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September 19, 2025Advances in Social Sciences Research JournalOpen Access

Integrating Islamic Fintech and Smart Contracts for Enhancing Governance in Waqf Asset Management

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Authors

WHWan Amir Azlan Wan HaniffRYRedwan YasinRYRahmawati Mohd Yusoff

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Overview

Qualitative analysis reveals challenges in Waqf crowdfunding adoption in Malaysia, highlighting governance and fintech literacy issues.

Key Points

  • The study identifies governance barriers in Waqf crowdfunding that hinder implementation and effectiveness.
  • Expert insights point to poor regulatory coordination and fintech literacy as key obstacles to successful adoption.
  • The paper proposes a hybrid model utilizing blockchain smart contracts to improve trust and governance in Waqf management.
  • A national regulatory framework is essential for advancing Waqf crowdfunding as a sustainable funding mechanism.

Cite This Study

Haniff et al. (2025) studied this question.

synapsesocial.com/papers/68d466c431b076d99fa65e16https://doi.org/10.14738/assrj.1209.19183
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