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MANAGING WAQF FOR EDUCATIONAL DEVELOPMENT: TURKEY AND MALAYSIA, THE BEST PROPOSED MODEL

Observations being made the ways waqf for educational development being managed in Turkey and Malaysia. The writer proposed the Best Model of Waqf Management

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MANAGING WAQF FOR EDUCATIONAL DEVELOPMENT: TURKEY AND MALAYSIA, THE BEST PROPOSED MODEL

  1. 1. MANAGING WAQF FOR EDUCATIONAL DEVELOPMENT IN TURKEY and MALAYSIA. PROPOSED BEST MODEL SHAYA’A OTHMAN Senior Academic Fellow International Institute of Islamic Thought [IIIT] Washington, USA East & South East Asia Regional Office Kuala Lumpur Malaysia INTERNATIONAL CONFERENCE. ISLAMIZATION AND INTERGRATION OF KNOWLEDGE IN EAST AND SOUTH EAST ASIA REAGION : CHALLENGES AND PROSPECTS Organised by State Islamic University of Acheh & International Institute of Islamic Thought, 2015.2.1
  2. 2. TURKEY: 68 WAQF UNIVERSITIES [38 Universities are in Istanbul ]  SABANCI UNIVERSITY  OZYEGIN UNIVERSITY  BEYKENT UNIVERSITY  ISTANBUL SEHIR UNIVERSITY  KOC UNIVERSITY  SULEYMAN SAH UNIVERSITY  FATIH SULTAN MEHMET UNIVERSITY ALL WAQF UNIVERSITIES ARE PRIVATE AND NON PROFIT
  3. 3. TURKEY: WAQF UNIVERSITIES PROVIDE SCHOLARSHIPS  SABANCI UNIVERSITY 30% of Undergraduate receiving scholarship  OZYEGIN UNIVERSITY 25%. 50% or 100% of tuition fees based on entrance scores  KOC UNIVERSITY 100% or 50% of fees tuition fees based on academic merits
  4. 4. TURKEY : SABANCI VAKIF [Haci Omer Sabanci Vakif] A Case Success of Wakaf Institution The Sabanci family has contributed greatly to furthering Turkish economy with numerous industrial conglomerates and investments since the establishment of the Sabanci Holding and Sabanci Group companies in 1967. Haci Omer Sabanci Foundation (Sabanci Foundation) was established in 1974 by the sons of the late Haci Omer and Sadika Sabanci with a generous contribution of Sadika Sabanci’s estate.
  5. 5. Founders •Ihsan Sabanci •Sakip Sabanci •Haci Sabanci •Sevket Sabanci •Erol Sabanci •Ozdemir Sabanci "To share what we have gained from this land with its people..." Reflecting the life philosophy of the late Haci Omer Sabanci, the Sabanci Brothers built their future around the principle "to share what we have gained from this land with its people." and set up the Haci Omer Sabanci Foundation-Sabanci Foundation in 1974.
  6. 6. TURKEY: SABANCI VAKIF Since its establishment, Sabanci Foundation has built more than 120 institutions in 78 residential areas among Turkey. • Sabanci University : 1 • Educational Institutions [Schools] : 37 • Dormitories [Hostels] : 20 • Teachers Training Centers : 16 • Health Care Centers and Hospitals : 5 • Libraries : 4 • Sports Facilities : 5 • Cultural Centers : 16 • Social Facilities : 8 • Contributions to Other Institutions : 9
  7. 7. The groundbreaking ceremony was on July 31, 1997. its first academic year on October 20, 1999. A campus spread over 1,353,000 m2
  8. 8. A participatory institution that is financially and administratively self-sufficient and sustainable. TURKEY: SABANCI UNIVERSITY [A World University]  Faculty of Engineering and Natural Sciences (FENS),  Faculty of Arts and Social Sciences (FASS) and  Faculty of Management (FMAN)
  9. 9. Balance Sheet of Sabanci Foundation for the date 31/12/2014 is reported based on Turkish Financial Laws and Foundation Regulations Source: http://www.sabancivakfi.org/page/balance-sheet
  10. 10. University applied for membership in European Foundation Quality in October 1998. It is the first university in Turkey that applied for and was accepted for membership.
  11. 11. TURKEY : MANAGMENT OF WAQF UNIVERSITY FOUNDATION [ Governing Council ] WAQF UNIVERSITY [ Separate Legal Entity ] To finance 20% of Operational Budget FUND FROM THE FOUNDERS COMPANIES AND SHARE HOLDERS FUNDRISING DEPARTEMENT Society and Others PRIVATE AND NON PROFIT FINANCIALLY AND ADMINISTRATELY SELF-SUFFICIENT AND SUSTAINABLE
