Most pondok institutions in Malaysia are confronting financial issues. The main financial resources for these ‘hut institutions’ are still dependent on the contributions made by the society like zakat, waqaf, infaq and donations especially for unregistered pondoks. Comparing all four financial resources, waqaf is seen as an instrument that can help the institutions fund their own development. However, not all pondok institutions have the capability to develop, generate and sustain their finances through waqaf as they confront various obstacles. Thus, this study carries two main goals which are to identify and analyse issues that are always faced by pondok institutions in funding the development. An analysis was carried out using primary and secondary data. The content analysis is used as a tool for the study analysis. The study finding shows that there are five problems faced by the pondok institutions in funding the education development namely weak management, low confidence of the society towards the institutions’ capability in developing waqaf, financial and legislative issues.
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In-Text Citation: (Fazial & Bahari, 2018)
To Cite this Article: Fazial, F., & Bahari, Z. (2018). Problems Faced By the Pondok Institutions in Funding Development. International Journal of Academic Research in Business and Social Sciences, 8(6), 1313–1320.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
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