Abstract
This study uses a descriptive qualitative method. Data collection comes from interviews with parties who are tied to the management of Cash Waqf Linked Sukuk (CWLS), especially the SW001 series at the Indonesian Waqf Board (BWI) as well as collecting data and reviewing various written sources related to CWLS practices at BWI). The results of this study indicate that: First, the practice of managing the CWLS SW001 program which involves stakeholders, one of which is the Indonesian Waqf Board as the sole nazhir wherein the nazhir invests the cash waqf using a mudharabah contract to issue SBSN by the ministry of finance in a private placement so as to channel the use of investment returns in the form of discounts. and compensation for the construction of the Achmad Wardi Eye Hospital in Banten. The results are collected and placed in CWLS for the purpose of developing new waqf assets (renovation and purchase of medical equipment, community services such as free cataract surgery and procurement of ambulances. Second, the influence of CWLS SW001 on community welfare is the achievement of CLWS in the form of health services (retinal devices and glaucoma). ) at the Achmad Wardi Eye Hospital is very helpful for the people around Banten. Given the very high cost of health operations and the returns obtained through CWLS as a form of financial recovery during the COVID-19 pandemic, CWLS has a significant effect on the welfare of the community.
Highlights
This study uses a descriptive qualitative method
The results of this study indicate that: First, the practice of managing the Cash Wakaf Link Sukuk (CWLS) SW001 program which involves stakeholders, one of which is the Indonesian Waqf Board as the sole nazhir wherein the nazhir invests the cash waqf using a mudharabah contract to issue Surat Berharga Syariah Negara (SBSN) by the ministry of finance in a private placement so as to channel the use of investment returns in the form of discounts. and compensation for the construction of the Achmad Wardi Eye Hospital in Banten
| di Badan Wakaf Indonesia Terhadap Kesejahteraan Masyarakat 83 Amirah Nahrawi & Zabaarij Al Fu’adah
Summary
Tujuan dikembangkannya Cash Waqf Linked Sukuk yaitu (Paul & Faudji, 2020:7): a. Bagian dari upaya pengembangan dan inovasi di bidang keuangan dan investasi social Islam di Indonesia. | di Badan Wakaf Indonesia Terhadap Kesejahteraan Masyarakat 67 Amirah Nahrawi & Zabaarij Al Fu’adah b. Memfasilitasi para pewakaf uang agar dapat menginvestasikan wakaf uang pada instrument keuangan yang aman yaitu sukuk Negara. C. Mendorong konsolidasi dana-dana social Islam untuk kepentingan kemashlahatan. D. Sebagai upaya diversifikasi dan instrument SBN e. Mendorong diversifikasi bisnis lembaga keuangan syariah melalui optimalisasi peran lembaga sebagai penerima wakaf uang Inti dari tujuan pengembangan cash wakaf link sukuk adalah untuk mengoptimalkan keuangan syariah dan mensejahterakan mayarakat
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