Money Waqf: The Perception of Pesantren Teacher in Capital City, Indonesia with Multiple Correspondence Analysis

Abstract

Law of Indonesia, Act, no. 41 of 2004 concerning waqf existed about 15 years ago, but many people do not know about waqf, especially cash waqf. Whereas cash waqf is a major breakthrough in easy, potential and zero cost of fund. This study aims to discuss the teachers of Islamic boarding schools in Jakarta, the capital city of Indonesia about cash waqf. A sample of 138 teachers from five major Islamic boarding schools in Jakarta. Data collection through questionnaires and analysis using the MCA (Multiple Correspondence Analysis) techniques. The results of the study: teachers' perception of waqf was relatively the same, while the perception of cash waqf varied; teachers' perception of aspects of cash waqf regulation are very diverse, especially with the existence of Law no. 41 of 2004 concerning waqf, the teacher's response to the aspect of interest in cash waqf is very diverse, especially interest in waqf money, quite a lot of teachers do not agree; the common perception of teachers is only on the principle that the management of cash waqf must follow the needs of the community, while for other management, quite a lot of teachers still doubt it.