A NEW FRAMEWORK FOR WAQF TO SOLVE AGEING SOCIETY PROBLEM IN MALAYSIA

Malaysia's ageing population increased by 14 percent by 2030, while the proportion of elderly people living alone increased from 5.1 percent to 9.0 percent. The growing population of older people will have an impact on healthcare finance and social welfare costs. Despite a few initiatives, such as revised the retirement age and providing official care services, family functioning remains as important component of the aid support system. Children, on the other hand, are compelled to work to meet basic necessities and are unable to care for their parents. Children abandoned their parents with little or no financial assistance due to growing medical care expenditures. Waqf is defined as one of the options for meeting the needs of the aged in order to promote the development of a society's social and economic situations and to balance the quality of life among elderly people. Therefore, the purpose of this product is to develop a new framework for waqf in order to address the problem of an ageing society. The inputs to develop this framework were gathered from the focus groups discussions and semi-structured interviews with experts, e.g. Jabatan Kebajikan Masyarakat (JKM), Jabatan Wakaf, Zakat dan Haji (JAWHAR), Yayasan Wakaf Malaysia, Majlis Agama Islam Wilayah Persekutuan (MAIWP), and care centres, e.g. Darul Insyirah and Darul Ilmi. The qualitative data were analysed using Nvivo 12. This product contributes to the development of a new framework for waqf to solve ageing society problems, while also reducing Malaysian government expenditure. This framework is significant to elderly people, stakeholders and nations as a guideline and policy to enhance elderly health care for a higher quality of life.

1. IDRIS BIN OSMAN
2. SHAFINAR BINTI ISMAIL
3. MARYAM JAMEELAH BINTI MOHD HASHIM
4. MOHD RAHIM BIN KHAMIS
5. SITI NURHANIS BINTI MOHD FADZIL