Waqf-driven socioeconomic growth: an impact study of Waqaf An-Nur's community development program
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Date
2025
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Abstract
This project summary outlines research examining the impact of Waqaf An-Nur Corporation Berhad (WANCorp) community development programs. WANCorp is a company limited by guarantee dedicated to utilising waqf (endowment) principles to foster community and economic development. Its mission is to channel waqf resources into initiatives that uplift society, including programs in healthcare, socioeconomic empowerment, spiritual enhancement, and welfare support. In 2019, the Johor State Islamic Religious Council entrusted WANCorp to manage Johor�s Business Zakat Agency (JCorp). This strategic move expanded WANCorp�s reach, allowing it to serve a broader beneficiary base through a range of impactful programs. The Centre of Excellence for Islamic Social Finance (COE ISF) researchers employed the Theory of Change framework to evaluate its programs� societal impact. This model analyses how specific interventions can generate measurable improvements in community welfare by mapping the pathway from inputs to processes, outputs, and desired outcomes.
Keywords
Waqaf An-Nur , Waqf , Entrepreneurship
Citation
Abdul Khir, M. F., A. Mohsin, M. I., Rahim, H., Mohd Zulkarnaini, S., Fakhrunnas, F., & Al Zaharam, N. A. (2025). Waqf-driven socioeconomic growth: An impact study of Waqaf An-Nur's community development program. IF Hub, 1 (January 2025), 19-23.
Publisher
ISRA Research Management Centre
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Waqf_driven_socioeconomic_growth_Mohamed Fairooz_Magda Ismail.pdf
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