Developing Green Waqf Model for Environmental Issues
DOI:
https://doi.org/10.58968/iem.v2i2.319Keywords:
Green Waqf, SDGs, Islamic social finance, SDG-15Abstract
The discussion on strengthening environmental issues for sustainable development is summarized in SDGs goal fifteen. On the other hand, waqf is an Islamic social fund instrument that has a sustainable nature and has relevance to SDGs, so it has the potential to be developed in its role in maintaining a more sustainable environment. This research seeks to look at waqf models that are relevant to the SDGs by prioritizing waqf models that can be implemented in Indonesia in line with SDGs goal 15 from the Maqasid al-Shariah perspective. Furthermore, this research proposes a model for realizing the 15th SDG goal, namely the preservation of terrestrial ecosystems based on waqf through a modified Green Waqf scheme
Downloads
References
Abdullah M. (2018). Waqf, Sustainable Development Goals (SDGs) and Maqashid al-Syariah. International Journal of Social Economists. 45(1):158-172. two: https://doi.org/10.1108/IJSE-10-2016-0295
Ahmad S (2020). Islamic Integrated Waqf Model for Higher Education Development of Educational Institutions in Pakistan. IJIEG. 1(1):84-93
Alam MM, Shahriar SM, Said J, Elahi MM. (2018). Waqf as a Tool to Provide Social Welfare Services in the Social Sector Entrepreneurial Context. GJAT. ISSN: 2232-0474
Al-Anzi E, A-Duaij N. (2004). Islamic Waqf and Environmental Protection. Codicillus. 45(2): 52-63
Ali K. Kassim S. (2020). Waqf forest: How Waqf Can Play a Role in Forest Conservation and Achievement of the SDGs? . ethics. 19(2):349- 364. DOI: 10.15408/ etk.v 19i2.16310
Ali K, Kassim S, Jannah M, Ali ZM. (2021). Increasing the Role of Zakat and Waqf in Social Forestry Programs in Indonesia. Economica: Islamic economics journal. 12(1):1-26. DOI: https://doi.org/10.21580/economica.2021.12.1.6657
Ambrose AHBTAA. (2018). the impact of waqf financing on government spending and debt in Malaysia. Dissertation. ??
Amin RM, Yusof SA, Haneef MA, Muhammad MO, Oziev G. (2015). Integrated Development Index (I-Dex): A New Comprehensive Approach to Measuring Human Development. EL-Karanshawy HA et al (Eds), In Islamic Economics: Policy Theory and Social Justice, Doha, Qatar: Bloomsbury Qatar Foundation.
Anonymous. (2020). Green Sukuk, Investment and Contribution to the Environment. Accessed on March 2, 2022 from https://indonesia.go.id/kategori/indonesia-dalam-angka/2188/sukuk-hijau-investasi-dan-kontribusi-bagi-lingkungan
Ascarya A, Suharto U, Husman JA. (2022). Proposed model of integrated Islamic Commercial and Social finance for Islamic Bank in Indonesia. Eurasian Economic Review. https://doi.org/10.1007/s40822-022-00201-z
Ascarya, Rahmawati, S., & Tanjung, H. (2018). Designing the Roadmap of Holistic Financial Inclusion for Baitul Maal wat Tamwil. Tazkia Islamic Finance and Business Review, 12(1). https://doi.org/10.30993/tifbr.v12i1.112
Ascarya, & Yumanita, D. (2011). Determinants and persistence of conventional and Islamic banking margins in Indonesia. In Working Paper Series No.WP/10/04.
Azis, I. J. (2003). Analytic network process with feedback influence: a new approach to impact study. In Paper for Seminar Organized by Department of Urban and Regional Planning, University of Illinois at Urbana-Champaign.
Baker, Randall. (1993). Environmental Management in the Tropics: A Historical Perspective. Florida: Lewis Publishers.
Budiman M. (2011). The Role of Waqf for Environmental Protection in Indonesia. Proceeding of 2nd Aceh Development International Conference (ADIC) 2011 ISBN 978-967-5742-02-6.
[BWI]. (2004). Law No.41 Year 2004 on Waqf. Accessed on February 9, 2022 from https://www.bwi.go.id/wp-content/uploads/2019/09/Undang-undang-No.-41-2004-Tentang-Wakaf.pdf
Cizakza M. (2000). History of the Philanthropic Foundation: The Islamic World from the Seventh Century to the Present. Bogazici University Press.