  12. 12. MALAYSIA: WAQF BASED UNUVERSITIES  University Putra Malaysia [UPM]  National University of Malaysia [UKM]  International Islamic University Malaysia [IIUM]  Islamic University of Malaysia [IIM]  Al-Madinah International University Malaysia [AMAU]  International Islamic University College , Selangor Malaysia [IIUCS]  Albukhary International University [AiU]
  13. 13. University Putra Malaysia [UPM] Dana Wakaf Ilmu [DWI] Launched in 16 August 2011 Sultan of Selangor donated RM300,000 Receive regular donations from Individuals and corporates and non- governmental organizations, returns from real estates and agriculture or farm projects, and money markets and capitals
  14. 14. National University of Malaysia [UKM] Chancellery Foundation Cash Waqf Scheme Takaful Waqf Scheme  UKM is waqf recipient institution  Licence Takaful Institutions are Scheme Managers
  15. 15. International Islamic University Malaysia [UIA] Islamic Endowment Fund as a Division of UIA [September 1999] Main purpose to assist the poor students in UIA Donation of UEA Ambassador to build 16 apartment women hostels and the proceed from rental to be channelled to this fund.
  16. 16. WEALTH FROM WAQF In Islam wealth including waqf should be 1. PRODUCTIVE and 2. ACCUMULATIVE
  17. 17. University Establishes a Waqf Holding University Establishes a Waqf Division Malaysian Model of Establishing Waqf University
  18. 18. WESTERN: SOCIAL FOUNDATION  Rockefeller Foundation  Bill and Melinda Gates Foundation.  Carnegie Corporation [1911] • US135 million in 1911 donated by Andrew Carnegie • US2.5 billion 2013 • US60 million annually donation for education worldwide
  19. 19. WAKAF SELANGOR CORPORATION & BANK MUAMALAT MALAYSIA Source: Asharaf Mohd Ramli & Abdullaah Jalil. Banking Model of Corporate Waqf: An Analysis of Wakaf Selangor Muamalat. Retrieved on 2015.1.29, https://comaif.files.wordpress.com/2014/02/2013-01-25-banking-model-of-corporate- waqf-full-paper.pdf
  20. 20. MANAGEMENT OF WAQF IN DEVELOPMENT OF EDUCATION. THE BEST MODEL ?????
  21. 21. TURKISH MODEL IS THE BEST Productive and Accumulative Financially & Administratively Sel-Sufficient and Sustainable TURKEY MALAYSIA
  22. 22. MAIN REFERENCES 1. Sabanci Vekif. Retrieved 2015.1.29 http://www.sabancivakfi.org/page/sabanci-university-2 2. Orbay, K. WAQF INSTITUTIONS (CHARITABLE ENDOWMENTS). Retrieved on 2015.1.29. http://www.turkishculture.org/lifestyles/institution-967.htm 3. Asharaf Mohd Ramli & Abdullaah Jalil, Banking Model of Corporate Waqf: An Analysis of Wakaf Selangor Muamalat. Retrieved on 2015.1.29 https://comaif.files.wordpress.com/2014/02/2013-01-25- banking-model-of-corporate-waqf-full-paper.pdf 4. Wan Kamal Mujani (2014), Pelestarian Institusi Wakaf Memperkasa Pendidikan Negara , Universiti Kebangsaan Malaysia, Bangi 2014
  23. 23. TERIMA KASIH TASUKUR EDIRIM THANK YOU Presenters include from Brunei, Cambodia, China. Hong Kong, Japan, Korea. Indonesia, Malaysia, Philippine and Thailand
  24. 24. PHOTO ALBUM MOU between IIIT and UIN signed by Rector of UIN Prof Dr. Farid and Regional Director of IIIT Dato Dr Jamil Presenters [From Left to Right] 1.Pg. Dr Norhazlin Pg Muhammad [Brunei] 2.Shaya’a Othman [Malaysia] 3.Dr Dihayatun Mosqon Ahmad [Indonesia] 4.Prof Dr Sayhrin Harahap [Moderator] 5.Dr. Sukree Langputeh [Thailand] 6.Ustaz M. Fahrid Hosen [Cambodia]
  25. 25. With Lectures from State Islamic University of Acheh [UIN] With Bapak Sidik and Students from State Islamic University of Acheh [UIN]
  26. 26. A taste of local breakfast, Nasi lemak and famous Acheh coffee DARUSSALAM INN [UIN Hotel] in the main campus where we were staying

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