Modelling Sukuk Waqf for Pesantren Economic Development

Himam, Nadiah Sabrina; Umam, Khoirul

doi:10.21111/jiep.v1i3.2556

Cited by 10 publications

(10 citation statements)

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“…Khairuddin and colleagues proposed that waqf land that is currently owned by State Islamic Religious Councils (SIRC) should be developed for asnaf housing using funds from zakat. In addition, the development of a collaboration between zakat and waqf is currently being explored in the education sector (R. Ahmad et al, 2018;Azman Ab Rahman et al, 2019;Rizal et al, 2020;Patel and Hassan, 2023). This collaboration encompasses the establishment of classrooms, hostels, and pondok institution premises.…”

Section: Zakat and Waqf Collaborationmentioning

confidence: 99%

Exploring the Role of Fiqh Waqie in Waqf and Zakat Collaboration Framework for Hostel Development

Ali

Arshad

Fauzi

et al. 2023

E-BPJ

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The goal of this research paper is to look into how the Fiqh Waqie method can be used to determine the collaboration framework of waqf (endowment) and zakat (a charity obligatory in Islam) in the construction of student hostel buildings, particularly at the university level. This one-off case study employs a qualitative methodology. Face-to-face interviews were carried out with three departments, namely the Mufti Department, the Zakat Department, and the Waqf Department, with the purpose of determining the extent to which the idea of the development of zakat and waqf working together could be highlighted. Keywords: Fiqh Waqie; Zakat; Waqf; Collaboration framework eISSN: 2398-4287 © 2023. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians/Africans/Arabians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia. DOI: https://doi.org/10.21834/ebpj.v8i23.4494

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Section: Zakat and Waqf Collaborationmentioning

confidence: 99%

Exploring the Role of Fiqh Waqie in Waqf and Zakat Collaboration Framework for Hostel Development

Ali

Arshad

Fauzi

et al. 2023

E-BPJ

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“…As for waqf property in the form of other facilities and infrastructure such as mosque buildings, dormitories, madrasas, campuses, and so on, spread across all PMDG branch lodges, namely Gontor for men with 14 branches and Gontor for women with 7 branches. In addition to intensifying the management of waqf land, the foundation also explores funds from outside the results of waqf land, both those obtained from Zakat Infaq and Sadaqah (ZIS) as well as other indirect funds such as investment (Rizal et al, 2020). To expedite this strategy, the foundation utilizes a network of alumni at home and abroad, especially those who work as entrepreneurs.…”

Section: Management Of Productive Waqf Modern Boarding School Darussa...mentioning

confidence: 99%

Optimization of Management of Islamic Philanthropy Based on Productive Ownership Efforts for Empowering the Economic Independence

Hasbi

Widayanti

2022

Islamiconomic: j. ekonomi n.a.

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Islamic philanthropy is a practice of generosity in the Islamic tradition through zakat, infaq, alms, and waqf (ZISWAF). In Islamic history, the practice of waqf has had a socio-economic impact on society. Waqf is one of the Islamic financial instruments that have the potential as an instrument for developing the national economy. Modern Islamic Boarding School Darussalam Gontor waqf institute has the highest structure in determining policy and economic development, namely the waqf institution. Among the boarding school that can be considered successful in managing productive waqf is Boarding School Darussalam Gontor. The purpose of this study is to analyze productive waqf managed by PMDG. The research method uses a qualitative descriptive approach. Data collection techniques include observation, documentation, and deep interviews. Data analysis uses Miles and Huberman's model theory. The findings of this study state that the collected waqf funds are managed properly and professionally so that the distribution of productive waqf can be carried out in a dialogical manner for the development of several business fields in PMDG. The implementation of productive waqf has long-term implications for PMDG, especially in the field of education and teaching. The growing facilities can have a big impact on improving the quality of education which is getting better. Productive waqf funds also contribute to the economy of the surrounding community. It is hoped that the productive waqf management model carried out by PMDG can be a reference for practitioners in managing productive waqf.

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“…This document discusses the contributed money. The main concept of all finances is either donated funds or fixed assets, such as money, planes, vehicles, cattle, and other movable assets or movable assets (Himam & Umam, 2018). Sukuk Linked Waqf is a new tool for the preservation and development of waqf assets and waqf funds.…”

Section: Sukuk Linked Waqfmentioning

confidence: 99%

Sukuk Linked Waqf Perspective Abu Zahra’s Maqashid Sharia Model as Financial Investment Product

Syaichoni¹,

Suminto²

2021

iqtishaduna

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Indonesia is a country where the majority of the population is Muslim. One of the potentials that Indonesia has with its Muslim community is the waqf order. This great potential of waqf certainly provides a positive side for the state in the context of the welfare of its people. To improve people’s welfare through the potential of waqf, the government through Otoritas Jasa Keuangan (OJK) makes a sharia investment instrument that is linked to waqf, namely the Sukuk Linked Waqf product. This product is a combination of Sukuk and waqf. The emergence of this product is expected to be able to achieve the great potential of waqf and expand the market share of Islamic finance indirectly, the Sukuk Linked Waqf product is a product that is expected to increase sharia financial inclusion. The method used is a literature review of maqashid sharia and Sukuk. This study used critic analysis and content analysis to investigate the theory of maqashid sharia and Sukuk. The results showed that Sukuk Linked Waqf based on Abu Zahra’s maqashid sharia model is a financial investment product that aims to bring benefits. The benefits, in this case, are in the form of welfare for humans in terms of economic improvement. Whit the emergence of this product, the road to the welfare of the people becomes more real.

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Modelling Sukuk Waqf for Pesantren Economic Development

Cited by 10 publications

References 0 publications

Exploring the Role of Fiqh Waqie in Waqf and Zakat Collaboration Framework for Hostel Development

Exploring the Role of Fiqh Waqie in Waqf and Zakat Collaboration Framework for Hostel Development

Optimization of Management of Islamic Philanthropy Based on Productive Ownership Efforts for Empowering the Economic Independence

Sukuk Linked Waqf Perspective Abu Zahra’s Maqashid Sharia Model as Financial Investment Product

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