The Construction of corporate waqf models for indonesia

Huda, Miftahul and Santoso, Lukman (2020) The Construction of corporate waqf models for indonesia. International Journal of Innovation, Creativity and Change, 13 (6). pp. 720-734. ISSN 2201-1323

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Abstract

This study aims to explore the management and development models of waqf assets of companies in Malaysia and Singapore, as well as their relevance for the development of corporate waqf constructions that are in accordance with Indonesian waqf law and the wisdom of traditions that have been developed in keeping with the culture. By using an interpretative exploratory type qualitative approach, this study yields findings that the construction of management and development models of corporate waqf assets in Indonesia that are in accordance with Indonesian legal endowments and traditional wisdom are business entities, banks, universities, foundations, hospitals, and cooperative companies. This study aims to demonstrate the strengthening of the holistic corporate waqf model in Indonesia, as it is necessary to strengthen regulatory stakeholders as well as an integrative and holistic understanding among scholars.

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