Siti Mashitoh Mahamood

Financing universities through waqf, pious endowment: is it possible?

Purpose - – The purpose of this article is to highlight the importance of waqf in financing higher education. Nowadays, higher education is costly and this has prevented students, especially those who are self-financed, from accessing such learning environments. This paper offer an alternative solution to relieve such a situation, namely, through the application of an endowment-based or Design/methodology/approach - – The empirical data were mainly collected using in-depth interviews with the universities’ higher management authorities and some of the members of the board of trustees. Findings - – The findings show that the role of Originality/value - – This article provides the experiences of the Malaysian