By SHAYA'A OTHMAN
Comparing several Waqf Institutions in Turkey and Malaysia, waqf institutions in Turkey are well structured and such institutions having a long history of success since the great era of Ottoman Empire. The spectrum of Waqf activities during Ottoman Empire included all activities of life as shown in the following diagram.
Since the period of Ottoman Empire and till today, Turkish society believed in the concepts of putting good work and making favors for others as well. They are competing with one another in charity. This practises have been instrumental in the development of waqf culture and thus creating many Waqf Institutions.
Until today Waqf Institutions in Turkey focus mainly in development of Educations such as establishing Universities and schools.
It is observed that the success of Waqf Institutions in Turkey is based on 5 Critical Success Factors namely [1] Productive [2] Accumulative [3] Sustainable [4] Financially Self-sufficient , and [5] Administratively Self-sufficient
Please Click the following slides to learn more details of how Waqf institutions are being managed in Turkey and Malaysia. It was presented at The International Conference, Islamization and Integration of Knowledge in East and South East Asia Region: Challenges and Prospects organised by International Institute of Islamic Thought [IIIT] & University of Aceh Indonesia on 2016.2.1 [Note there is an error in the slide].
The same presentation was also presented to Universiti Islam Malaysia[UIM] Cyberjaya Malaysia on 2016.4.8. as 1st Waqf Talk Series [ITS-1] organised by International Institute of Waqf and Islamic Finance Management [I-WAQF], Universiti Islam Malaysia [UIM].
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