CDP. (2022). SDG15: Sustainably Manage Forests, Combat Desertification, Halt And Reverse Land Degradation, Halt Biodiversity Loss. Diakses pada 21 Februari 2022 pada https://www.cdp.net/en/policy-and-public-affairs/sustainable-development-goals?gclid=CjwKCAiA6seQBhAfEiwAvPqu167LHv9cjYICUsO2hZdY7rz6Kfazyc2-6WJ_LeGmevYGLxl7_NQRaxoCKRwQAvD_BwE#4ea46efcd60fbac2639676a2e47a4037?cid=7855922369&adgpid=85519955647&itemid=&targid=aud-841759796550:kwd-298007617435&mt=b&loc=1007702&ntwk=g&dev=c&dmod=&adp=
Chen, Y., Jin, Q., Fang, H., Lei, H., Hu, J., Wu, Y., Chen, J., Wang, C., & Wan, Y. (2019). Analytic network process: Academic insights and perspectives analysis. Journal of Cleaner Production
Dilshad, R. M., & Latif, M. I. (2013). Focus Group Interview as a Tool for Qualitative Research: An Analysis. Pakistan Journal of Social Sciences (PJSS), 33(1), 191-198. https://doi.org/10.11975/j.issn.1002-6819.2018.07.030
Hanif MA. Hamber NM, (2017). Waqf-Based Social Micro Business Fund: A Proposal for a Malay-Muslim Community in Singapore. JKAU: Islamic Evonomics. 30(1):37-60. DOI: 10.4197/Island. 30-1.3
Haneef MA, Pramanik AH, Mohammad MO, Amin MFB, Muhammad AD. (2015) . Integration of the waqf-Islamic microfinance model for poverty alleviation Case Bangladesh. International Journal of Finance and Islamic Management and the Middle East. 8(2):246-270. DOI: http://dx.doi.org/10.1108/IMEFM-03-2014-0029
Hasan A, Sulaiman S. (2016). Use of Real Estate Sharia Trust Investments (I-REITs) Instruments in the Development of Waqf Assets: Potential Structure, Issues and Challenges of Trusts (I-REITs) as Contemporary. Intellectual Discourse. ?:521-540. e- ISSN 2289-5639.
Hossain B. (2019). Islamic Microfinance and Rehabilitation Models for Slums and Floating Population with Waqf Funds, Case of Bangladesh: Proposals for Muslim Countries. JKAU: Islamic Evonomics. 32(2):139-160. DOI:10.4197/Pulau. 32-2.11.
Imam AHM, Mohammad MTSH. (2017). waqf as an entrepreneurial framework. Humanomics. 33(4):419-440. DOI: http://dx.doi.org/10.1108/H-01-2017-0015
Jannah M, Ali KM, Fatria BL, Sarkawi AA, Othman J. (2021). Enhancing Waqf Forest Sustainability Through Agroforestry: Case Study from Bogor Waqf Forest, Bogor, Indonesia. Journal of Islamic & Social Sciences. 7(1):57-71. doi: https://creativecommons.org/licens es/by-sa/4.0/
Kachkar UA. (2017). Towards the formation of a cash waqf microfinance fund for refugees. ISRA International Journal of Islamic Finance. 9(1):81-86. doi: http://dx.doi.org/10.1108/IJIF-07-2017-007
Kamal S, Ating R. (2020). Proposed waqf model affordable husing mechanism in malaysia. International Journal of Advanced Research in Economics and Finance 2(2):87-109. e-ISSN: 2682-812X
Khan F, Hassan MK. (2019). Financing the Sustainable Development Goals (SDGs): Socio-Economic Role of Awaqf (Endowments) in Bangladesh. Vol 11. 35-64. Doi: https://doi.org/10.1007/978-3-030-18449-0_3
Khan, T. (2015). Introduction, in HA El-Karanshawy et al. (eds.), Access to Finance and Human Development-Essays on Zakat, Waqaf and Micro Finance, Doha, Qatar: Bloomsbury Qatar Foundation
Kheybari, S., Rezaie, F. M., & Farazmand, H. (2020). Analytic network process: An overview of applications. Applied Mathematics and Computation.
Law on Environmental Protection and Management. Law Number 32 of 2009. LN Number 140 of 2009. TLN Number 5059.
