Strategy of Optimalization Cash Waqf in Indonesia

Nadya, Prameswara Samofa; Alwyni, Farouk Abdullah; Hadiyati, Puji; Iqbāl, Muḥammad

doi:10.30997/jsei.v4i2.1486

Cited by 3 publications

(4 citation statements)

References 6 publications

(3 reference statements)

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“…Menurut hasil penelitian Nadya et al (2018), ada tiga poin penting dalam kendala optimalisasi wakaf uang di Indonesia yaitu sosialisasi, regulasi dan profesionalisme nazir. Dalam upaya sosialisasi wakaf uang juga terdapat beberapa kendala, seperti kurangnya pemahaman publik mengenai wakaf uang, persepsi masyarakat tentang wakaf uang, dan ketidakpercayaan publik terhadap mekanismenya.…”

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Analisis Ketertarikan Wakaf Generasi Muda dengan Teknologi Acceptance Model

Ningtias

Nadya

2022

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Based on CAF World Giving Index 2021, Indonesia is the most generous country in the world, with the highest donor index. Supported by a high number of Moslems, there is a high potential for growth of Islamic philanthropy. Waqf as a form of Islamic philanthropy is currently still underdeveloped. One of the contributing factors is the lack of socialization. The purpose of this study was to analyze the interests of generations Y and Z both as a donator of berkahwakaf.id site with a technology acceptance model (TAM) approach. This research design uses associative research with a quantitative approach using data of 100 respondents as sample, analyzed with PLS method. The results showed that perceived benefits had a significant positive effect on interest, while user convenience had a significant negative effect on interest. Attitude has a significant positive effect on interest, usefulness has a positive effect on attitudes, while user convenience has a significant negative effect.

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Analisis Ketertarikan Wakaf Generasi Muda dengan Teknologi Acceptance Model

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Nadya

2022

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“…The low realization of sales result of SWR001 led to the threat of many social programs that had been planned by nadzir not being implemented properly. It is necessary to carry out a comprehensive evaluation of the stakeholders so that the existing potential can be utilized optimally (Nadya et al, 2018). Several strategies that can be taken to market the next series of retail waqf sukuk include offering to existing wakif that have been registered at Islamic Financial Institutions Receiving Cash Waqf (LKS-PWU), offering priority customers, holding more massive socialization, and cross selling to customers individuals and institutions (Tanjung, 2020).…”

Section: Future Direction Of Cash Waqf Linked Sukukmentioning

confidence: 99%

Cash Waqf Linked Sukuk: Issues, Challenges and Future Direction in Indonesia

Yasin

2021

JEBIS

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Cash Waqf Linked Sukuk (CWLS) is the first innovation sukuk-based modern waqf fundraising development issued by the Indonesian government in 2020. People who prefer to channel their social funds in zakat, infaq, and shodaqah make CWLS less desirable. This paper evaluates the issues, challenges and future direction from the issuance of the CWLS series SWR001 by the Indonesian government. This study used systematic literature review analysis and used Publish or Perish software with Google Scholar as the database. A total of 48 articles published from 2016 to 2021 were selected. Object of this research is the SWR001 series. Systematic data analysis is used to define relevant themes within the topic.The dominance of individual waqf (99.6%) shows that even though SWR001 was offered during the Covid-19 pandemic, it is still in demand by investors (wakif). Even so, less than optimal sales results make nadzir having to re-evaluate the implementation of social programs that had been planned before. Issues and challenges in the development of CWLS products include relatively new products, limited distribution partners and nadzir, low coupons, lack of public understanding, contracts, and incomplete literacy causing the potential wakif not to be maximized. In the future, to increase the CWLS collection, stakeholders is need to ensure the information and mobilization through word-of mouth with the objective to create a positive word of CWLS. Improving communication strategies, ease of service and professionalism nadzir to be very important to do.

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“…As hundreds of studies they confirmed that Waqf is an efficient method to alleviate poverty. On the other hand, the contemporary scholars are focusing on maximizing the benefits of cash waqf, for example Nadya, Alwyni, Hadiyati, & Iqbal (2019); while others concentrate on the Waqf manager accountability (Siswantoro et al, 2018).…”

Section: Previous Studiesmentioning

confidence: 99%

“…After the announcement of both Malaysian and Indonesian government, many Waqf institutions have been established (Nahar and Yaacob, 2011). Nadya et al (2019) indicated that cash Waqf in Indonesia facing three main difficulties to reach its optimal level, regulations, Nazhir, and socialization. Another study addressed the Indonesian context by Nahar and Yaacob (2011) established that the Indonesian Awqaf institutions have a unique characteristic.…”

Section: Management Of the Cash Waqfmentioning

confidence: 99%

Contemporary Issues on Cash Waqf: A Thematic Literature Review

Aldeen

Ratih²,

Herianingrum³

2020

ijief

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This paper presents the most recent works on cash Waqf, focusing on identifying contemporary scholars' work in this area, providing a novel framework to indicate the existing gap, subsequently, it opens the door wider for new research commitment. This research adopts the paradigm of qualitative approach research, based on disk-based research. Google Scholar was employed, searching through the passage. Only contemporary English documents within the period of 2002-2019 were the subject of this study. Lately, cash Waqf has been proven as a proper method for poverty alleviation. Previous studies attempted to address several models in order to enhance socio-economics issues. This research is a distinct attempt, as to the best of our knowledge, there is no previous research addressed the subject matter. Moreover, this study is expected to assist the interested scholars by offering comprehensive conclusion about have been done in the field. Hence, opens new doors for scholars to develop new innovative cash Waqf models to bridge the socio-economic issues. Our findings depict that Malaysian and Indonesian scholars show a robust research commitment on cash Waqf during 2002-2019. Furthermore, this study highlights the existing gap that must be researched to enrich the potentials of cash Waqf, future research should address other countries practices in term of cash Waqf, moreover, validating a proposed model through interviews to ensure that a proposed model is applicable. In terms of cash Waqf awareness, research might consider peer influence", "self-efficacy in contributing to cash Waqf.

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Strategy of Optimalization Cash Waqf in Indonesia

Cited by 3 publications

References 6 publications

Analisis Ketertarikan Wakaf Generasi Muda dengan Teknologi Acceptance Model

Analisis Ketertarikan Wakaf Generasi Muda dengan Teknologi Acceptance Model

Cash Waqf Linked Sukuk: Issues, Challenges and Future Direction in Indonesia

Contemporary Issues on Cash Waqf: A Thematic Literature Review

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