Problematics in Development and Management of Money Affairs (Cash Affairs) in Indonesia

Nashihah, Faidatun (2019): Problematics in Development and Management of Money Affairs (Cash Affairs) in Indonesia.

Abstract

This article explains the problems in the development and management of cash waqf in Indonesia. Cash waqf by people, groups of people, and institutions or legal entities in the form of cash. Waqf cash is still debated among scholars whether it is legal or not, and managing cash waqf professionally is still a discourse and not many people or institutions can accept such waqf models. This article also discusses understanding, legal basis, problematics, management and solutions. Also discussed about cash waqf as the basis for community economic development by opening up Muslim rigidity to cash waqf, as well as the economic prospects of waqf property. The potential of waqf is one of the instruments of economic empowerment for Muslims even though management in Indonesia is still not good. But seen from the number, waqf property in Indonesia is quite large. Money waqf has played an important role as one of the new Islamic fiscal instruments in the economy. Money waqf has two functions as a means of worship and the achievement of social welfare. This article tries to explore how the problems in developing money waqf management such as the way it is distributed and its circulation and how the waqf is able to have a good impact on the surrounding community.

• Item Type: MPRA Paper
• Language: English
• Keywords: Problems, Development, Management, Cash Waqf, Indonesia.
• Subjects: A - General Economics and Teaching > A1 - General Economics > A10 - General; G - Financial Economics > G0 - General > G00 - General; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors; G - Financial Economics > G2 - Financial Institutions and Services > G24 - Investment Banking ; Venture Capital ; Brokerage ; Ratings and Ratings Agencies; H - Public Economics > H0 - General > H00 - General; P - Economic Systems > P4 - Other Economic Systems; P - Economic Systems > P4 - Other Economic Systems > P43 - Public Economics ; Financial Economics

References

Ahmad Atabik, “Strategi Pendayagunaan dan Pengelolaan Wakaf Tunai di Indonesia“ZISWAF, Vol. 1, No. 2, (Desember 2014) Ali Amin Isfandiar, “Tinjauan Fiqh Muamalat dan Hukum Nasional tentang Wakaf di Indonesia” Jurnal Ekonomi Islam Vol II, No. 1, (Juli ; 2008) Muhammad Alfin Syauqi, “Optimalisasi Pengelolaan Wakaf Uang untuk Kesejahteraan Umum” Kanun Jurnal Ilmu Hukum, No. 63, Th. XVI (Agustus, 2014) M. Nur Rianto Al Arif, “Efek Multiplier Wakaf Uang dan Pengaruhnya terhadap Program Pengentasan Kemiskinan” Jurnal Ilmu Syari’ah dan Hukum, Vol. 46 No. I, (Januari-Juni 2012) Duddy Roesmara Donna, “Penerapan Wakaf Tunai pada Lembaga Keuangan Publik Islami” Journal of Islamic Business and Economics, Vol. 1, No. 1, (Desember, 2007) Ahmad Furqon, “Wakaf Sebagai Solusi Permasalahan-Permasalahan Dunia Pendidikan di Indonesia”, Jurnal Hukum Islam (JHI) Vol. 10, No. 1, (Juni 2012) Junaidi Abdullah dan Aristoni, “Wakaf Uang Sebagai Instrumen Sistem Ekonomi Islam yang Berkeadilan”, ZISWAF, Vol. 2, No. 1, (Juni 2015) Drs. H. Khusaeri, M.Ag, “Wakaf Produktif”, Jurnal Pemikiran Islam dan Filsafat Vol. XII, No. 1, (Januari – Juni 2015) Ahmad Nizar, “Faktor-Faktor yang Mempengaruhi Persepsi Wakif tentang Wakaf Uang”, Jurnal Bisnis dan Manajemen Vol. 4, No. 1, (April 2014) Miftahul Huda, “Model Manajemen Fundrising Wakaf”, Ahkam: Vol. XIII, No. 1, (Januari, 2013) Ulya Kencana & Abdul Hadi, ”Wakaf Uang dalam Perspektif Hukum dan Politik”, NURANI, Vol. 16, No. 2, (Desember, 2016) Muhyar Fanani, “Pengelolaan Wakaf Tunai”, Walisongo, Volume 19, Nomor 1, (Mei, 2011) ; pp. 180) Abdul Hakim, “Manajemen Harta Wakaf Produktif dan Investasi dalam Sistem Ekonomi Syariah” Riptek, Vol.4, No.I1, (2010) M. Nur Rianto Al Arif, “Wakaf Uang dan Pengaruhnya terhadap Program Pengentasan Kemiskinan di Indonesia” INDQ-ISLAMIKA, Volume 2, Nomor 1, (2012/1433)