2020
DOI: 10.20473/jmtt.v13i1.14399
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Wakaf Uang untuk Optimalisasi Pembiayaan Usaha Mikro Kecil dan Menengah (UMKM) Melalui Koperasi Syariah di Indonesia

Abstract: Waqf is one of the Islamic law that concern people’s lives which is has a function for the community interest to obey to Allah SWT. In practice, waqf in Indonesia faces many hard problems, because commonly known as non-productive waqf. This research is aim to identify the priority factors that being a barrier to develop the practice of cash waqf on Small Medium Enterprises (SME) financing through Islamic Cooperation in Indonesia using Analytic Network Process (ANP) method.  The result shows that the problems a… Show more

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Cited by 13 publications
(14 citation statements)
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“…Savings and loan cooperatives and sharia financing (KSPPS) are institutions that take the form of cooperatives. KSPPS are institutions whose primary business activities are savings, loans, and financing in accordance with sharia principles, including the management of zakat, infaq, alms, and endowments (Fajariah et al al., 2020;Pratiwi, 2014).…”
Section: Resultsmentioning
confidence: 99%
“…Savings and loan cooperatives and sharia financing (KSPPS) are institutions that take the form of cooperatives. KSPPS are institutions whose primary business activities are savings, loans, and financing in accordance with sharia principles, including the management of zakat, infaq, alms, and endowments (Fajariah et al al., 2020;Pratiwi, 2014).…”
Section: Resultsmentioning
confidence: 99%
“…Cash waqf also helped eliminate the practice of riba (usury (Cizakca, 1998)), (Ab Shatar, et al, 2021), (Aldeen, et al, 2020) and (Rizal & Amin, 2017). Further studies investigated cash waqf collection (Kasri & Chaerunnisa, 2020), online cash waqf (Berakon, et al, 2020), the impact of the digital Islamic banking system on cash waqf (Afroz, et al, 2019), waqf-based Islamic microfinance (Fajariah et al, 2020), and others.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Indonesia, the largest Muslim-majority country in the world, certainly has a huge potential for cash waqf. According to research by Fajariah et al (2020), the potential of cash waqf in Indonesia can reach 20 trillion annually. Although based on data from the Indonesian Waqf Board (BWI), the realization of cash waqf in Indonesia in 2019 only reached 800 billion rupiahs (Lubis, 2020).…”
Section: Introductionmentioning
confidence: 99%
“…Moreover, the nature of the waqf object must be productive. Therefore, one form of innovation in using cash waqf in Indonesia is to provide expanded access to financing for developing the green waqf-based garden plant industry (Fajariah et al, 2020).…”
Section: Introductionmentioning
confidence: 99%