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The Role of Good Governance Regarding Waqf in Achieving Sustainable Development: A Case of Bangladesh

Author

Listed:
  • Md. Golam Morshed

    (Department of Business Administration, Uttara University, Holding 77, Beribadh Road, Turag, Uttara, Dhaka 1230, Bangladesh..)

  • Md. Ferdausur Rahman

    (Bangladesh Military Academy, (BMA), Bhatiary, Chattogram)

  • Md Abdul Bashir

    (Department of Business Administration, Uttara University, Holding 77, Beribadh Road, Turag, Uttara, Dhaka 1230, Bangladesh.)

  • Rokeya Begum

    (Department of Business Administration, Uttara University, Holding 77, Beribadh Road, Turag, Uttara, Dhaka 1230, Bangladesh.)

  • Hishamuddin Bin Ismail

    (Faculty of Business (FOB), Multimedia University, Jalan Ayer Keroh Lama 75450, Bukit Beruang, Melaka)

Abstract

Sound governance for charity found in Islam, specifically waqf, plays an important role to achieve the sustainable development that is still lying on dormant across the world. The aim of the study is to examine the role of good governance regarding Waqf in Achieving Sustainable Development: A Case of Bangladesh. An exploratory research design which uses depth interview and case study is carried out on the authority which is responsible for the implementation of waqf governance in the Muslim majority countries, particularly in Bangladesh. The findings of the study showed that governance and its inefficient application to the waqf are being challenged for sustainable development. The paper, therefore concludes with the good governance on waqf distribution that might be the effective model for achieving the Sustainable Development for Bangladesh through charity fund before 2030 easily; side by side Bangladesh can be the role model of entire world.

Suggested Citation

  • Md. Golam Morshed & Md. Ferdausur Rahman & Md Abdul Bashir & Rokeya Begum & Hishamuddin Bin Ismail, 2025. "The Role of Good Governance Regarding Waqf in Achieving Sustainable Development: A Case of Bangladesh," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(5), pages 828-841, May.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-5:p:828-841
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    References listed on IDEAS

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    1. Murat Çizakça, 1998. "Awqaf In History And Its Implications For Modern Islamic Economies," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 6, pages 43-70.
    2. AbulHasan M. Sadeq, 2002. "Waqf, perpetual charity and poverty alleviation," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 29(1/2), pages 135-151, January.
    3. Mohamed Asmy Bin Mohd Thas Thaker & Mustafa Omar Mohammed & Jarita Duasa & Moha Asri Abdullah, 2016. "Developing cash waqf model as an alternative source of financing for micro enterprises in Malaysia," Journal of Islamic Accounting and Business Research, Emerald Group Publishing Limited, vol. 7(4), pages 254-267, September.
    4. Mohammad Abdullah, 2018. "Waqf, Sustainable Development Goals (SDGs) and maqasid al-shariah," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 45(1), pages 158-172, January.
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