scholarly journals Access to Own Dwelling through Ijarah at Islamic Banks and State-Owned Housing Scheme in Pakistan

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Naseem Razi ◽  
Rashida Zahoor ◽  
Muhammad Asif Safdar ◽  
Jibran Jamshed
Keyword(s):  
Low Income ◽  
Banking Sector ◽  
Low Cost ◽  
Homeless People ◽  
The State ◽  
Poor People ◽  
Islamic Banks ◽  
The Public ◽  
Housing Scheme ◽  
Low Cost Housing

Purpose: Access to a safe dwelling is one of the necessities of life and an indicator to reveal the economic development of a country. In Pakistan, however, the majority of the people do not have their dwelling rather have to spend their life in renting homes or in slums. To overcome the housing shortfall, the State Bank of Pakistan has pronounced a low-cost housing scheme for the poor and the low-income segment of the society while the Islamic banking sector also offers ijarah facility to purchase or to construct own dwelling and claims to work in the objective of Islamic legal system. Therefore, this study aims to analyze critically,  ijarah and state-owned low-cost housing scheme from the public insight. Design/Methodology/Approach: This research aims to utilize analytical, theoretical, and empirical methods of research rather than some combination thereof by utilizing experimental reasoning based on naturally occurring data, reports, and surveys. To evaluate ijarah and government housing scheme from public insight, a survey of 100 salaried persons has been conducted by way of the questionnaire at different companies in  District Rawalpindi. Findings: This study found that Pakistan is suffering from the acute issue of lack of own dwelling. The result of the conducted survey reveals that the majority of the employed people showed more trust in the state-owned housing scheme than ijarah at Islamic banks. Those people showed their interest in the state-owned housing scheme than ijarah at Islamic banks. Implications/Originality/Value:  The practical approach to ijarah at Islamic bank found in trust deficit concerning the public insight. That ijarah does not provide low-cost homes to the homeless people, hence not serving by Shari’ah. The current policy of the state provides an opportunity to ijarah to facilitate poor people by softening its terms and conditions and by way of qard-e-hasanah. 

Mobile Home Park Community Educational Service Costs and Revenues in New Hampshire

1973 ◽  
Vol 2 (2) ◽  
pp. 143-152
Author(s):  
Richard L. Tichenor ◽  
Edmund F. Jansen ◽  
Nelson L. Le Ray
Keyword(s):  
Public Housing ◽  
New Hampshire ◽  
Low Income ◽  
Low Cost ◽  
Educational Service ◽  
Mobile Home ◽  
Private Provision ◽  
The Public ◽  
Low Cost Housing ◽  
Common Situation

In communities where average family incomes are low relative to the costs of conventional housing – a common situation in New Hampshire – the services of adequate housing are, in effect, unavailable to many resident. If this service is to be available to low income residents, the public sector must provide public housing, or encourage private provision of low cost housing. Yet, instead of encouraging such housing, many New Hampshire communities ban or restrict the most common form of low cost housing – the mobile home.

scholarly journals COMBATING SQUATTERS IN MALAYSIA: DO WE HAVE ADEQUATE POLICIES AS INSTRUMENT?

2017 ◽  
Vol 16 (6) ◽  
Author(s):  
Yusfida Ayu Abdullah ◽  
Julieven Nonoi Kuek ◽  
Hazlina Hamdan ◽  
Farrah Lyana Mohd Zulkifli
Keyword(s):  
Affordable Housing ◽  
Low Income ◽  
Urban Areas ◽  
Low Cost ◽  
National Plan ◽  
Housing Provision ◽  
The Public ◽  
Low Income Groups ◽  
Low Cost Housing ◽  
The Government

The year 2014 had witnessed the scenario where most of the states in Malaysia pledged to declare themselves as Zero Squatter state. Thus far, most of the states in Malaysia are still striving to achieve the goal. The government has therefore aspires to reach the target by the year 2020. The Malaysian government under its 5-years National Plan has since introduced the low, medium and high cost housing categories. The housing policy was therefore designed to provide the public of all income levels, particularly the low-income groups, with affordable housing as part of an effort to eradicate squatters. However, despite the various policies, the number of squatter families remains large, especially in the urban areas. This paper therefore, intends to examine the instruments put forward by the government to eliminate squatters and assess the roles of related parties assigned to achieve the government’s mission. Through a qualitative approach, results demonstrated that Malaysia has various types of polices and guidance at both the federal and state levels in relation to low-cost housing provision. These would have supposed to help reduce the number of squatters in the country. However, to date, Malaysia is still experiencing problems with squatters. This calls for further investigation.

