Abstract
Waqf is able to create a big contribution if it is managed productively. Therefore, there are many waqf institutions that are developing waqf productively, one of which is the UNISMA Foundation. By having good management, the UNISMA Foundation has succeeded in making productive waqf continues to grow through the establishment of business units. This study aims to obtain an overview and analyze the productive waqf management at the Waqf Institution of UNISMA Foundation in the perspective of Kuntowijoyo's prophetic social theory. This research applies a qualitative approach with the type of case study. The results showed that the management of productive waqf management was carried out through the implementation of management functions in the form of planning, organizing, directing and controlling functions. The analysis of Kuntowijoyo's prophetic social theory shows that in the management of productive waqf at the Waqf Institution of UNISMA Foundation, there are elements of Kuntowijoyo's prophetic social in the form of humanization, liberation and transcendence.
Highlights
The Waqf Institution of UNISMA (Malang Islamic University-East Java) Foundation is one of the waqf institutions appointed to be a pilot productive waqf institution
The great potential of waqf has not been fully explored and developed. If this large number of waqf is developed productively through economic empowerment of the people such as various forms of profitable business and with good management by professional nazhir, waqf will absolutely become a source of funds that can be used to improve the welfare of the community [1]
This study examined in depth the implementation of productive waqf management at Waqf Institution of UNISMA Foundation, so that it can find the reality behind the implementation in the perspective of Kuntowijoyo's prophetic social theory
Summary
The Waqf Institution of UNISMA (Malang Islamic University-East Java) Foundation is one of the waqf institutions appointed to be a pilot productive waqf institution. The great potential of waqf has not been fully explored and developed. If this large number of waqf is developed productively through economic empowerment of the people such as various forms of profitable business and with good management by professional nazhir, waqf will absolutely become a source of funds that can be used to improve the welfare of the community [1]. The obstacle faced in the management of productive waqf is related to simple management, where nazhir manages waqf not by fulfilling the concept of good management [2]. To analyze the management of productive waqf at Waqf Institute of UNISMA Foundation, this study applies Kuntowijoyo's prophetic social theory. Construction of social knowledge based on divine and prophetic values through the link between humanization, liberation, and transcendence [6]
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