Entrepreneurship Development Model through Cash Waqf Financing in The Muhammadiyah Waqf Institution Cilacap Regency
DOI:
https://doi.org/10.30631/iltizam.v6i1.1117Keywords:
cash waqfAbstract
Purpose – This study is to identify the obstacles in conducting an entrepreneurial development model with cash waqf financing in Cilacap Regency and formulate an entrepreneurship development model with cash waqf financing through business charities at the Muhammadiyah Waqf Institution, Cilacap Regency Design/methodology/approach - This study is a qualitative descriptive study to analyze the model of entrepreneurship waqf development in Cilacap Regency using the triangulation method at the time of data collection and analysis which is expected to confirm validity of the data or information obtained in various different perspectives. The population in this study is the waqf manager at the Muhammadiyah institution (Muhammadiyah Regional Leader) Cilacap Regency, Central Java. While the sample used is purposive sampling by selecting the Muhammadiyah Branch Manager (PCM) who is the most advanced in managing business/entrepreneurial charities, namely PCM Majenang Finding - Based on the results of processing secondary data and primary data, the obstacles commonly encountered by the selected Muhammadiyah Business Amal (AUM) are financial problems.
References
Al Quran dan Al Hadits
Abd Jalil, M. I., Yahya, S., & Allah Pitchay, A. (2019). Building committed Waqif: the role of information disclosure. Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-05-2016-0058
Ahmad, N. A. B., & Ab Rahman, A. (2018). Empowering Society Through Waqf Bazars: A Case Study in Kelantan, Malaysia. New Developments in Islamic Economics: Examples from Southeast Asia, 83.
Alam, M. M., Shahriar, S. M., Said, J., & Monzur-E-Elahi, M. (2018). Waqf as a tool for rendering social welfare services in the social entrepreneurship context. Global Journal Al-Thaqafah. https://doi.org/10.7187/gjatsi2018-06
Alhifni, A., Huda, N., Anshori, M., & Trihantana, R. (2017). WAQF an instrument of community empowerment in Islamic Boarding School Daarut Tauhiid in Indonesia. Journal of Islamic Economics, Banking and Finance, 13(2), 76–88.
Berakon, I., & Irsad, A. M. (2017). E-Payment: Inovasi Layanan Penghimpunan dan Redistribusi Wakaf Uang Berbasis Online dalam Percepatan Pembangunan Ekonomi Indonesia. Jurnal Al-Qardh, 2(1), 26–41.
bin Borham, A. S. (2011). Pelaksanaan pembangunan wakaf korporat Johor Corporation Berhad (JCorp): satu tinjauan.
Dahlan, N. K., Yaa'kub, N. I., Abdul Hamid, M., & Palil, M. R. (2014). Waqf (Endowment) Practice in Malaysia Society. International Journal of Islamic Thought. https://doi.org/10.24035/ijit.05.2014.007
Diandra, D. (2019). Program Pengembangan Kewirausahaan Untuk Menciptakan Pelaku Usaha Sosial Yang Kompetitif. Prosiding Industrial Research Workshop and National Seminar, 10(1), 1340–1347.
Fahruroji. (2019). Wakaf Kontemporer ii. 304.
Hassan, S. N. A. C., & Ab Rahman, A. (2018). The Potential of Cash Waqf in the Socio-economic Development of Society in Kelantan. In New Developments in Islamic Economics. Emerald Publishing Limited.
Iman, A. H. M., & Mohammad, M. T. S. H. (2017). Waqf as a framework for entrepreneurship. Humanomics. https://doi.org/10.1108/H-01-2017-0015
Kachkar, O. A. (2017). Towards the establishment of cash waqf microfinance fund for refugees. ISRA International Journal of Islamic Finance, 9(1). https://doi.org/10.1108/IJIF-07-2017-007
Khairi, K. F., Aziz, M., Laili, N., Nooh, M., Sabri, H., & Ali Basah, M. Y. (2014). Share waqf (corporate waqf) as an alternative financial instrument in improving the communities and nation welfare. Available at SSRN 2448122.
