Year 2016, Volume 2 , Issue 2, Pages 1 - 12 2016-07-01

Proposed Model for the Implementation of Sadaqa House as Banking Product or Service

Latifa Bibi MUSAFAR HAMEED [1] , Surianom MISKAM [2]


This study is conducted to suggest a suitable model for implementing Sadaqa House as a banking product or service. The concept of Sadaqa House was introduced by Dato Dr. Abdul Halim Ismail during his speech at Global Islamic Finance Forum in 2014. In his speech, he proposed to the banks to embark on efforts to develop product and services to meet the financial requirements and demand for social welfare sector. He suggested that the Sadaqa House to be operated in the Islamic banking system and in the Islamic capital market. He also suggested that the Sadaqa House to be under the supervision of Bank Negara or the Security Securities Commission. Taking into consideration of his brilliant idea, this study explore the suitable model for the implementation of Sadaqa House as a banking product or service. The study has designed a framework for Sadaqa House in the Islamic banking sector based from the Investment Model. The model is identified that suitable for the implementation of Sadaqa House since it has a similar concept. Islamic banks may use the infrastructure and system of investment model to start with Sadaqa House.
Sadaqa House, social welfare, Islamic banks
Other ID JA39NE94FE
Journal Section Articles
Authors

Author: Latifa Bibi MUSAFAR HAMEED

Author: Surianom MISKAM

Dates

Publication Date : July 1, 2016

Bibtex @ { ijisef313833, journal = {International Journal of Islamic Economics and Finance Studies}, issn = {2149-8393}, eissn = {2149-8407}, address = {}, publisher = {Politik Ekonomik ve Sosyal Araştırmalar Merkezi}, year = {2016}, volume = {2}, pages = {1 - 12}, doi = {}, title = {Proposed Model for the Implementation of Sadaqa House as Banking Product or Service}, key = {cite}, author = {MUSAFAR HAMEED, Latifa Bibi and MISKAM, Surianom} }
APA MUSAFAR HAMEED, L , MISKAM, S . (2016). Proposed Model for the Implementation of Sadaqa House as Banking Product or Service. International Journal of Islamic Economics and Finance Studies , 2 (2) , 1-12 . Retrieved from https://dergipark.org.tr/en/pub/ijisef/issue/29330/313833
MLA MUSAFAR HAMEED, L , MISKAM, S . "Proposed Model for the Implementation of Sadaqa House as Banking Product or Service". International Journal of Islamic Economics and Finance Studies 2 (2016 ): 1-12 <https://dergipark.org.tr/en/pub/ijisef/issue/29330/313833>
Chicago MUSAFAR HAMEED, L , MISKAM, S . "Proposed Model for the Implementation of Sadaqa House as Banking Product or Service". International Journal of Islamic Economics and Finance Studies 2 (2016 ): 1-12
RIS TY - JOUR T1 - Proposed Model for the Implementation of Sadaqa House as Banking Product or Service AU - Latifa Bibi MUSAFAR HAMEED , Surianom MISKAM Y1 - 2016 PY - 2016 N1 - DO - T2 - International Journal of Islamic Economics and Finance Studies JF - Journal JO - JOR SP - 1 EP - 12 VL - 2 IS - 2 SN - 2149-8393-2149-8407 M3 - UR - Y2 - 2020 ER -
EndNote %0 Uluslararası İslam Ekonomisi ve Finansı Araştırmaları Dergisi Proposed Model for the Implementation of Sadaqa House as Banking Product or Service %A Latifa Bibi MUSAFAR HAMEED , Surianom MISKAM %T Proposed Model for the Implementation of Sadaqa House as Banking Product or Service %D 2016 %J International Journal of Islamic Economics and Finance Studies %P 2149-8393-2149-8407 %V 2 %N 2 %R %U
ISNAD MUSAFAR HAMEED, Latifa Bibi , MISKAM, Surianom . "Proposed Model for the Implementation of Sadaqa House as Banking Product or Service". International Journal of Islamic Economics and Finance Studies 2 / 2 (July 2016): 1-12 .
AMA MUSAFAR HAMEED L , MISKAM S . Proposed Model for the Implementation of Sadaqa House as Banking Product or Service. IJISEF. 2016; 2(2): 1-12.
Vancouver MUSAFAR HAMEED L , MISKAM S . Proposed Model for the Implementation of Sadaqa House as Banking Product or Service. International Journal of Islamic Economics and Finance Studies. 2016; 2(2): 12-1.

Authors of the Article
Latifa Bibi MUSAFAR HAMEED [1]
Surianom MISKAM [2]