FACTORS AFFECTING STUDENTS’ INTENTION TO DONATE CASH WAQF: THE MEDIATING ROLE OF LITERACY IN INDONESIA

• Published in: ISRA International Journal of Islamic Finance
• Main Author: Rohmana Y.; Juliana J.; Utami S.A.; Ismail S.; Marlina R.
• Format: Article
• Language: English
• Published: International Shari’ah Research Academy for Islamic Finance (ISRA) 2024
• Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85196538214&doi=10.55188%2fijif.v16iS1.552&partnerID=40&md5=7d8dd1a5766fe0dfed2aa710bdd41f96

Purpose — This paper analyses the factors that influence the intention to donate cash waqf among students in Indonesia, with waqf literacy as a mediating variable. Design/Methodology/Approach — This research uses partial least squares structural equation modeling (PLS-SEM) to test the proposed model based on a sample of 80 Islamic economics students at public and private universities in Bandung Indonesia. Findings — The findings show that, first, the intention of students to give cash waqf for charitable and/or social purposes is affected by the level of education and the level of religiosity, whereas the variable ‘access to social media information’ is not found to be significant. Second, the literacy level about cash waqf among students is influenced by the level of education and access to media information, while the level of religiosity is not significant. Third, the level of cash waqf literacy does not mediate the influence of education level, the level of access to media information, and the level of religiosity on the intention to give cash waqf.Originality/Value — The mediating role of literacy adds originality and value in discovering students’ willingness to participate in cash waqf, a form of Islamic charity involving cash donations. By identifying the barriers and motivation for participation, the study provides practical suggestions for educational institutions to implement educational programmes, allocate financing, and develop awareness campaigns to promote a culture of giving and social responsibility among students. Research Limitations/Implications — The findings in this study are limited only to the region of Bandung; therefore, conducting research in different contexts could provide further insights. Practical Implications — This study highlights the important role of the level of education in increasing the level of literacy and the intention to donate cash waqf among students. The implication is that universities are invited to offer innovative patterns of waqf education and training. By providing a clear understanding of cash waqf awareness among college students, this research can assist in designing appropriate literacy and educational campaigns. © 2024, International Shari’ah Research Academy for Islamic Finance (ISRA). All rights reserved.