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WAQF FINANCING OF HIGHER EDUCATION IN THE ARAB WORLD: A BIBLIOGRAPHICAL SURVEY AND CRITICAL REVIEW OF THE RELATED LITERATURE.

BY:

AHMED K. M. BARAKAT

A research submitted in partial fulfilment of the

requirements for the Master of Science degree in Islamic Banking and Finance

Institute of Islamic Banking & Finance International Islamic University Malaysia

AUGUST 2013

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ABSTRACT

The absence of sufficient literature could stimulate a debate and open opportunities for research to develop further interest in using Waqf as viable mode of financing education.

This paper conducts a bibliography survey of Waqf literature written in the Arabic language, and critically reviews the related literature to Waqf-based education. With the help of field-study, 79 materials on waqf have been found. An analysis of the literature shows that a majority of the literature deals with waqf laws, both classical and modem.

By ranking these literatures, the study shows that much attention appears to be paid to Waqf based education. The paper further suggests that more research should be held in the area of financing education through waqf, to mobilize additional resources for education in the Arab and Muslim World.

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APPROVAL PAGE

I certify that I have supervised and read this study and that in my opinion, it conforms to acceptable standards of scholarly presentation and is fully adequate, in scope and quality, as a research for the degree of Master of Science in Islamic Banking and Finance.

Mustafa Omar Mohammed Supervisor

This research was submitted to the Institute of Islamic Banking and Finance and is accepted as a partial fulfilment of the requirements for the Master of Science degree in Islamic Banking and Finance.

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Ahamed Kameel B. Mydin Meera

Dean, Institute of Islamic Banking and Finance (IIiBF)

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DECLARATION

I hereby declare that this research is the result of my own investigations, except where otherwise stated. I also declare that it has not been previously or concurrently submitted as a whole for any other degrees at IIUM or other institutions.

Ahmed K. M. Barakat

Signature ... . Date ... .

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INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA

DECLARATION OF COPYRIGHT AND AFFRIMATION OF FAIR USE OF UNPUBLISHED RESEACH

Cop)Tight? 2013 by International Islamic University Malaysia. All rights reserved.

WAQF FINANCING OF HIGHER EDUCATION IN THE ARAB WORLD: A BIBLIOGRAPHICAL SURVEY AND CRITICAL REVIEW OF THE RELATAED

LITERATURE

No part of this unpublished research may be reproduced, stolen in the retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without the prior written of the copyright holder expect as provided below.

1. Any material contained in or derived from this unpublished research may be used by others in their writing with due acknowledgement.

2. IIUM or its library will have the right to make and transmit copies (print or electronic) for institutional and academic purposes.

3. The HUM library will have the right to make, store in a retrieval system and supply copies of this unpublished research if requested by other universities and research libraries.

Affirmed by Ahmed K. M. Barakat

Signature Date

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DEDICATION

I dedicate this dissertation to my family and many of my friends. A special feeling of gratitude to the soul of my late father, my loving mother for their painstaking care of me.

My Brother Mohammed. My sisters Sanna, Doaa and Huda for their continued support.

My Beloved Wife Shaheema for her understanding and support.

I also dedicate this dissertation to my many friends and family members who have supported me throughout the process. I will always appreciate all they have done, especially my cousin Tayseer Barakat for his generous support, and Shafiq bin Shamshir for his kind assistance.

I dedicate this effort to Our Land Palestine, to the souls of Our Martyrs, and to Our Prisoners in the Israeli jails.

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ACKNOWLEDGMENT

I thank Allah (swt) for the guidance and strength that He has given me in completing this research. Without His guidance and grace, the completion of this work would not have been possible.

I wish to express my heartiest gratitude and appreciation to my respected supervisor Dr.

Mustafa Omar Mohammed, who has shown considerable patience in guiding me towards the completion of this research.

My deepest gratitude is also dedicated to the Dean Professor Dr. Ahamed Kameel B.

Mydin Meera and all the lecturers and staff of IIUM of the Institute of Islamic Banking and Finance for their guidance and efforts.

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TABLE OF CONTENTS

Abstract ... ii

Abstract in Arabic ... .iii

Approval page ... iv

Declaration ... v

Copyright Page ... vi

Dedication Page ... vii

Acknowledgement ... viii

Table of Contents ... ix

List of Tables ... x

CHAPTER ONE: INTRODUCTION ... 1

1.1 Background of the Study ... 1

1.2 Problem Statement ... 8

1.3 Research Objectives ... 8

1.4 Research Methodology ... 9

1.5 Significance and Contribution of the Study ... 9

1.6 Scope ofthe Study ... 10

CHAPTER TWO: RESULTS AND FINDil'iGS ... 11

2.1 Research Findings ... 11

2.2 Discussion of Findings ... 14

2.3 Conclusion ... 18

APPENDIX ... 19

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LIST OFT ABLES

Table No. Page No.

2.1 Overview of Bibliographic Research on Waqfwritten in Arabic II

2.2 Major Areas of the WaqfLiterature Surveyed 13

X

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