Research Output | Dar Al-hikmah Library | IIUM Only
This paper focuses on presenting a working model by combining the concepts ofWaqf and smart Sukuk thatworks under the contract of Ijarah. Therefore, it can be referred to as a waqf based Ijarah Smart Sukuk model. In a study conducted by Che Zuina Ismail (2015), it is found that due to several reasons such as bureaucracy and lack of transparency inw