scholarly journals THE HOUSING DESIGN FOR RESIDENTIAL LIVABILITY: THE LOW-INCOME EARNER PERSPECTIVE

2019 ◽  
Vol 4 (2) ◽  
pp. 11-13
Author(s):  
Sunusi Bashari ◽  
Ahmad Hariza Hashim
Keyword(s):  
Low Income ◽  
Low Cost ◽  
Well Being ◽  
Quantitative Aspect ◽  
Housing Design ◽  
The Public ◽  
Low Cost Housing ◽  
The Government ◽  
Housing Attributes ◽  
Housing Units

In Nigeria, statistics has shown that over 7 out of every 10 people live below the minimum poverty level and 9 of every 10 are in the low-income group (Fadairo & Olotuah, 2013). This indicates that, these people cannot provide housing for themselves, they need intervention from government through public low-cost housing. Public Low-cost housing has been defined as constructed public residential houses funded  by the government or in partnership with the government under the public-private partnership (PPP) scheme, to provide affordable housing for low-income people  (Ayoola & Amole, 2014; Makinde, 2014a). The results indicated that, there is need to consider users preferences in construction of public low-cost housing so as achieve maximum satisfaction. Research Objectives The purpose of this paper is to explore the design of public low-cost housing in Jigawa State, Nigeria and assess how residents perceived the housing units in relation to their culture since housing units are constructed or an intervention of the government for low-income earners. Thus, the paper would serve as a blueprinted government, housing policy makers and housing developers to understand that, the housing constructions and infrastructural elements should reflect the cultural background of the beneficiaries. Views of beneficiaries before and after construction of public low-cost housing are of great importance. Methodology This research was conducted through both qualitative and quantitative approaches. In qualitative aspect, three respondents were interviewed to express their perception on the public low-cost housing design, while quantitative aspect assessed the residential housing attributes of low-cost housing estates with view to identify the most important housing attributes considered by the residents through descriptive statistics and Relative Importance Index (RII). This was achieved through a well-structured questionnaire administered to the residents of public low-cost housing of Jigawa state, Nigeria although without considering other categories of housing type and high-income people. Previous studies such as Lukuman, Sipan, Raji, and Aderemi (2017), Tanko, Abdullah, and Ramly (2017) and Adegoke (2016) used RII on various studies. Results The results indicated that, the design of public low-cost housing in Jigawa State, Nigeria does not reflect the culture of the residents, most of the residents are not satisfied with it. In addition, out of fifty five (55) constructs from five (5) housing-related dimensions, the result identified thirty two (32) important attributes out of these, the residents considered twelve (12) to be the most important attributes affecting their well-being. Findings The residents of public low-cost housing preferred the housing design that will ensure privacy of their family in term of; provision of wall demarcation; more number of bedrooms, toilets and the position of main entrance should not face directly to the main street/road. The residents also, found sharing of toilets system and common roofing as part of housing design that affect the well-being. Other public low-cost housing attributes that perceived and ranked as the most important to them are; Masjid, social interaction, neighbors’ friendliness and helpful. Therefore, future construction of public low-cost housing in Jigawa State should incorporate these attributes/items in order to improve the well-being of the residents. Acknowledgement I appreciate the effort and proper supervision given to me by the chairman of my supervisory committee in person of Prof. Ahmad Hariza Hashim (PhD) and Co-supervisors; Prof. AsnarulKhadi Abu Samah (PhD) and Associate Prof. Nobaya Ahmad.

scholarly journals COMBATING SQUATTERS IN MALAYSIA: DO WE HAVE ADEQUATE POLICIES AS INSTRUMENT?

