The View of the Experts on the Currency Depreciation of Cash Waqf Value

Amalia, Rahmi

doi:10.22219/jes.v5i2.13762

Cited by 3 publications

(3 citation statements)

References 25 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…It serves as an instrument for raising public funds dedicated to public welfare (Razak, 2020). In addition, cash waqf involves productively managed monetary assets (Amaliah, 2020;Qurrata et al, 2021). Its key strengths lie in its voluntary nature, potential for long-term sustainability (Kamaluddin, 2021), and extensive reach (Saiti et al, 2021).…”

Section: Cash Waqfmentioning

confidence: 99%

Micro Waqf Bank Innovation Models in Aceh

Harianto,

Ramadhan,

Soemitra

2024

SJEKI

View full text Add to dashboard Cite

This study investigates the challenges and opportunities associated with utilizing cash waqf to support economic development in Aceh, Indonesia, employing the innovative Micro Waqf Bank model. Data was collected through in-depth interviews with seven Waqf management experts in Aceh, selected using purposive sampling. Leveraging the Analytical Network Process (ANP), the study identifies key problems in the development of cash waqf practices, including economic challenges such as capital sourcing, financing repayment delays, and monitoring-mentoring costs. From a social perspective, the study emphasizes the importance of synergy among institutions, public awareness, and effective socialization. Institutional issues include human resource professionalism, regulatory suitability, Micro Waqf Bank limitations, and the need for digitalization. Legal and governance aspects focus on regulations supporting capital financing for small enterprises and efficient managerial management. The study proposes an inclusive, adaptive, participatory, and integrated Micro Waqf Bank Innovation Model to optimize cash waqf utilization and support real sector economic growth. Suggestions for improvement involve technological infrastructure, human resource training, regulatory adjustments, capital management, monitoring systems, strategic partnerships, socialization, coordination, product diversification, and community participation, providing a comprehensive model for the development of Micro Waqf Banks in Aceh.==============================================================================================================ABSTRAK – Model Inovasi Bank Wakaf Mikro di Aceh. Penelitian ini mengkaji tantangan dan peluang pengembangan praktik wakaf tunai untuk mendukung pembangunan ekonomi di Aceh melalui model inovasi Bank Wakaf Mikro di Aceh. Data penelitian dikumpulkan melalui wawancara mendalam dengan tujuh pakar bidang manajemen wakaf di Aceh, yang dipilih dengan metode sampling purposif. Hasil analisis aplikasi Analytical Network Process (ANP), penelitian ini mengidentifikasi sejumlah persoalan kunci dalam pengembangan wakaf tunai, seperti tantangan ekonomi terkait sumber modal, keterlambatan pembayaran pembiayaan, dan biaya pemantauan/ mentoring. Secara sosial, kajian ini menggarisbawahi pentingnya sinergi antar lembaga, kesadaran masyarakat, dan sosialisasi. Aspek institusional melibatkan isu-isu seperti profesionalisme sumber daya manusia, regulasi yang sesuai, keterbatasan Bank Wakaf Mikro, dan digitalisasi. Aspek hukum dan tata kelola berfokus pada regulasi yang mendukung, pembiayaan modal untuk usaha mikro dan ultra-mikro, dan manajemen manajerial. Solusi telah diidentifikasi untuk setiap aspek, mencapai proposal model Inovasi Micro Waqf Bank yang inklusif, adaptif, partisipatif, dan terintegrasi untuk mengoptimalkan pemanfaatan waqf tunai dan mendukung pertumbuhan ekonomi sektor riil. Saran untuk perbaikan melibatkan infrastruktur teknologi, pelatihan sumber daya manusia, penyesuaian regulasi, manajemen modal, sistem pemantauan, kemitraan strategis, sosialisasi, koordinasi, diversifikasi produk, dan partisipasi masyarakat, sehingga memberikan model komprehensif untuk pengembangan Bank Wakaf mikro di Aceh.

show abstract

Section: Cash Waqfmentioning

confidence: 99%

Micro Waqf Bank Innovation Models in Aceh

Harianto,

Ramadhan,

Soemitra

2024

SJEKI

View full text Add to dashboard Cite

show abstract

“…On top of that, several closely related studies demonstrate that these marketing and promotional tools have been used positively and substantially in promoting all forms of waqf (Adeyemi et al. , 2016; Ahmad, 2019; Amalia, 2019; Fauzi et al. , 2019; Hudzaifah, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Assessing the awareness and perception of waqf among business owners in Gombe State, Nigeria

