FACTORSAFFECTING STUDENTS'INTENTION TO DONATE CASH WAQF: THE MEDIATING ROLE OF LITERACYIN INDONESIA

• Published in: ISRA INTERNATIONAL JOURNAL OF ISLAMIC FINANCE
• Main Authors: Rohmana, Yana; Julia, Juliana; Utami, Suci Aprilliani; Ismail, Shafinar; Marlina, Ropi
• Format: Article
• Language: English
• Published: INT SHARIAH RESEARCH ACAD ISLAMIC FINANCE RES MANAGEMENT CTR - ISRA RMC 2024
• Subjects: Business & Economics
• Online Access: https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001359719100003

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 squaresstructural equation modeling (PLS-SEM) to test the proposed modelbased 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, whereasthe variable 'access to social media information'is not found to be significant.Second, the literacy level aboutcash 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 campaignsto promote a culture of giving and social responsibilityamong 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.