The Jakarta Post - Study finds alms badly managed

The Jakarta Post - Study finds alms badly managed: "Study finds alms badly managed

Hera Diani, The Jakarta Post, Jakarta

Frequent disasters have left the cash-strapped government lamenting a lack of funds for reconstruction and rehabilitation.

But a study suggests Islamic philanthropy is a tremendous potential funding source for such projects that is not being managed effectively.

Research by the Syarif Hidayatullah State Islamic University's Center for Study of Religion and Culture in Jakarta has found property donations or wakaf from Muslims across the country are worth Rp 590 trillion (about US$64.7 billion) a year."