2017 ◽  
Vol 15 ◽  
Author(s):  
Yusfida Ayu Abdullah ◽  
Julieven Nonoi Kuek ◽  
Hazlina Hamdan ◽  
Farrah Lyana Mohd Zulkifli
Keyword(s):  
Affordable Housing ◽  
Low Income ◽  
Urban Areas ◽  
Low Cost ◽  
National Plan ◽  
Housing Provision ◽  
The Public ◽  
Low Income Groups ◽  
Low Cost Housing ◽  
The Government

The year 2014 had witnessed the scenario where most of the states in Malaysia pledged to declare themselves as Zero Squatter state. Thus far, most of the states in Malaysia are still striving to achieve the goal. The government has therefore aspires to reach the target by the year 2020. The Malaysian government under its 5-years National Plan has since introduced the low, medium and high cost housing categories. The housing policy was therefore designed to provide the public of all income levels, particularly the low-income groups, with affordable housing as part of an effort to eradicate squatters. However, despite the various policies, the number of squatter families remains large, especially in the urban areas. This paper therefore, intends to examine the instruments put forward by the government to eliminate squatters and assess the roles of related parties assigned to achieve the government’s mission. Through a qualitative approach, results demonstrated that Malaysia has various types of polices and guidance at both the federal and state levels in relation to low-cost housing provision. These would have supposed to help reduce the number of squatters in the country. However, to date, Malaysia is still experiencing problems with squatters. This calls for further investigation.

scholarly journals Public Low-Cost Housing Design: The Residents’ Perception

2019 ◽  
Vol 8 (6S3) ◽  
pp. 262-269
Keyword(s):  
Low Cost ◽  
Well Being ◽  
Quantitative Aspect ◽  
Qualitative Aspect ◽  
Residential Housing ◽  
Housing Design ◽  
The Public ◽  
Low Cost Housing ◽  
Housing Attributes ◽  
Housing Units

The purpose of this paper is to explore the design of public low-cost housing in Jigawa State, Nigeria and assess how residents perceived the housing units in relation to their culture and impact on their well-being. The housing units were constructed as an intervention by the government for low-income earners. This research was conducted through both qualitative and quantitative approaches. In qualitative aspect, three respondents were interviewed to express their perception on the public low-cost housing design, while quantitative aspect assessed the residential housing attributes of low-cost housing estates with view to identify the important housing attributes considered by the residents for their well-being and was used to support the qualitative aspect. This was achieved through descriptive statistics using Relative Importance Index (RII). A well-structured questionnaire was administered to the residents of public low-cost housing of Jigawa state, Nigeria. The results indicated that, the design of public low-cost housing in Jigawa State, Nigeria does not reflect the culture of the residents, most of the residents were not satisfied with it. In addition, out of fifty five (55) constructs from five (5) housing-related dimensions, the result identified thirty two (32) important attributes out of these, the residents considered twelve (12) to be the most important attributes affecting their well-being. Thus, the paper would serve as a blueprinted government, housing policy makers and housing developers to understand that, the housing constructions and infrastructural elements should reflect the cultural background of the beneficiaries. Views of beneficiaries before and after construction of public low-cost housing are of great importance. The findings of this paper were based on reviewed of earlier studies on residential-housing units, field work and research conducted on particularly the public low-cost housing in Jigawa State, Nigeria

Assessing Low-Cost Housing Demand in Melaka: PLS-SEM Approach

2013 ◽  
Vol 838-841 ◽  
pp. 3156-3162 ◽  
Author(s):  
Noor Yasmin Zainun ◽  
Nadzirah Roslan ◽  
Aftab Hameed Memon
Keyword(s):  
Low Income ◽  
Goodness Of Fit ◽  
Housing Stock ◽  
Low Cost ◽  
Great Influence ◽  
Economic Factor ◽  
Housing Demand ◽  
Factors Affecting ◽  
Low Cost Housing ◽  
The Government

Housing is one of the basic needs of human. Population in Malaysia is increasing and expected to reach up to 35 million in year 2020. This phenomenon creates high demand for housing. To tackle the squatter problems, the government introduces low-cost housing. Low cost house is known as the government house, where the price is cheaper but still comfortable. Although there are many of low-cost housing projects have been completed to cope with the need of the citizen especially for low-income group. However, census report reveled that these is huge demand of low-cost housing. This demand might be because of various factors which are very essential to identify in order to meet the required demand of low cost houses. Hence, this study is carried out to assesse the demand of low cost housing in Melaka, determine the significant factors affecting demand of low-cost housing, and establish PLS-SEM model for assessing factors affecting low-cost housing demand. In this study, data are collected by distributing questionnaire in Melaka state. The collected data from survey was analyzed using statistical software SPSS and presented in graphs and chart. Further, factors affecting low cost housing demand in Melaka were modeled with the SmartPLS v2.0. The model shows the relationship between low cost housing demand and its indicators. The finding of the study showed that most significant indicators affecting the demand of low-cost housing in Melaka are the economic factors which include housing stock, inflation rate and Gross Domestic Products (GDP). The Goodness of Fit showed that the model has substantial explaining power for the assessing factors affecting low cost housing demand in Melaka which the values is 0.481. This means that the economic factor has a great influence on the low-cost housing demand in Melaka.

