SCRUTINIZING THE EFFECTS OF RESTRUCTURING IN PERBADANAN WAKAF SELANGOR

Abstract

Waqf plays an important role in Muslim society. In Malaysia, waqf is placed under the jurisdiction of the state governments, which resulted in 14 sole trustees with different managements. In improving waqf management, few sole trustees had done their restructuring plan and formed new entity to improve their waqf management, while most of the trustees are still using the traditional structure, attaching Waqf Department or Waqf Unit in their management. This paper aims to explore the effect of the restructuring plan that has been carried out in waqf management in Selangor. An in-depth interview was conducted involving two informants from Perbadanan Wakaf Selangor (PWS). The finding revealed that the restructuring plan was a fruitful and brought positive effects to waqf management. PWS has become more focus in the development of waqf properties and innovative in offering waqf products as well as waqf channels. The result was supported by the evidences from various waqf products, the increasing in cash waqf collection, the on-going and completed projects and also the series of waqf properties development planned ahead.