brief, and the appreciation of Wasaṭiyyah approach in relation to internal control and its components are provided. It is found that Wasaṭiyyah approach can be used in the evaluation of internal control of Waqf institutions in improving their good governance.
ISSN:2289-5639
Contains:Enthalten in: Intellectual discourse