Abstract
This study aims to determine the management mechanism of productive waqf based on jurisprudence, Compilation of Islamic Law (KHI), and Law Number 4 of 2004 regarding waqf. In addition, this study also aims to reveal the form of welfare distribution (al-falāḥ) channeled from various productive waqf programs. The type of research is qualitative research with a socio-historical approach. The study uses primary and secondary data from the Indonesian National Charity Foundation (YAKIN) in South Sulawesi. The results of this study show that productive waqf management has been managed based on a system of collaboration between YAKIN and Nāẓir who experienced and the development of each program model. Managed productive waqf are divided into two forms, namely “waqf khairy” in the form of education programs and cash waqf in the form of rice management programs, business assistance, and capital investment. The cash waqf collection system is carried out by fundraising through family, workmates, and social media networks. The review of jurisprudence on productive waqf is in accordance with the corridors of the sharī‘ah and compilation of Islamic law, but in the implementation of the Law Number 4 of 2004 regarding waqf, it does not fulfill the requirements of the cash waqf pledge. This research also reveals that the distribution classification of al-falāḥ for productive waqf includes socio-religious aspects in the form of school fees, mosque establishment and the cultivation of Islamic values.
Highlights
Waqf is a wāqif legal action to separate and or surrender some of his property to be used forever or for a certain period of time in accordance with his interests for the purposes of worship and or general welfare according to sharia
The second objective is to find out the distribution of benefits obtained from the productive waqf of the Indonesian Charity Foundation in providing welfare in order to achieve the vision as a humanitarian institution capable of providing welfare in economic and social religious aspects to the general public and the poor in particular
Entering 2016, optimism to maximize the social work of the Indonesian National Charity Foundation, it was agreed to register the Indonesian National Charity Foundation as an official foundation recognized by the government as in the annex to the decision of the Minister of Law and Human Rights of the Republic of Indonesia Number AHU00224760.AH.01.04
Summary
Waqf is a wāqif legal action to separate and or surrender some of his property to be used forever or for a certain period of time in accordance with his interests for the purposes of worship and or general welfare according to sharia. Waqf serves to realize the economic potential and benefits of waqf property for the sake of worship and to promote general welfare (Anon, 2011). Waqf has a very large role in the distribution of wealth (welfare), in Islamic economic studies, waqf are included in one of the Islamic financial institutions. The second objective is to find out the distribution of benefits obtained from the productive waqf of the Indonesian Charity Foundation in providing welfare (al-falāḥ) in order to achieve the vision as a humanitarian institution capable of providing welfare in economic and social religious aspects to the general public and the poor in particular
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