managing waqf in turkey and malaysia for educational development. the best proposed model
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MANAGING WAQFFOR EDUCATIONAL DEVELOPMENT
IN TURKEY and MALAYSIA. PROPOSED BEST MODEL
SHAYA’A OTHMANSenior Academic Fellow
International Institute of Islamic Thought [IIIT] Washington, USAEast & South East Asia Regional Office Kuala Lumpur Malaysia
INTERNATIONAL CONFERENCE. ISLAMIZATION AND INTERGRATION OF KNOWLEDGE IN EAST AND SOUTH EAST ASIA REAGION : CHALLENGES
AND PROSPECTSOrganised by State Islamic University of Acheh & International Institute of Islamic
Thought, 2015.2.1
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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
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TURKEY: WAQF UNIVERSITIES PROVIDE SCHOLARSHIPS SABANCI UNIVERSITY
30% of Undergraduate receiving scholarship
OZYEGIN UNIVERSITY25%. 50% or 100% of tuition fees based on entrance scores
KOC UNIVERSITY100% or 50% of fees tuition fees based on academic merits
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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.
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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.
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TURKEY: SABANCI VAKIFSince 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
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The groundbreaking ceremony was on July 31, 1997. its first academic year on October 20, 1999.
A campus spread over 1,353,000 m2
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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)
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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
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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.
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TURKEY : MANAGMENT OF WAQF UNIVERSITY
FOUNDATION [ Governing Council ]
WAQF UNIVERSITY[ Separate Legal
Entity ]
To finance20% of
Operational Budget
FUND FROM THE FOUNDERS COMPANIES AND SHARE HOLDERS
FUNDRISING DEPARTEMENTSociety and Others PRIVATE AND NON PROFIT
FINANCIALLY AND ADMINISTRATELY SELF-SUFFICIENT AND SUSTAINABLE
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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]
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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
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National University of Malaysia [UKM]
Chancellery FoundationCash Waqf Scheme
Takaful Waqf Scheme UKM is waqf recipient
institution
Licence Takaful Institutions are Scheme Managers
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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.
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WEALTH FROM WAQF
In Islam wealth including waqf should be
1. PRODUCTIVE and
2. ACCUMULATIVE
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University Establishes a Waqf Holding
University Establishes a Waqf Division
Malaysian Model of Establishing Waqf University
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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
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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
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MANAGEMENT OF WAQF IN DEVELOPMENT OF EDUCATION.THE BEST MODEL ?????
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TURKISH MODEL IS THE BEST Productive and AccumulativeFinancially & Administratively Sel-Sufficient and Sustainable
TURKEY MALAYSIA
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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
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TERIMA KASIHTASUKUR EDIRIM
THANK YOU
Presenters include from Brunei, Cambodia, China. Hong Kong, Japan, Korea. Indonesia, Malaysia, Philippine and
Thailand
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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]
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With Lectures from State Islamic University of Acheh [UIN]
With Bapak Sidik and Students from State Islamic University of Acheh [UIN]
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A taste of local breakfast, Nasi lemak and famous Acheh coffee
DARUSSALAM INN [UIN Hotel] in the main campus where we were staying