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 PROSPECTS

Organised by State Islamic University of Acheh & International Institute of Islamic Thought, 2015.2.1

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

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

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.

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.

TURKEY: SABANCI VAKIF

Since 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

The groundbreaking ceremony was on July 31, 1997. its first academic year on October 20, 1999.

A campus spread over 1,353,000 m2

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)

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

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.

TURKEY : MANAGMENT OF WAQF UNIVERSITY

FOUNDATION [ Governing Council ]

WAQF UNIVERSITY[ Separate Legal Entity ]

To finance

20% of Operational Budget

FUND FROM THE FOUNDERS COMPANIES AND SHARE HOLDERS

FUNDRISING DEPARTEMENTSociety and Others

PRIVATE AND NON PROFITFINANCIALLY AND ADMINISTRATELY SELF-SUFFICIENT AND

SUSTAINABLE

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]

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

National University of Malaysia [UKM]

Chancellery Foundation

Cash Waqf Scheme

Takaful Waqf Scheme

UKM is waqf recipient institution

Licence Takaful Institutions are Scheme Managers

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.

WEALTH FROM WAQF

In Islam wealth including waqf should be

1. PRODUCTIVE

and

2. ACCUMULATIVE

University Establishes a Waqf Holding

University Establishes a Waqf Division

Malaysian Model of Establishing Waqf University

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

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

MANAGEMENT OF WAQF IN DEVELOPMENT OF EDUCATION.THE BEST MODEL ?????

TURKISH MODEL IS THE BEST Productive and AccumulativeFinancially & Administratively Sel-Sufficient and Sustainable

TURKEY MALAYSIA

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

TERIMA KASIHTASUKUR EDIRIM

THANK YOU

Presenters include from Brunei, Cambodia, China. Hong Kong, Japan, Korea. Indonesia, Malaysia, Philippine and Thailand

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]

With Lectures from State Islamic University of Acheh [UIN]

With Bapak Sidik and Students from State Islamic University of Acheh [UIN]

A taste of local breakfast, Nasi lemak and famous Acheh coffee

DARUSSALAM INN [UIN Hotel] in the main campus where we were staying