Practices of Hibah (Inter Vivos Gift) Among Technopreneurs in Kelantan

Abstract

Hibah (inter vivos gift) is a component of Islamic wealth management that refers to a material or immaterial gift. The primary objective of this study is to investigate the understanding and practices of hibah among technopreneurs in Kelantan. This study also seeks to determine whether or not individuals, particularly technopreneurs, can manage and grow their wealth responsibly and equitably. This is crucial because if Muslims continue to disregard their property management, unclaimed assets will continue to grow and be frozen. Thus, this study aims to determine the level of understanding and practices of hibah among technopreneurs in Kelantan. Data were gathered through interviews with technopreneurs, and thematic analysis was conducted using the ATLAS.ti data analysis software. Overall, the informants have knowledge of hibah and some of them have practised it. Although hibah has not been fully grasped by the informants, they are familiar with it. This study will provide the policymaker with recommendations for addressing any state-level issues. In addition, it enables the state Islamic religious council to play an essential role in promoting the understanding and practising of hibah among technopreneurs and the Muslim community.