Religious non-profit organisations’ (RNPOs) financial management in Malaysia: key drivers and insights from the literature

Rozaidy Mahadi and Noor Kaziemah Sariman and Ag Kaifah Riyard Kiflee (2024) Religious non-profit organisations’ (RNPOs) financial management in Malaysia: key drivers and insights from the literature. Information Management and Business Review, 16 (4). pp. 118-127. ISSN 2220-3796

Text FULL TEXT.pdf Restricted to Registered users only Download (248kB) | Request a copy

Abstract

This study examines the financial management practices of Religious Non-Profit Organisations (RNPOs) in Malaysia, addressing a critical need for improved governance and transparency across religiousbased non-profit organizations. Despite the vital role of RNPOs in supporting socio-economic development, existing research primarily focuses on donor intentions rather than the organizational perspective, leaving a significant gap in understanding financial practices. Employing a thematic analysis of key studies, this research explores drivers of financial sustainability, including standardized reporting, accountability measures, and donor engagement strategies. The findings reveal notable disparities in financial disclosures, particularly between Islamic and non-Islamic RNPOs, and highlight the importance of financial integrity in building donor trust. This study proposes a comprehensive approach to enhance financial practices, advocating for the development of standardized reporting frameworks and improved governance mechanisms tailored to the unique needs of multi-faith RNPOs. The insights strengthen the financial credibility and operational effectiveness of RNPOs, providing a foundation for future research and policy development to sustain this essential community organization.

Item Type:	Article
Keyword:	Religious Non-Profit Organisations, Governance, Religious, Financial Accounting and Reporting
Subjects:	H Social Sciences > HB Economic theory. Demography > HB1-3840 Economic theory. Demography H Social Sciences > HG Finance > HG1-9999 Finance > HG179 Personal finance
Department:	FACULTY > Faculty of Business, Economics and Accounting
Depositing User:	SITI AZIZAH BINTI IDRIS -
Date Deposited:	04 Mar 2025 07:51
Last Modified:	04 Mar 2025 07:51
URI:	https://eprints.ums.edu.my/id/eprint/42989

Actions (login required)

View Item