Abstract:
Kolej Universiti INSANIAH, which is classified as a private higher learning institution has had to
depend mainly on student fees and Kedah state’s assistance as its sources of revenue to finance
its operating and development expenditure.
The objective of t
he study is to examine the
possibili
ty of financing Kolej Universiti
INSANIAH using cash
waqf
scheme.
This study uses
library research to examine the
way
forward to establishing and implementing the
waqf
project
scheme which is to be used in financing the expenditures of
Kolej Universiti
INSANIAH in the
future
. This study comes up with a cash
waqf
model to be used as a guideline for KUIN
management to launch the cash
waqf
project scheme so that
waqf
c
ould
be used as an
additional
source
of revenue
to finance the expenditure of KUIN in the future.
