This paper aims to measure the financial performance and sustainability in Malaysian waqf private entity and corporations. Examining its performance and sustainability could be useful to assess waqf perpetual existence. Besides that, the waqf private entity and corporations frequently compare actual performance with standards or expectations to enhance the organizations’ achievements. Thus, by using ratio analysis, this study examines five years (2014-2018) annual reports of waqf private entity administered by Pusat Wakaf Majlis Agama Islam Wilayah Persekutuan Sdn. Bhd (PWMSB) and two waqf corporations Pusat Wakaf Selangor (PWS) and Wakaf An-Nur Corporation (WANCorp). The results indicate that only one waqf corporation was financially performed and sustainable in all seven components. The findings provide useful insights into the financial performance and sustainability of waqf private entity and corporations and highlight the need for policy makers in Malaysia and other Muslim countries to give due attention to the holistic accountability of waqf institutions to ensure waqf’s systematic revival. It is hoped that the results and the recommendations of the study would enable the financial reporting and accountability of such institutions at a higher level
CITATION STYLE
Hanefah, M. M., Kamaruddin, M. I. H., Masruki, R., Johari, F., & Kamarubahrin, A. F. (2020). Financial Performance and Sustainability in Malaysian Waqf Institutions. Asia Proceedings of Social Sciences, 6(2), 169–173. https://doi.org/10.31580/apss.v6i2.1309
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