Cash Waqaf Regulation In Indonesia – An Analysis Towards Zero Hunger During Covid 19 Pandemic

Awang Long Law Review

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Field Value
 
Title Cash Waqaf Regulation In Indonesia – An Analysis Towards Zero Hunger During Covid 19 Pandemic
 
Creator Ulya Kencana
Nasiibah Ramli
Mohd Naqib Hamdan
 
Subject Cash Waqaf
Islamic Economy
Covid-19
Regulations
 
Description Cash waqf is an intangible waqf, an innovation of the traditional concept of waqf or Islamic endowment practice. Looking at the potential of cash waqf for the benefit of the society, Indonesian government then regulates it in Law Number 41 of 2004 concerning Waqf together with Indonesian Waqf Board Regulations and other regulations. Cash waqf practice is getting wider acceptance in the society, however its potential has not been fully utilised for the benefit of the society. Reason being is that the allocation of cash waqf is not considered as charity (direct assistance) but instead it is managed productively for business ventures. Besides that, due to overlapping rules on cash waqf, Nazhir of cash waqf are incapable of managing waqf money independently. On top of that Muslim community at large are still unclear with the procedures on how to donate money based on existing laws and regulations. Thus this research aims to Research findings regarding cash waqf regulation for the benefit of the community during the Covid-19 period have not been optimal. Because the allocation of cash waqf is not specifically for overcoming the economy of the people affected by the Covid-19 outbreak.
 
Publisher Awang Long School of Law
 
Date 2021-11-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ejournal.stih-awanglong.ac.id/index.php/awl/article/view/240
 
Source Awang Long Law Review; Vol 4 No 1 (2021): Awang Long Law Review; 32-46
2654-5462
2655-7355
 
Language eng
 
Relation http://ejournal.stih-awanglong.ac.id/index.php/awl/article/view/240/196
 
Rights Copyright (c) 2021 Awang Long School of Law
https://creativecommons.org/licenses/by-sa/4.0
 

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