Cash Waqf Model for Skill Development and Empowering Small Businesses

Abstract

Purpose of the study.

The aim of this paper is to examine the applicability of combining the skill development and entrepreneurial views together in Cash Waqf model to benefit the beneficiaries by providing them skills as well as capital for starting their business through Cash
Waqf.

Methodology. The research methodology of this paper is qualitative in nature. Extensive literature survey of relevant references relating to Cash Waqf models has been analyzed.

Findings.

The government is not playing its due role in addressing the economic issues of poor due to poor governance and lack of priority setting and planning. Therefore Cash Waqf can bridge this gape by providing skills as well as riba free capital to deprived people for initiation toward entrepreneurship based their skills developed. This will enable beneficiaries to
generate economic activities of become productive people of society.