FINANCIAL INCLUSION THROUGH MICRO FINANCE

2021 ◽  
pp. 1-4
Author(s):  
P. Nagarajan
Keyword(s):  
Developing Countries ◽  
Low Income ◽  
Rural Areas ◽  
Banking Sector ◽  
Financial Inclusion ◽  
Vulnerable Groups ◽  
Poor People ◽  
Resource Base ◽  
Income Groups ◽  
Low Income Groups

Finance has become an essential part of an economy for development of the society as well as economy of nation. World leaders are embracing nancial inclusion at an accelerating pace, because they know that an inclusive nancial system that responsibly reaches all citizens is an important ingredient for social and economic progress for emerging markets and developing countries. Despite the political tailwind, half of the working-age adults globally – 2.5 billion people – remain excluded from formal nancial services. Instead, they have to rely on the age-old informal mechanisms of the moneylender or pawnbroker for credit or the rotating savings club and vulnerable livestock for savings. The pandemic has had a momentous impact on economies and societies around the world. At the same time, it has shown that, with the right approach, it is possible to protect and safeguard the economy. . Through Financial inclusion we can achieve equitable and inclusive growth of the nation. Financial inclusion stands for delivery of appropriate nancial services at an affordable cost, on timely basis to vulnerable groups such as low income groups and weaker section who lack access to even the most basic banking services. It helps in economic development as it widens the resource base of the nancial system by developing a culture of savings among large segment of rural population. Further, nancial inclusion protects their nancial wealth and other resources in exigent circumstances by bringing low income groups within the perimeter of formal banking sector. Financial inclusion engages in including poor people in the formal banking industry with the intention of securing their minimal nances for future purposes. Micronance has become a medium of extending nancial services to unbanked sections of population. Micronance is banking the unbankables, bringing credit, savings and other essential nancial services within the reach of millions of people who are too poor to be served by regular banks, in most cases because they are unable to offer sufcient collateral. In a country like India with almost 30% (more than 360 million) people still below poverty line and according to latest census gures, more than 70% or 840 million people living in rural areas with little or no access to formal banking and other nancial services, micronance has a big role to play in order to bridge this gap. The Micro Finance Institutions occupies key position in nancial inclusion through micro nance where the exclusion. In developing countries, the growth of micronance institutions (MFIs) which specically target low income individuals are viewed as potentially useful for promotion of nancial inclusion. Even though MFIs at present, mainly offer only credit products; as they grow, they are likely to expand their product range to include other nancial services.

POST OCCUPANCY EVALUATION OF PHYSICAL ENVIRONMENT IN PUBLIC LOW-COST HOUSING

2015 ◽  
Vol 75 (10) ◽  
Author(s):  
Nurhayati Khair ◽  
Hishamuddin M. Ali ◽  
Ibrahim Sipan ◽  
Nur Hafizah Juhari ◽  
Siti Zaleha Daud
Keyword(s):  
Low Income ◽  
Physical Environment ◽  
Crucial Role ◽  
Low Cost ◽  
Sampling Technique ◽  
Housing Unit ◽  
Existing Building ◽  
Post Occupancy Evaluation ◽  
Low Cost Housing ◽  
Physical Elements

Malaysian government has introduce public low-cost housing during Malaysian Plan as an initiative to help the low-income household owners and squatters. However, in developing the low-cost housing, the quality and environmental aspects should be emphasized. Post Occupancy Evaluation (POE) is an approach in assessing existing building performance and future development of buildings to ascertain feedback from occupants after the building has been occupied for some time. This paper determines the physical environment based on occupants preference by using the POE tools. Physical environment elements obtained through literature review consists of facilities, spaces and services offered in each housing unit. A sum of 13 physical environment elements were measured by 868 occupants in Johor’s Public Low-cost Housing. Convenience sampling technique was the method used to determine the adequacy of sample throughout data collection process, subsequently it has been analyzed using frequency and factor statistics. The study reveals that physical environment elements were playing the crucial role in every housing unit. However, dwelling unit features, housing conditions and location were mainly the highest preference amongst occupants. In fact, physical environment elements plays an entirely crucial role in developing occupant’s comfort and satisfaction. Nevertheless, a few physical elements that show the least preferable amongst occupant such as external utilities and services, management, lighting and ventilation need to be given more attention in order to create a better environment in the future.  

