ISSN 2394-5125
 

Review Article 


REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak.

Abstract
The main objective of the study is to provide a platform for financial assistance to Islamic
finance students to enrol for a professional certificate from selected Islamic finance institutions, and in addition,
highlight the gaps that exist in academic literature on the role of waqf, the challenges in distributing waqf
education to graduate students. The study also provides an illustration of a prototype of waqf blockchain for
Islamic finance education. Particularly, the implementation of waqf for higher education is to give a value added
to the students by giving them a financial aid to enrol for the professional certificate. Moreover, the
effectiveness of providing waqf education depends on methods, acts and regulations, management structures
and stakeholders or investors that invest in waqf education. This is a conceptual paper that highlights the
discussions on waqf blockchain for Islamic finance education. The outcome of this study is a proposed
prototype for waqf blockchain for Islamic finance education. This study provides a better understanding on
waqf for higher education among academicians, regulators and practitioners. Limitations and recommendations
for future research are also discussed.

Key words: waqf, higher education, blockchain, Islamic finance, graduate employability


 
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How to Cite this Article
Pubmed Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak. REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH. JCR. 2020; 7(19): 7191-7197. doi:10.31838/jcr.07.19.827


Web Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak. REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH. http://www.jcreview.com/?mno=135360 [Access: September 15, 2020]. doi:10.31838/jcr.07.19.827


AMA (American Medical Association) Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak. REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH. JCR. 2020; 7(19): 7191-7197. doi:10.31838/jcr.07.19.827



Vancouver/ICMJE Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak. REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH. JCR. (2020), [cited September 15, 2020]; 7(19): 7191-7197. doi:10.31838/jcr.07.19.827



Harvard Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak (2020) REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH. JCR, 7 (19), 7191-7197. doi:10.31838/jcr.07.19.827



Turabian Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak. 2020. REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH. Journal of Critical Reviews, 7 (19), 7191-7197. doi:10.31838/jcr.07.19.827



Chicago Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak. "REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH." Journal of Critical Reviews 7 (2020), 7191-7197. doi:10.31838/jcr.07.19.827



MLA (The Modern Language Association) Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak. "REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH." Journal of Critical Reviews 7.19 (2020), 7191-7197. Print. doi:10.31838/jcr.07.19.827



APA (American Psychological Association) Style

Nurul Izzati Abd Razak,Pg Mohd Faezul Fikri Ag Omar, Mohd Nasir Samsulbahri,Haneffa Muchlis Gazali, Norhamiza Ishak (2020) REVIEW OF WAQF BLOCKCHAIN FOR ISLAMIC FINANCE EDUCATION: A CASE OF UNIVERSITI MALAYSIA SABAH. Journal of Critical Reviews, 7 (19), 7191-7197. doi:10.31838/jcr.07.19.827