Abstract
Management of Waqf by individual collectors dominates Waqf management in Indonesia. However, since Waqf laws stated that The individual and an institution could manage Waqf, the opportunity to develop Waqf is more open for Waqf institutions. One of the established Waqf institutions is the Daarut Tauhiid Waqf institution. This study aims to identify and analyze existing strategies and generate development strategies for Islamic Boarding School-based Waqf. The research method used was descriptive qualitative by using Business Model Canvas (BMC), Strength Weakness Opportunity Threat (SWOT), and Analytical Network Process (ANP) approaches. The researchers conducted this study in Daarut Tauhiid Islamic Boarding School Bandung from November 2020 to March 2021. The respondents were practitioners, namely the director and staff of Daarut Tauhiid Waqf institution, regulators from the Ministry of Religion, and academics from universities in Bogor and Jakarta. Data were collected from in-depth interviews and questionnaires from respondents. The most important development strategy to be implemented in the Daarut Tauhiid Waqf institution is the development of human resources competency. Therefore, competent human resources can establish a trusted, professional, and trustworthy team managing Waqf-based Islamic boarding schools.
Highlights
In recent years, the development of Waqf is growing wider and better, following the needs of developing Islam
The strategic transformation in carrying out the wheels of Waqf institutions requires cooperation in optimizing Waqf productivity through strategies, especially the development strategy of Islamic boarding schools-based Waqf, which has been arranged based on Business Model Canvas (BMC), Strength Weakness Opportunity Threat (SWOT), and Analytical Network Process (ANP) approach methods
This study reveals that the element of key resources becomes a most important strategy by improving the development of human resources competence
Summary
The development of Waqf is growing wider and better, following the needs of developing Islam. Gained real-time data in the Directorate of Zakat and Waqf, Ministry of Religious accessed on March 10, 2021, stated that the asset of Waqf land has spread over 396.335 locations and the width reached 52.908 hectares, about 60.31% of the total land area of the Waqf have already had certificates. From this data, the potency of Waqf will be larger and better in the future becomes an expectation
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