Resumen de Urgency in Waqf-Microfinance Project Collaboration for Socioeconomic Growth and the Mediating Effect of Sustainability Using PLS-SEM Analysis
Siti Sara Ibrahim, Dalila Daud, Nurazilah Zainal, Abd Halim Mohd Noor, Irfan Syauqi Beik
The microfinance industry has contributed significantly to sustainable socioeconomic growth. In spite of its remarkable significance, microfinance still faces some obstacles in the industry. A significant challenge is its poor performance in terms of business growth due to lack of integrative approaches and creative resources. In response to this issue, a collaboration between Waqf and Microfinance is proposed to develop socioeconomic growth for sustainability. However, the element of urgency as an intangible resource is needed to ensure the collaboration practice will perform well and significantly contribute towards sustainable socioeconomic growth. Thus, this study aims to examine the impact of urgency on the performance of Waqf-Microfinance project collaborations. To contextualize sustainability within the collaborative practice, this study has evaluated the mediating influence of sustainability in terms of the relationship between urgency and the performance of Waqf-Microfinance collaborative projects. Subsequently, the advance partial least square technique (PLS) was employed as the primary approach to assessing the research model of the study. A quantitative approach was employed in this study. Industry practitioners are encouraged to adopt this research framework in developing a model that can provides a comprehensive guideline on the importance of urgency to enhance the performance of waqf- microfinance collaboration.
