Cash Waqf in Sustaining Of Indonesian Society “In Legal & Economic Perspective”

Authors

  • Sukarmi Sukarmi Sultan Agung Islamic University of Semarang, Indonesia
  • Argo Victoria Sultan Agung Islamic University of Semarang, Indonesia

DOI:

https://doi.org/10.31436/al-itqan.v2i1.43

Abstract

Abstract

This article aims to make an overview on the rule and significance of cash waqf (waqf al-nuqūd) in Indonesia as a new social tool to alleviate poverty. The author highlights that Cash waqf is introduced as a new concept of waqf to solve many social problems in Muslim society of Indonesia. The qualitative methodology is employed to analyze the issues and development of cash waqf in Indonesia. Findings indicate that the cash waqf has been legalized by both Islamic scholar and national law of Indonesia so that Muslims have a chance to maximize the utilization of their waqf through a well-organized endowment and waqf organization.

Keywords: Waqf, Endowment, Law, Economic, Indonesia

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References

References
Achmad Djunaidi, Towards Productive Wakaf Era, (Depok: Mumtaz Publishing, 2.
Agustianto, Endowments of Welfare and Improvement of People's Welfare (Artikel Zona Ekonomi Islam),
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Student Literature, 2008).
Indonesian Ulama Council, Fatwa on Endowment of Money of 2002, (Jakarta: MUI, 2002).
Muhammad Syafii Antonio, Islamic Banking as Waqaf Fund Manager (Workshop International Paper, Empowerment of People's Economy through Productive Waqf, at Wisma Haji Batam, 7-8 January 2002).
Muhammad Yusuf, Empowering Productive Waqf for Economic Empowerment of People, (Semarang: Waqf Nusantara Agency, 2009).
Muslim b. Hajjaj, Ṣaḥīḥ Muslim (Bandung: Dahlan, 2001).
Mustafa Edwin Nasution and Uswatun Hasanah (Editor), Waqf of Islamic Financial Innovation, Opportunities and Challenges in Achieving the Welfare of the People (Jakarta: PKTTI-UI, 2005).
Uswatun Hasanah, Productive Waqf for Social Welfare in the Perspective of Islamic Law in Indonesia, The Speech Presented During The Inauguration Of The Professorship On April 22, 2009.
Waqf In Indonesia, Financial Statements of 2001-2009.

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Published

2018-06-29

How to Cite

Sukarmi, S., & Victoria, A. (2018). Cash Waqf in Sustaining Of Indonesian Society “In Legal & Economic Perspective”. AL-ITQAN: JOURNAL OF ISLAMIC SCIENCES AND COMPARATIVE STUDIES, 2(1), 83–97. https://doi.org/10.31436/al-itqan.v2i1.43

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Articles