Cash Waqf: Ethical & sustainable Qard Hasan Microfinancing in Malaysia for B40 & M40 inclusion

This study explores the integration of Qard Hasan with Cash Waqf (QHCW) as a funding source to support microfinancing for the B40 and M40 income groups in Malaysia. The research attempts a mixed-method approach, combining qualitative interviews with quantitative surveys to gather comprehensive data from Islamic bank customers and practitioners. Findings suggest that a well-structured QHCW model focusing on the net proceeds can enhance financial inclusion and economic resilience, particularly in the post-COVID-19 recovery phase.