Investment of Waqf funds in Malaysia: A Descriptive Study of Cultivating Uncultivated Land from Public Interest Perspective

Abstract

Objectives: The research aims to shed light on the role of investment in uncultivated lands and its contribution to improving the standard of living and reducing the poverty rate among farmers and low-income families in Malaysia. Through the legitimate investment model of profits from Waqf funds, which are of a charitable and community nature. Methodology: The research employed a descriptive analytical approach to examine the positive side of benefiting from investing Waqf funds in accordance with the principles of Islamic law. Results: One of the most important findings of the research is identifying the potential social benefits of investing in using uncultivated lands, identifying potential challenges and obstacles, providing recommendations to enhance the public interest and sustainability of investment, and success in managing Waqf fund investments. It is an economic matter that keeps pace with the development of life and meets its requirements. Conclusion: The program seeks to provide small loans to finance potential agricultural activities, such as food crops, medicinal plants or animal husbandry, which can add to the income generated by segments of Malaysian society, including low-income individuals and people with special needs, through financing. Investing in agriculture in vacant and uncultivated lands, which are limited to the Malaysian states. Which requires investment and economic revitalization and benefits from environmental sustainability and the effects of investment on it.