Huda, Miftahul and Bin Haji Abdullah, Luqman and Santoso, Lukman and Noviana, Lia (2021) Ulema viewpoints on corporate waqf as legal entity. Journal of Legal, Ethical and Regulatory Issues, 24 (2). ISSN Print ISSN: 1544-0036; Online ISSN: 1544-0044
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Abstract
This research identifies ulema responses’ to develope corporate waqf. With its main
focus on the diversity of Ulema views on legal and corporate waqf reform in Malaysia and
Indonesia. This description is about Ulema views takes from in-depth interviews with the Mufties
of the Islamic Religious Council in Malaysia and the Fatwa Commission and the National Sharia
Council of the Majelis Ulama Indonesia (DSN-MUI). The description is analyzed with a
typological study of thought which results in three variants of the ulema’s response to the
development of corporate waqf. The three variants of the ulema’s response are progressive
response, adaptive response and rejecting response. A progressive response places the waqf of
the corporation as an waqf development entity that is carried out with acceleration and
creativity. The adaptive response places Waqf Corporation as an endeavor for waqf development
without neglecting fiqh concepts such as Islamic legal policy and the flexibility of Madhab
thoughts. While the rejective response, the ulema understand the development of corporate waqf
is difficult to maintance the permanence of assets with the concept of prudence. The three
patterns of response to corporate waqf entities are the basis for creating a model of corporate
waqf development in the modern Moslem world.
| Item Type: | Journal Article |
|---|---|
| Keyword: | Corporate Waqf, Majelis Ulama Indonesia, Siyasa Sharia, Islamic Law, Fatwa |
| Subjects: | 18 LAW AND LEGAL STUDIES > 1899 Other Law and Legal Studies > 189999 Law and Legal Studies not elsewhere classified |
| Divisions: | Fakultas Syariah > Jurusan al-Ahwal al-Syakhshiyyah |
| Depositing User: | Fransisca Puspitasari |
| Date Deposited: | 24 May 2021 04:42 |
| Last Modified: | 09 Jul 2021 03:24 |
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