The Role of Good Governance regarding Waqf in Achieving Sustainable Development: A Case of Bangladesh

Abstract

Good governance of charity foundations in Islam specifically waqf plays a significant role in achieving sustainable development The substantial proportion of total waqf is still lying dormant across the world till now The aim of the study is to obtain a better understanding of the problems related to waqf governance and its characteristics An exploratory research design which uses depth interview is carried out on the authority which is responsible for the implementation of waqf governance in the region of south-east Asia particularly in Bangladesh The findings showed that legislation and inefficient management are among the possible impeding factors for good governance of waqf The paper therefore concludes with the employment governance on waqf distribution that may be the effective model for achieving the Sustainable Development goals of Bangladesh through charity fund before 2030 easily side by side Bangladesh can be the role model of entire world