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Cash Waqf for Entrepreneurship Development

Cash Waqf for Entrepreneurship Development
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Author(s): Sherifah Oshioke Musa Deji (International Islamic University, Malaysia)and Marhanum Che Mohd Salleh (International Islamic University, Malaysia)
Copyright: 2020
Pages: 16
Source title: Handbook of Research on Theory and Practice of Global Islamic Finance
Source Author(s)/Editor(s): Abdul Rafay (University of Management and Technology, Pakistan)
DOI: 10.4018/978-1-7998-0218-1.ch016

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Abstract

This chapter explores Cash Waqf in terms of awareness, religiosity, attitude, intention, subjective norms, theory of planned behavior, and perceived entrepreneurship development in Nigeria. The chapter extends the applicability of these factors of Cash Waqf in investigating the perception of micro, small, and medium business entrepreneurs in Nigeria. Structured questionnaire was designed to survey 459 Nigerian entrepreneurs. EFA analysis was used to test the theoretical framework and hypothesis. Result shows low cash Waqf awareness, and a high level of religiosity among the micro entrepreneurs of Nigeria on Cash Waqf for perceived micro entrepreneurship development. It is argued in this research that there is a positive perception toward Cash Waqf, by Muslim and non-Muslim micro entrepreneurs in Nigeria for entrepreneurship development.

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