A Case Study of Waqf Fund in Tertiary Education

Rise in cost for higher education have been causing less privilege and self-financed students who wanted to further their studies tertiary unable do so due the affordability lack of availability financial assistance. However, waqf is most effective ways that used solve problem. This study aims examine how universities established own or endowment fund help are dire need assistance at same time becomes an alternate supply funds finance academic activities university. The also explained challenges facing by universities’ bodies. For that, two public chosen this i.e., Universiti Teknologi Malaysia (UTM) International Islamic University (IIUM). research uses a qualitative approach applying interviews library process collecting data. finding has shown undoubtedly offers great benefit ensuring opportunity access both – IIUM UTM. challenge, however, it requires continuous societal support order sustain its operation