Waqf management and accountability: Waqf land financing models for economic wellbeing

Asian Economic and Financial Review

article

Unggul Priyadi¹  Siti Achiria²  Mochamad Ali Imron³  Gholam Reza Zandi⁴ 

[1] Economics Department, Faculty of Business and Economics, University Islam Indonesia;Islamic Economics Department, Faculty of Islamic Studies, University Islam Indonesia;Management and Humanities Department, PETRONAS University of Technology;Universiti Kuala Lumpur, Business School

关键词: Financing model;    Islamic;    Land;    Waqf;    Wellbeing.;   

DOI  :  10.55493/5002.v13i1.4696

学科分类：社会科学、人文和艺术（综合）

来源: Asian Economic and Social Society

【 摘 要 】

Waqf land can be a factor in the economic wellbeing of the community if it is managed productively. At the same time, it is necessary to determine the best financing model to manage waqf land because waqf institutions are constrained by the absence of funds to produce waqf assets. This paper aims to describe the financing models that can be applied in the development of productive waqf land, as well as find the most effective financing model for productive waqf land. Financing that reduces the risk of loss needs to be considered by waqf institutions in choosing the right financing model. Waqf management aims to properly run and increase the waqf properties' value while fostering the culture of waqf for the good of the community. In most Muslim nations, the government is in charge of overseeing the management of waqf properties to varying degrees. However, communities have built-in claims on the issues that affect them, including the usage of waqf properties. Therefore, in every activity, including the management of waqf, are all for the sake of Allah (lillahi ta'ala).

【 授权许可】

CC BY