Mohammad MTSH. (2015). Theoretical perspective and guardian about the establishment of Islamic social bank (waqf). Humanimik. 31(1):37-73. DOI: http://dx.doi.org/10.1108/H-05-2013-0032
Mohsin MIA. (2013). Financing through cash waqf: revitalization to finance various needs. International Journal of Finance and Islamic Management and the Middle East. 6(4):304-321. DOI 10.1108/ IMEFM-08-2013-0094
Obaidullah M. (2018). Managing Climate Change: The Role of Islamic Finance. Islamic Economic Studies. 26(1):31-62. DOI: 10.12816/0050310
Olaniyi ON, Thaker MABTT, Thaker HMT, Pitchay AA. (2014). Financing Problems Facing the Agricultural Sector in Nigeria and Prospects of the Waqf-Muzara'ah Supply Chain Model (WMSCM). Global Overview of Islamic Economics and Business. 2(1):1-14. ISSN 2338-7920
Oktaviani Y, Rangkuti K, Surya PP, Puspita A. (2018) Financial Solutions for Biodiversity in Contributing to the Economic Development of Indonesia. ICSoLCA 2018 Web Conference. 1-7. doi:https://doi.org/10.1051/e3sconf/20187401007
Pitchay AA, Jalilb MIA, Soekarnoc M, Thakerd MAMT. (2020). PROPOSING THE WAQF PERCENTAGE (WPM) MODEL IN HIGHER EDUCATION CONTEXT. LJMS. ?
Pitchay AA, Thaker MAMT, Mydin AA, Azhar Z, Latif ARA. (2018). The cooperative-waqf model: a proposal to develop waqf land unemployed in Malaysia. ISRA International Journal of Islamic Finance. 10(2):225-236. http://dx.doi.org/10.1108/IJIF-07-2017-0012
[PPID]. (2020). Indonesia's Forests and Deforestation in 2019. Accessed February 21, 2022 at http://ppid.menlhk.go.id/siaran_pers/browse/2435
[PPID]. (2018). Indonesia Issues the World's First Green Sukuk. Accessed February 21, 2022 at http://ppid.menlhk.go.id/berita/siaran-pers/4654/indonesia-terbitkan-green-sukuk-pertama-di-dunia
Rahma MMR, Sohel MNI. (2019). cash waqf deposit product: an innovative Islamic bank instrument for socio-economic Development in Bangladesh. Doi :https://doi.org/10.1007/978-3-030-18445-2_8?
Robani A, Shalih K. (2018). Positioning Islamic Gift Economy for Sustainable Development at the Local Level. Humanities & Social Science Reviews. 6(2):111-120. doi: https://doi.org/10.18510/hssr.2018.6214
Rusydiana, A. S. (2016). Analysis of Islamic Banking Development Problems in Indonesia: Application of Analytic Network Process Method. Essence: Journal of Business and Management, 6(2), 237-246. https://doi.org/10.15408/ess.v6i2.3573
Rusydiana, A. S., & Devi, A. (2013a). Analytic Network Process: Introduction to Theory and Applications. In SMART Publishing.
Rusydiana, A. S., & Devi, A. (2013b). Challenges in developing Baitul Maal wat Tamwiil (BMT) in Indonesia using Analytic Network Process (ANP). Business and Management Quarterly Review (BMQR), 4(1), 51-62.
Rusydiana, A. S., & Devi, A. (2017). Analysis of Money Waqf Fund Management in Indonesia: An Analytic Network Process (Anp) Method Approach. Al-Awqaf, 10(2), 115-133. https://doi.org/10.1017/CBO9781107415324.004
Saaty, T. L. (1996). Decision making with dependence and feedback: The analytic network process. In Pittsburgh: RWS Publications.
Saaty, T. L. (2005). Theory and applications of the analytic network process: decision making with benefits, opportunities, costs, and risks. RWS Publicatios.
Saaty, T. L., & Vargas, L. G. (2006). Decision making with the analytic network process. Springer Science+ Business Media, LLC, 282.
