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Purpose   Waqf  (Islamic endowment) in the form of cash is important to address the problem of developing idle  waqf  lands. Although there are various existing models of cash  waqf , there is still a need for innovative cash  waqf  models. This paper aims to offer an alternative mode of financing for developing idle  waqf  lands using the concepts of cooperatives and  waqf .    Design/methodology/approach  The present study first evaluates relevant literature on financing issues faced by  waqf  institutions in developing idle  waqf  lands as well as existing models of cash  waqf . Based on the prevailing gap in cash  waqf  models, the study proposes a hybrid model of cooperative- waqf  to finance idle  waqf  lands in Malaysia.    Findings  The proposed model is unique owing to the new dimension of membership being embedded into the  waqf  project. It considers donors as members of the  waqf  project, which is funded through the cash  waqf  collected, and thus, donors are given the privilege to receive benefits from the commercialised projects that are developed on the  waqf  lands. The existing models of cash  waqf  use traditional methods in which donors merely contribute cash  waqf  without any awareness of how the contributions are utilised. Usually, this problem occurs due to the lack of reciprocal communication between cash  waqf  donors and  waqf  institutions.    Research limitations/implications  The present study examines the case of  waqf  land development in the context of Malaysia only. Secondly, the paper does not contain any empirical analysis, and the development of the paper is based on existing literature that discusses various models of cash  waqf  practised in Muslim-majority and -minority countries. Future research can conduct surveys of donors and other stakeholders on the practicality of the model.    Practical implications  It is expected that the proposed cooperative- waqf  model will be able to create a synchronised relationship between cash  waqf  donors and  waqf  institutions and hence boost participation in developing  waqf  lands.    Originality/value  The present study adds to the existing literature in the area of  waqf  and cash  waqf  models, especially the application of this instrument in the context of Malaysia. It also offers a new hybrid model to the State Islamic Religious Councils (SIRCs) – Malaysia’s sole trustee of  waqf  assets management – such that the implementation of the proposed model could boost the collection of cash  waqf  in developing commercial projects on idle  waqf  lands.

Cooperative-waqf model: a proposal to develop idle waqf lands in Malaysia