LEADERSHIP SKILLS MODEL FOR SUSTAINABILITY ENDOWMENT MANAGEMENT IN OMAN: A CONCEPTUAL STUDY

Abstract

Without arguing, the optimal use of endowment as a tool to alleviate poverty and enhance the living standard of the Muslim communities is depending on the sustainability endowment management. Unfortunately, the endowment fund in Oman has been underrated when it comes to its true ability. By misguided emphasis, endowment investments have been abused and neglected. Non-existence of the solutions to offer an excellent platform for sustainable endowment management is among the key problems even though there are highly educated personnel. Abuse of endowment funds in Muslim countries demonstrates a lack of management skills in the Islamic world and a lack of knowledge on the surface. This paper aims to offers leadership skills model that perhaps can be adopted for the survival of endowment funds. Specifically, this paper helps define the leadership skill model that should be used to support sustainability endowment management and how they can work symbiotically. The leadership skills model propose by this study consists of six elements, namely as setting a vision, creating opportunities, employees engagement, persuading people, making decisions, and preparing for new leaders. The model proposed in this study perhaps will assist on the human talent planning and appointing the right person for the right position in the Ministry of Endowment and Religious Affairs of Oman to manage the endowment funds