Waqf fundraising strategy for islamic boarding’s independence

Abstract

<jats:p>The purpose of this paper is to find out the fundraising of waqf fund strategy conducted by Tazakka, Modern Boarding School, also to know how effective the implementation of these strategies in realizing the independence of this boarding school. This research uses quantitative research with descriptive approach that relies on primary data sourced from interviews. This paper interpreted the management of waqf funds in Tazakka Boarding School which consist the procedures of waqf association and effectiveness of waqf fund management to realize the independence of boarding school. Moreover, these findings reveal that the effective mechanisms involved in raising waqf funds, in turn, lead to the enhancement of the roles and functions of waqf institutions to build modern educational institutions today.</jats:p>

Waqf Fundraising Strategies: A Comparison between Indonesia and Malaysia

“…The waqf socialization strategy can also be implemented using social media, online media and also in several religious activities such as lectures and Friday sermons and teaching activities in the fiqh subject class. (Ardi, Yurista, and Ramadhan 2020). The socialization of waqf is very important to be carried out, because in general there are many people who do not understand the concept of waqf so that they are trapped in the traditional understanding of waqf.…”

“…In line with that, the Indonesian waqf agency and the Tazakka pondok waqf organization also collect cash waqf funds by creating campaigns through social media such as Instagram and Facebook, strategies using social media are very effective and have the potential to increase the collection of waqf funds more, through social media accounts also posted several things related to the development of waqf collection, management and utilization in detail and periodically so as to ward off negative public perceptions regarding the transparency of waqf funds. (Bustami, Laksamana, and Rofiqoh 2020;Ardi, Yurista, and Ramadhan 2020). and some waqf fund collection strategies are also carried out by conducting advertisements through online media (Ab Shatar, Hanaysha, and Tahir 2021).…”

“…In addition to functioning as a zakat and waqf teller counter, this counter also serves as a place of consultation between waqf and LAZISWAF Tazakka management. (Ardi, Yurista, and Ramadhan 2020) as a waqf marketing strategy.…”

“…Some of these strategies are implemented to obtain waqf funds from waqifs so as to increase the potential of waqf in the school. (Ardi, Yurista, and Ramadhan 2020).…”

Self-Reliance Economic System Based on Waqf at Islamic Boarding School Darussalam Gontor Indonesia

“…Aswirna & Fahmi (2018) stated that there is relationship between self-waqf management and self-reliance and an independence of institution in managing their systems, activities and programs. According to Ardi, Yurista & Ramadhan (2020), the effective mechanisms involved in raising waqf funds, lead to the enhancement of the roles and functions of waqf institutions to build modern educational institutions today.…”