Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)

<Previous Article In Volume
Next Article In Volume>

Long-Run Financial Sustainability of the Registered Old-Age Care Centres in Malaysia: The Roles of Endowment and Waqf

Authors
Nur Hayati Abd Rahman1, *, Khairunnisa Abd Samad1, Fariha Aiza Ramly1, Zulkefli Muhamad Hanapiyah1, Muhammad Syukri Abdullah1, Noraznira Abd Razak1
1Universiti Teknologi MARA Cawangan Melaka, Melaka, Malaysia
*Corresponding author. Email: nurhayati.uitmt@gmail.com
Corresponding Author
Nur Hayati Abd Rahman
Available Online 16 September 2025.
DOI
10.2991/978-94-6463-839-4_94How to use a DOI?
Keywords
Ageing Population; Malaysia; Japan; Waqf; Long-Term Care Incurance; LTCI
Abstract

Given that the number of ageing populations in Malaysia is keep rising, Malaysia must prepare for increased demands on healthcare and social services. Failing to adapt will give tension to public resources and jeopardize the life quality of the senior citizens. Although Malaysia has developed 379 old-age care centres nationwide under the umbrella of the JKM, these centres are all facing with almost the same challenges, namely funding constraints, shortage of staffs, limited capacity and quality of care. All these challenges are interrelated and directly connected to the funding issue. Thus, since Japan is the super-aged country that has long-term experience in successfully handling these challenges, this paper aims to explore the best practices from Japan on how they finance their old-age care centres. Besides, this paper also aims to examine the possibility of using endowment funds to finance the old-age care centres in ensuring financial sustainability in the long-run. By using a qualitative method, the results of the findings are beneficial for Malaysia’s government and Islamic authorities in every state to look in depth on the ways to overcome the financial issues by using waqf or endowment funds.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
16 September 2025
ISBN
978-94-6463-839-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-839-4_94How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Nur Hayati Abd Rahman
AU  - Khairunnisa Abd Samad
AU  - Fariha Aiza Ramly
AU  - Zulkefli Muhamad Hanapiyah
AU  - Muhammad Syukri Abdullah
AU  - Noraznira Abd Razak
PY  - 2025
DA  - 2025/09/16
TI  - Long-Run Financial Sustainability of the Registered Old-Age Care Centres in Malaysia: The Roles of Endowment and Waqf
BT  - Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
PB  - Atlantis Press
SP  - 1146
EP  - 1157
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-839-4_94
DO  - 10.2991/978-94-6463-839-4_94
ID  - Rahman2025
ER  -