Abdu,

Lamido,

Jibir

2023

IES

View full text Add to dashboard Cite

PurposeThe literature about the dynamics of Muslims' awareness and perception of waqf has been generally scarce,especially in Nigeria. As renewed efforts are emerging to develop a new waqf regime in the country, this study examines this aspect in Gombe metropolis, Nigeria, with a view to identifying the key factors shaping people's perception and awareness towards waqf.Design/methodology/approachTo achieve the objective of this study, primary data were collected through a survey among 494 business owners in the Gombe metropolis. The data were then analysed using probit and Tobit regression models.FindingsThe study found that altruistic behaviour, religiosity level, educational level and young age are among the factors that determine people's perception and awareness towards donating to waqf among business owners in Gombe. Altruism and young age embolden businesspersons to recognise the effectiveness of waqf institutions in solving socioeconomic challenges.Practical implicationsThe findings of this study imply that waqf has huge potential in the study area and that with well-structured, organized waqf education programmes within the business community using diverse avenues, a robust waqf sector can be developed.Originality/valueAs far as the study area and the entire Nigerian Islamic economics and finance landscape is concerned, the study has explored a novel research area. Given the infant stage of empirical studies on waqf in Nigeria, there are virtually no previous attempts to examine the awareness and perception of businesspersons towards waqf; variables that are key to the development of an effective sector.

show abstract

“…Dalam mengukur tangkat kinerja dari perbankan syariah harus disesuaikan dengan tujuan dari ekonomi Islam yakni falah (Akbar & Siti Nabiha, 2022;Ascarya et al, 2016). Untuk dapat memenuhi aspek tersebut maka perlu dikaji kembali alat ukur yang tepat sehingga dapat memenuhi tujuan syariah (maqashid shariah) (Amalia, 2020). Hal ini berguna untuk mengetahui kinerja perbankan syariah telah sesuai dengan nilai dan prinsip-psinsip keislaman (syariat) performa keuangannya (Mohammed & Razak, 2008).…”

Section: Pendahuluanunclassified

Performance Of Islamic Rural Banks Pre and During Pandemic By Maqashid Sharia Index

2022

View full text Add to dashboard Cite

Kajian ini berusaha mengungkap kinerja dari Bank Perkreditan Rakyat Syariah (BPRS) di Sumatera Utara pada masa pra dan pasca pandemi Covid-19. Penelitian ini menggunakan metode penelitian deskriptif kuantitatif dengan sumber data sekunder yaitu laporan keuangan tahunan BPRS Sumatera Utara yang dipublikasikan di situs Otoritas Jasa Keuangan (OJK) tahun 2019-2021. Data dipilih secara purposive sampling dan diperoleh 7 BPRS sesuai dengan kriteria penelitian. Penelitian ini menggunakan Indeks Maqashid Syariah sebagai metode pengukuran kinerja, berdasarkan definisi model maqashid syariah Abu Zahrah. Temuan dalam penelitian ini adalah, selama tahun 2019-2021, rata-rata tingkat kinerja BPRS Gebu Prima Kota Medan tertinggi sebesar 37,5%, dan BPRS al-Washliyah terendah sebesar 22,55%. Hasil penelitian menunjukkan beberapa elemen yang terkena dampak negatif dari pandemi covid-19, seperti tingkat profitabilitas yang sangat rendah. Penelitian ini memberikan kontribusi dalam memberikan informasi kepada stakeholders BPRS di Sumatera Utara untuk terus meningkatkan kinerja dalam dimensi Maqashid Syariah.

show abstract

The View of the Experts on the Currency Depreciation of Cash Waqf Value

Cited by 3 publications

References 25 publications

Micro Waqf Bank Innovation Models in Aceh

Micro Waqf Bank Innovation Models in Aceh

Assessing the awareness and perception of waqf among business owners in Gombe State, Nigeria

Performance Of Islamic Rural Banks Pre and During Pandemic By Maqashid Sharia Index

Contact Info

Product

Resources

About