The Role of Waqf in Social Development

Abstract

The purpose of this article is to explore waqf in practice by understanding the concepthistory-issues of waqf. This study uses secondary data from books, journal, proceedings, and government rules. It was found that waqf could be the effective instrument to support social development. It has a social function for poverty alleviation, encourages entrepreneurship, and improves education. For waqf institution, administration and comprehensive rule are significant for their sustainability.


 


 


Keywords: waqf, social development, sustainability

References
[1] Al-hadi, A. A. (2009). Upaya pemberdayaan tanah wakaf produktif bagi kesejahteraan ummat. Islamica, vol. 4, no. 1, pp. 95–107.


[2] Ambrose, A. H. A. A., Hassan, M. A. G., and Hanafi, H. (2018). A proposed model for waqf financing public goods and mixed public goods in Malaysia. International Journal of Islamic and Middle Eastern Finance and Management, vol. 11, no. 3, pp. 395–415. Retrieved from: https://doi.org/10.1108/IMEFM-01-2017-0001


[3] Arif, M. N. R. Al. (2012). Efek multiplier wakaf uang dan pengaruhnya. Ilmu Syariah Dan Hukum, vol. 46, no. I, pp. 297–314.


[4] Donna, D. R. (2007). Penerapan Wakaf Tunai pada Lembaga Keuangan Publik Islami. Journal of Islamic Business and Economics, vol. 1, no. 1, pp. 85–99.


[5] Kahf, M. (2014). Islamic Economics: The Charitable Sector. Reading Gandhi. Ad Dawhah, Qatar. Retrieved from: http://books.google.co.uk/books/about/ Reading_Gandhi.html?id=4aRJmXagK64C


[6] Mohsin, M. I. A. (2013). Financing through cash-waqf: A revitalization to finance different needs. International Journal of Islamic and Middle Eastern Finance and Management, vol. 6, no. 4, pp. 304–321. Retrieved from: https://doi.org/10.1108/ IMEFM 08-2013-0094