Waqf contributions for sustainable development goals: A critical appraisal

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dc.authorid0000-0001-7786-8893
dc.contributor.authorKachkar, Omar
dc.contributor.authorAlfares, Marwa
dc.contributor.otherYönetim Bilimleri Fakültesi, İşletme Bölümü
dc.date.accessioned2022-10-24T08:16:27Z
dc.date.available2022-10-24T08:16:27Z
dc.date.issued2022
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İşletme Bölümü
dc.description.abstractLack of funds has been a substantial challenge in achieving the sustainable development goals for all developing countries including many of OIC member states. The World Bank estimates that approximately, from $1.5 to $2.7 trillion is needed every year to finance SDGs projects between 2015 up to 2030. This chapter examines the potential role of waqf as a fund-mobilising instrument. It specifically focuses on the progress in achieving SDGs in OIC countries. Four key development areas are highlighted in this regard, namely, poverty alleviation, healthcare, education and finally infrastructure development. A comparison between OIC and non-OIC countries is drawn to assess the progress of OIC countries. Except for some areas in infrastructure development, OIC countries seem to be lagging behind their non-OIC counterparts in all the four covered areas. Tapping waqf resources can greatly contribute in achieving the SDGs, in particular the monetary waqf or cash waqf. To support this argument, this chapter brings various case studies from waqf institutions operating in the Muslim world. The first case study discusses two institutions in Turkiye and the second one highlights the contribution of two subsidiaries of Islamic Development Banks. This chapter concludes with a prolonged discussion of the existing challenges encountering the full employment of waqf in achieving the SDGs.
dc.identifier.citationKachkar, O. A. ve Alfares, M. (2022). Waqf contributions for sustainable development goals: A critical appraisal. T. Azid, M. Mukhlisin, O. Altwijry (Ed.), Wealth Management and Investment in Islamic Settings içinde (367-391. ss.). Springer, Singapore. https://doi.org/10.1007/978-981-19-3686-9_21
dc.identifier.doi10.1007/978-981-19-3686-9_21
dc.identifier.endpage391
dc.identifier.isbn9789811936852
dc.identifier.isbn9789811936869
dc.identifier.scopus2-s2.0-85161193779
dc.identifier.scopusqualityN/A
dc.identifier.startpage367
dc.identifier.urihttps://doi.org/10.1007/978-981-19-3686-9_21
dc.identifier.urihttps://hdl.handle.net/20.500.12154/1905
dc.indekslendigikaynakScopus
dc.institutionauthorKachkar, Omar
dc.institutionauthorid0000-0001-7786-8893
dc.language.isoen
dc.publisherSpringer Nature
dc.relation.ispartofWealth Management and Investment in Islamic Settings
dc.relation.publicationcategoryKitap Bölümü - Uluslararası
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectWaqf
dc.subjectSDG
dc.subjectWaqf Governance
dc.subjectCash Waqf
dc.subjectWaqf Ecosystem
dc.subjectTurkey
dc.titleWaqf contributions for sustainable development goals: A critical appraisal
dc.typeBook Chapter
dspace.entity.typePublication
relation.isAuthorOfPublication1f8dadc2-d94c-4abd-bf1f-c94454591660
relation.isAuthorOfPublication.latestForDiscovery1f8dadc2-d94c-4abd-bf1f-c94454591660
relation.isOrgUnitOfPublicationc9253b76-6094-4836-ac99-2fcd5392d68f
relation.isOrgUnitOfPublication.latestForDiscoveryc9253b76-6094-4836-ac99-2fcd5392d68f

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