Unravelling the encumbrances in the low-cost housing computerised open registration system in Malaysia's major cities

2020 ◽  
Vol 38 (3) ◽  
pp. 325-343 ◽  
Author(s):  
Andrew Ebekozien ◽  
Abdul-Rashid Abdul-Aziz ◽  
Mastura Jaafar
Keyword(s):  
State Government ◽  
Low Income ◽  
Low Cost ◽  
Relevant Information ◽  
Future Research ◽  
Registration System ◽  
Content Type ◽  
The Sustainable Development ◽  
Allocation Process ◽  
Low Cost Housing

PurposeMalaysia's open registration system (ORS) scheme, which began in 1997, was established as part of prevention mechanism by the Ministry of Housing and Local Government to plug the leakage in the low-cost housing (LCH) allocation process. After two decades, ineligible persons still secure LCH to the detriment of the Malaysian low-income earners (LIEs) house-buyers/rentals. This paper explored the LCH computerised ORS for LIEs and proffered policy solutions to improve the scheme.Design/methodology/approachThe data were collected via unexplored exploratory sequential mixed methods approach that engaged 25 well-informed participants and the ‘quantilised findings’, validated by the Malaysian LCH policymakers.FindingsThis paper found that there is weak compliance to computerised ORS, which is pronounced in states with relaxed eligibility clearance. Also, it was found that under-declaration of income evident in states where there is relaxed verification and lack of data sharing between states and with federal governments, among others, are the root cause of weak compliance to computerised ORS.Research limitations/implicationsThis paper is limited to unravelling the encumbrances in the low-cost housing computerised open registration system in Malaysia's major cities. Future research is needed to use relevant information to access the level of enforcement of the computerised open registration system across the states of Malaysia.Practical implicationsThis paper recommended that LCH computerised ORS should be devoid of party favouritism, state government should establish functional LCH computerised ORS, and the state and federal governments, should embrace cooperative federalism. Also, applicants should be subjected to the Central Credit Reference Information System check, and culprits should be referred to the Malaysian Anti-Corruption Commission. This paper provides salutary lessons on how to improve the scheme with a view to achieving the Sustainable Development Goals regarding housing in 2030.Originality/valueThis paper demonstrates that the low-cost housing computerised open registration system in Malaysia is yet to be implemented across the states.

THEORETICAL ASSESSMENT OF IMPACTS OF PROPERTY RIGHTS ON EXISTING RECONSTRUCTION AND DEVELOPMENT PROGRAM HOUSES

2019 ◽  
Vol 6 (1) ◽  
Author(s):  
Nokulunga Mashwama ◽  
Clinton Aigbavboa
Keyword(s):  
Literature Review ◽  
Property Rights ◽  
Affordable Housing ◽  
Low Cost ◽  
Sustainable Use ◽  
Development Program ◽  
Poor People ◽  
Real Property ◽  
Low Cost Housing ◽  
Legal Security

The paper assesses the impacts of property right on low-cost housing and the solutions to address the challenges of property rights on low-cost housing. A literature review is the primary research method on the subject matter to find answers to impacts of property rights on affordable housing. The basis of the study is a general literature review (locally and internationally) published by other researchers on the similar study. The study indicated that enhanced political voice and political accountability has an impact on improving the prospects for secure property rights. Moreover, influence and supports the notion that the rule of law, in providing legal security for property rights, is an enabling condition for economic growth. Furthermore, if governments of developing countries provide real property ownership with clear titles and rights enforceable by law, then poor people will be able to use their assets to obtain credit which can be employed in productive activities, and countries could lever themselves and their poor inhabitants out of poverty. The research will make contribution to type of land reform, which lead to sustainable development through land titling, a reduction in the probability of being evicted, or otherwise losing land rights and provide land users with greater assurance that they will enjoy fruits of their labor and investment, thereby encouraging them to make long-term investments for sustainable use of their properties.

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