Empowering Wakaf (Islamic endowment) for Economic Development: An Insightful Value of Nazir Waqf in Indonesia

Authors

  • Duski Ibrahim Program Pascasarjana,Universitas Islam Negeri Raden Fatah, Palembang, Indonesia
  • Ahmad Zainuri Program Pascasarjana,Universitas Islam Negeri Raden Fatah, Palembang, Indonesia
  • Miftachul Huda Academy of Islamic Civilization, Faculty of Social Science and Humanities, Universiti Teknologi Malaysia, 81310 UTM Johor Bahru, Johor

DOI:

https://doi.org/10.11113/umran2020.7n1.405

Keywords:

Productive Waqf, ummah (Islamic community) based-economy, and Nazir (appointed administrator)

Abstract

Productive waqf, which are one of the instruments of economic development for the people in Indonesia, have not yet materialized. Even though the legislation regarding waqf (Islamic endowment) has been ratified and enforced by the Indonesian Government, especially Law No. 1 of 2004 concerning Endowments. The main cause is assumed to lie in the end of waqf that has not been effective. Therefore, this study is focused on talking about Nazir (appointed administrator) under the position in managing productive waqf. The qualitative data used is sourced from books and statutory regulations on waqf in Indonesia, then analyzed by the opinions ulama especially those related to Nazir waqf, whether individuals, organizations or legal entities. Based on the studies conducted, the development of waqf is still a lot of obstacles or obstacles, such as the community’s understanding of waqf is still weak, public trust in Nazir is still not lacking, and Nazir itself is still a lot of professionals. Therefore, the solution is to develop Nazir waqf, both moral, managerial, business knowledge, and raising Nazir that is not yet a full timer, not just part time work. When such obstacles have been overcome, God willing, productive endowments will develop in Indonesia, and finally the productive endowments can truly be an element of empowerment and economic development of the people.

Author Biographies

Duski Ibrahim, Program Pascasarjana,Universitas Islam Negeri Raden Fatah, Palembang, Indonesia

UIN Raden Fatah Palembang

Ahmad Zainuri, Program Pascasarjana,Universitas Islam Negeri Raden Fatah, Palembang, Indonesia

UIN Raden Fatah Palembang

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Published

2020-02-27

How to Cite

Ibrahim, D., Zainuri, A., & Huda, M. (2020). Empowering Wakaf (Islamic endowment) for Economic Development: An Insightful Value of Nazir Waqf in Indonesia. UMRAN - International Journal of Islamic and Civilizational Studies, 7(1), 103–114. https://doi.org/10.11113/umran2020.7n1.405

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