Social impact measurement of Waqf: case study of Waqf organisations in Karnataka, India

• Main Authors: Mohtesham, Mohammed Meeran Jasir, Syed Azman, Syed Marwan Mujahid
• Format: Article
• Language: English
• Published: Akademi Zakat (AZKA) 2023
• Subjects: BPH741 Waqf; HG3368 Islamic Banking and Finance
• Online Access: http://irep.iium.edu.my/106074/8/106074_SOCIAL%20IMPACT%20MEASUREMENT%20OF%20WAQF.pdf; http://irep.iium.edu.my/106074/; https://azjaf.zakat.com.my/index.php/azjaf/article/view/172/101
• Institution: Universiti Islam Antarabangsa Malaysia

Social Impact Measurement (SIM) is a crucial procedure for assessing and validating the social impact of various activities. Within this context, Waqfendeavours to fulfil Maqasid al-Shari’ah, encompassing the pursuit of Sustainable Development Goals (SDGs). Nevertheless, the absence of a robust mechanism to verify and measure the impact of Waqf, particularly in India, remains a significant challenge. Existing literature on Waqfin India predominantly focuses on administrative issues, neglecting impact assessment. This research aims to explore the current SIM mechanisms implemented by Waqf organisations in Karnataka, India. Furthermore, this study proposes potential mechanisms that Waqf administrators can leverage to streamline impact assessment andreduce the workload and expenses of Waqforganisations Identifying the existing mechanisms serves as a preliminary step towards the efficient development of a SIM framework for Waqfin Karnataka, empowering Waqfadministrators. By employing content and thematic analysis methods, as well as interviews with Waqf organisations, the study uncovers that despite Waqf's contributions towards achieving numerous Maqasid al-Shari’ahand SDGs in Karnataka, the organisationshave not maximised their full potential in measuring and reporting these impacts to relevant stakeholders.