Setyorini SN, Wirdyaningsih, Hzana CA. (2019). Environmental Waqf in the Framework of Implementing Sustainable Development and Upholding Intergenerational Justice. Journal of Islamic Law Studies, Sharia Journal. 3(1):98-127. Accessed February 21, 2022 at http://js.law.ui.ac.id/index.php/about/article/view/30
Seymour F, Busch J. (2017). Forests and the SDGs: Taking a second look. World Resources Institute. Retrieved from https://www.wri.org/blog/2017/09/forests-and-sdgs-taking
Shamsudin AF, Hashim J, Yusof WSW, Yusof A, Mohamad S, Yusof AM, Zainudin NH, Hashim H, Abidin IZ. (2015). Conceptual Model of Interstate Company Waqf Financing for Higher Education. GJAT. 5(1):? . E-ISSN: 2232-0482
Sipahi, S., & Timor, M. (2010). The analytic hierarchy process and analytic network process: an overview of applications. Decision Management.
Suhali NA, Palila MR, Husin R. (2018). CSR Waqf: Empirical Study of Polycentric Collaborative Waqf Governance. Management Journal. 133-146. Doi: https:// doi.org/ 10.17576/ management-2018-53-12
Sulistyowati. (2018). Design Of Integrated Zakat-Waqf Model For Disaster Management. Journal of Islamic Monetary Economics and Finance. 4(2):347-368. ISSN: 2460-6146.
Sulistiani SL, Yunus M, Bayuni EM. (2019). The Role and Legality of Micro Waqf Banks in alleviating poverty based on pesantren in Indonesia. Islamic bimas journal. 12(1):?. ISSN:2657-1188
Sulaiman S, Hasan A, Noor AM, Ismail MI, Noordin NH.(2019).The proposed model for waqf unit trust and parameters for the application. ISRA International Journal of Islamic Finance. 11(1):62-81. DOI:http://dx.doi.org/10.1108/IJIF-02-2018-0019
Tanjung H. (2018). WAQF INTEGRATION AND VENTURE CAPITAL: a proposed model for Indonesia. Journal of Islamic Monetary Economics and Finance. Vol 3: 12-140. e-ISSN; 2460-6618.
Thaker MAMT, Thaker HMT, Pitchay AA. (2017). Modeling behavioral intentions of crowdfunders to adopt crowdfunding-waqf (cwm) model in Malaysia: technology acceptance model theory. International Journal of Finance and Islamic and Eastern Management middle. ? Doi: http://dx.doi.org/10.1108/IMEFM-06-2017-0157
Thaker MAMT, Thaker HMT. (2019). Towards the Development of the Islamic Equality Crowdfunding waqf model (IECWM) to exploit the potential of waqf land in Malaysia. ? ? doi?
Tutukoa B, Hudaifah A, Zulfikar A. (2017). Company Productive Cash Waqf Arrangement Model in Indonesia (Case Study of PT. Semen Indonesia). Islamic Finance Journal. ?:163-173. e-ISSN 2289-2117.
UNEP. (2020) . Issue Brief SDGs 15. Accessed February 22, 2022 at https://wedocs.unep.org/bitstream/handle/20.500.11822/25765/SDG15_Brief.pdf?sequence=1&isAllowed=y
UN. (2020). Life on Land: Why it Matters. Accessed March 2, 2022 at https://www.un.org/sustainabledevelopment/wp-content/uploads/2019/07/15_Why-It-Matters-2020.pdf
Ubaidillah M, Islamial MA, Noor MAM. (2020) Integrated Waqf Financial tool pension model in social security Malaysia: A concept proposition. Muamalat Research journal and Islamic finance. 17(1):33-55. ISSN:1823-075X
[UNDP]. (2022). The SDGs in Action. Accessed February 23, 2022 at https://www.undp.org/sustainable-development-goals
UNSDSN. (2012). A Framework for Sustainable Development. Accessed on February 23, 2022 at http://unsdsn.org/wp-content/uploads/2014/02/121220-Draft-Framework-of
Widiastuti, T., Mawardi, I., Robani, A., & Rusydiana, A. S. (2018). Optimization of Zakat fund management in regional Zakat institution. Humanities & Social Sciences Reviews, 6(2), 133-139.
Yakob et al. (2017). Waqf as a Means of Forest Conservation Alternative for Malaysia. Advanced Science Letters. 23(5): 4860-4864. DOI: https://doi.org/10.1166/asl.2017.8928
Zabri MZM, Muhammad MU. (2018).Researching behavioral intentions to participate in WaqfCash-Finance Cooperative-Musyarakah home financing mutanaqisah model. managerial finance. ?? DOI 10.1108/MF-05-2017-0189
Zakaria AAM, Samad RRA. (2013). Venture Phylanthropic Ownership Model: Concept Study. Journal of Management. ? :119-125