ABSTRACT
This chapter reviews the previous chapters and concludes the discussion on important elements for the HEI management to get alternative funding through endowment and waqf funds for both public and private universities. The chapter suggests some policy implications based on the previous chapters. One of the policies that the universities can consider is the appointment of fund managers. No specific guideline currently exists for appointing fund managers to enable the involvement of the universities in the investment in assets such as bonds, equities, and properties. Therefore, this relevant guideline can encourage the universities to grow the endowment and waqf fund through proper investment strategies adopted by professional fund managers.