Mahamood, S. M., & Ab Rahman, A. (2015). Financing universities through waqf, pious endowment: is it possible? Humanomics. https://doi.org/10.1108/H-02-2015-0010
Mahmood, N. A., & Shafiai, M. H. M. (2013). Potensi wakaf korporat kepada pemilikan ekuiti muslim: Kajian di Wakaf An-Nur Corporation. Persidangan Kebangsaan Ekonomi Malaysia Ke VIII (PERKEM VIII), Johor Bahru.
Mohammad, M. T. S. H. (2015). Theoretical and trustees' perspectives on the establishment of an islamic social (Waqf) bank. Humanomics. https://doi.org/10.1108/H-05-2013-0032
Musa, S. O., & Salleh, M. C. M. (2018). Proposing a model for entrepreneurship development : the role of entrepreneurs'cash waqf Intention. Journal of Islamic Monetary Economics and Finance, 4(1), 183–204.
Norzilan, N. I. (2018). Waqf in Malaysia and its new waves in the twenty-first century. ã‚¤ã‚¹ãƒ©ãƒ¼ãƒ ä¸–ç•Œç ”ç©¶: Kyoto Bulletin of Islamic Area Studies, 11, 140–157.
Nurodin Usman. (2015). Studi Hadis-Hadis Wakaf Dalam Kitab Sahih Al-Bukhari dan Fath Al-Bari. Cakrawala, X(2), 175–193.
Pitchay, A. A., Thaker, M. A. M. T., Mydin, A. A., Azhar, Z., & Latiff, A. R. A. (2018). Cooperative-waqf model: a proposal to develop idle waqf lands in Malaysia. ISRA International Journal of Islamic Finance.
PKU Muhammadiyah Cilacap. (n.d.). Retrieved June 26, 2021, from https://muhammadiyahwanareja.web.id/
Rusydiana, A. S., & Devi, A. (2018). Elaborating Cash Waqf Development In Indonesia Using Analytic Network. International Journal of Islamic Business and Economics (IJIBEC). https://doi.org/10.28918/ijibec.v2i1.1177
Saad, A. I. (2019). The corporate waqf in law and practice. Berkeley J. Middle E. & Islamic L., 10, 1.
Sanusi, S., & Shafiai, M. H. M. (2015). The management of cash waqf: toward socio-economic development of Muslims in Malaysia. Jurnal Pengurusan (UKM Journal of Management), 43.
Sarif, S., Ali, N. A., Omar, C. M. C., & Adaha, N. M. A. (2018). Management of Sharia Compliant Hotel in Malaysia: The Experiences of Waqf Hotels. Proceedings of the 3rd International Halal Conference (INHAC 2016), 373–383.
Selasi, D., & Muzayyanah, M. (2020). Wakaf Saham Sebagai Alternatif Wakaf Produktif Pada Perkembangan Ekonomi Syariah di Indonesia. TAWAZUN: Journal of Sharia Economic Law, 3(2), 155–170.
Shaikh, S. A., Ismail, A. G., & Mohd Shafiai, M. H. (2017). Application of waqf for social and development finance. ISRA International Journal of Islamic Finance. https://doi.org/10.1108/IJIF-07-2017-002
Sistem Informasi Wakaf. (n.d.). Retrieved November 28, 2020, from http://siwak.kemenag.go.id/
Soedigno, V. R., & Penanggung. (2019). Laporan Perkembangan Ekonomi Syariah Daerah 2019-2020. Komite Nasional Ekonomi Dan Keuangan Syariah (KNEKS), 53(9), 1689–1699.
Sugiyono. (2016). Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kulaitatif dan R & D. Bandung: Cv. Alfa Beta.
Suhaimi, F. M., Ab Rahman, A., & Marican, S. (2014). The role of share waqf in the socio-economic development of the Muslim community: The Malaysian experience. Humanomics. https://doi.org/10.1108/H-12-2012-0025
Thaker, M. A. B. M. T., Mohammed, M. O., Duasa, J., & Abdullah, M. A. (2016). Developing cash waqf model as an alternative source of financing for micro enterprises in Malaysia. Journal of Islamic Accounting and Business Research.
Triangulasi dalam Penelitian Kualitatif. (n.d.). Retrieved November 28, 2020, from https://www.uin-malang.ac.id/r/101001/triangulasi-dalam-penelitian-kualitatif.html
Downloads
Published
Issue
Section
License
Copyright (c) 2022 ILTIZAM Journal of Shariah Economics Research
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
