International Journal of Waqf

Waqf Fundraising Strategies: A Comparison between Indonesia and Malaysia

Yahya Abdullah, Aam Slamet Rusydiana — Mon, 26 Feb 2024 00:00:00 +0000

The article aims to understand and analyze the various strategies that have been implemented in raising waqf funds in Indonesia and Malaysia. The data sources used come from Scopus indexed journals, ensuring the accuracy and credibility of the information. The results of the research show that there are ten main strategies that have been implemented in the context of waqf in Indonesia and Malaysia, namely digitalization and information technology strategies, government policy strategies, local cultural system strategies, management strategies, marketing and waqf objects, new strategies offered, strategies to strengthen legal legality, strategies for understanding the behavior of waqf donors, waqf education and socialization strategies, waqf institutional strategies and word of mouth strategies. Thus, this article provides a comprehensive view of waqf fund collection strategies in Indonesia and Malaysia, which can be a basis for further development in the context of Islamic finance and waqf fund management.

The Problems of Productive Waqf Management in Indonesia using ISM Delphi

Nur Nazima Ulfa — Tue, 23 Jan 2024 00:00:00 +0000

Waqf has a contribution to the country's economic development, if the waqf land is managed productively it will become a very large asset for the people and can be used for public welfare. However, at present the potential for waqf has not been used optimally in Indonesia. There are many factors that cause suboptimal management of waqf, therefore the author tries to analyze the management of productive waqf in Indonesia seen from 2 elements: problem elements, and institutional/stakeholder elements. The method used is the Interpretive Structural Modeling (ISM) method and the Delphi method. The results of this study of elements of problems which are the highest ranks are the less of educational or public understanding of waqf, less of public trust in Nazhir institutions and weak political will of authority holders. Then the highest rank of the related institutional elements are BWI, Ministry of Religious Affair, and DSN-MUI.

Islamic Waqf, Maqashid Shariah, and SDG-11

Aam Slamet Rusydiana, Nisful Laila, Hakan Aslan — Fri, 05 Jan 2024 00:00:00 +0000

This study aims to determine the opinions and recommendations of experts regarding the waqf model integrated with sustainable development (SDGs) in goal 11, namely sustainable cities and communities. This research will explain the priority of the waqf model in achieving SDG 11 goals by considering Maqashid Shariah indicators. The data were analyzed using the Delphi method to find the main priorities and agreement of the experts. The results show that all variables have been agreed upon by experts. Furthermore, on the SDGs aspect, the environment element is the top priority with an average score of 8.07. In the maqashid shariah aspect, the element of preserving bi'ah (environment) is the top priority with an average score of 7.53. As for the waqf model aspect, the Waqf & Sukuk model is the top priority with an average score of 7.73. This research can be utilized as a reference in the implementation of waqf models that can support the realization of the eleventh goal of the SDGs by considering Maqashid Shariah with priorities according to the findings. This research is the first to comprehensively calculate the experts' assessment of waqf models for the achievement of SDG 11 using the Delphi method and its priority recommendations.

Waqf-based Waste Management: A Proposed Model in Indonesia

Ririn Riani, Ahlis Fatoni — Thu, 08 Feb 2024 00:00:00 +0000

Indonesia is now facing critical environmental problems, in addition to cases of growing waste, deforestation of scale such as air pollution, and lack of air supply and air services, raining down on Indonesia for some serious irregularities and deficiencies in environmental management. These serious issues must be addressed, and appropriate solutions must be implemented to reduce disaster risks and promote the growth of a better and more sustainable country. Since Islam is the main religion for the Indonesian people, an Islamic approach will be encouraged to solve this problem. Previous researchers requested that waqf is the most important Islamic legal entity that can be used for this purpose. Sustainable and integrated waste management or ISWM/Integrated Sustainable Waste Management focuses on waste management as a multi-actor. Waqf can contribute to long-term management that is used to manage and manage waste. Waqf institutions and others have pioneered some of these innovative schemes, but they have been massively implemented. So, this research will examine the concept of Waqf-Based Waste Management.

Waqf Development in Indonesia: R Application

Amelia Tri Puspita, Hendri Tanjung — Tue, 09 Jan 2024 00:00:00 +0000

The paradigm shift in waqf development also occurred in Indonesia. This change was initiated by waqf reform from the legal-constitutional and institutional aspects, with the aim of improving the performance of waqf in the country. Legally-constitutionally, waqf reform is covered by Law (UU) No. 41/2004 on Waqf and Government Regulation (PP) No. 42/2006 as an implementation guideline for Law No. 41/2004. This study aims to determine the development of waqf development in Indonesia research trends published by leading journals on Islamic economics and finance. The data analyzed consisted of 58 indexed research publications. The data is then processed and analyzed using the R application to determine the bibliometric map of waqf development research development in Indonesia. Some analyzes such as word clouds, trend topics, thematic map and also thematic evolution on waqf development in Indonesia are also displayed.