Optimizing Waqf Management: A Strategic KPI Framework for Sustainable Impact and Enhanced Accountability
University of Religions and Denominations · Islamic Azad University North Tehran Branch · +1 more institution
Abstract
This paper introduces a strategic Key Performance Indicator (KPI) framework to optimize Waqf (Islamic endowment) management, addressing the critical needs of financial sustainability, transparency, and measurable social impact. Waqf, historically integral to Islamic social welfare, faces contemporary challenges that necessitate structured management practices. Leveraging KPIs across areas such as asset management, governance, operational efficiency, and stakeholder engagement, this framework enhances accountability and aligns Waqf resources with community priorities. Findings underscore the benefits of adopting KPI-driven management, including improved resource allocation, asset longevity, and financial…
Citation impact
- FWCI
- 201.13
- Percentile
- 99%
- References
- 9
Authors
3Topics & keywords
- Waqf
- Accountability
- Asset (computer security)
- Stakeholder
- Performance indicator
- Key (lock)
- Asset management
- Resource allocation