Analysing The Effectiveness of Stock Waqf Management in Indonesia and Malaysia: Regulation Practices and Nadzir Readiness
Suyoto Arief,
Nurul Adilah Binti Hasbullah,
Vina Fithriana Wibisono
et al.
Abstract:Stock Waqf, an innovative concept in the realm of endowments, offers significant advantages and is considered permissible. In Indonesia, Stock Waqf is a collaborative effort involving the appointed nadzir (waqf asset manager), the Indonesian Waqf Board (BWI), and the Indonesia Stock Exchange (IDX). Officially established in 2019, this initiative has attracted a growing number of investors in Islamic securities, with an expected 93,870 participants in the Islamic capital market in 2021. In 2019, Malaysia also r… Show more
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