CASH WAQF AS THE ISLAMIC FINANCIAL INSTRUMENT FOR SUSTAINABLE SOCIETY DEVELOPMENT

Authors

  • Yunita Wulandari Faculty of Sharia, Universitas Al-Falah As-Sunniyah Jember, Indonesia
  • Musta’an Al Faruqi Faculty of Islamic Economic and Finance, Istanbul Sabahattain Zaim University, Turkiye
  • Khurun’in Zahro International Centre for Awqaf Studies (ICAST), Faculty of Sharia, Universitas Darussalam Gontor, Indonesia
  • Fadhila Tianti Mudi Awalia International Centre for Awqaf Studies (ICAST), Faculty of Sharia, Universitas Darussalam Gontor, Indonesia

DOI:

https://doi.org/10.22373/aiszawa.v2i1.9654

Keywords:

Cash Waqf, Sustainable Society Development, Waqf Indonesia Board (BWI).

Abstract

The purpose of this study is to explore the Cash Waqf potency in Indonesia to beneficiaries and how it affects long-term social development. Indonesia has significant potential for waqf granted by the waqif, as well as cash waqf. However, most Indonesians' concept of waqf is still restricted to land wakf, mosques, educational facilities, and so on. This study draws on secondary data sources pertaining to the influence of Cash Waqf on societal welfare and development produced by many experts and drawn from diverse works of literature. The research discussion is descriptive in nature. The study's goal is to learn about the multiplier management of cash waqf in Indonesia and its impact on long-term social development. It demonstrates how, through the multiplier impact of cash waqf, CWs can affect societal development in economics, commerce, and social sectors such as education and health care. CWs are also integrated with the Sustainable Development Goals (SDGs).

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Internets:

http://www.bwi.go.id

http://siwak.kemenag.go.id

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Published

2026-01-23

How to Cite

Wulandari, Y., Faruqi, M. A., Zahro, K., & Awalia, F. T. M. (2026). CASH WAQF AS THE ISLAMIC FINANCIAL INSTRUMENT FOR SUSTAINABLE SOCIETY DEVELOPMENT. Proceedings of Aceh International Seminar on Zakat and Waqf, 2(1). https://doi.org/10.22373/aiszawa.v2i1.9654