An Analysis of the Management of Cash Waqf in Poverty Alleviation Efforts in Indonesia
Keywords:
Cash Waqf, Waqf Management, Poverty Alleviation.Abstract
The objective of this study is to examine how cash waqf is managed in Indonesia as a means of poverty reduction. Cash waqf is a sharia financial instrument with great potential to drive social and economic development, particularly in addressing the challenges of poverty. This study utilizes literature review data and a descriptive-analytical qualitative methodology. The results indicate that cash waqf assets can be developed using various modern cash waqf investment schemes, including Stock Waqf, Cash Waqf-Linked Sukuk (CWLS), Cash Waqf-Linked Deposits (CWLD), and other investment schemes. This can significantly reduce poverty if managed in a transparent, competent, and trustworthy manner.
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