Role of Waqf in poverty mitigation: A study from South Punjab Pakistan

Abstract

This study investigated the mediating role of family well-being in the relationship between waqf and poverty mitigation. Using a cross-sectional design, data was collected from 350 respondents in a Malaysian context. The results showed that waqf practices have a direct positive effect on poverty mitigation and family well-being. Family well-being, in turn, partially mediates the relationship between waqf and poverty mitigation. The study provides evidence for the potential of waqf practices to improve family well-being, which can ultimately contribute to poverty reduction. The findings have important implications for policymakers, organizations, and Islamic philanthropists involved in poverty reduction efforts. Policymakers can promote and support waqf practices to mitigate poverty, while organizations can focus on initiatives that improve family well-being. The study highlights the importance of family well-being in poverty reduction efforts and provides valuable insights for poverty reduction strategies and initiatives.