Law development on cash waqf (Al Nuqud) to electronic waqf (E-Waqf) for public welfare
Argo Victoria, Esmi Warassih P, Akhmad Khisni
The Waqf management innovation has been happening in Islamic countries including Kuwait, Qatar, Emirates, Jordan, Saudi Arabia, Egypt, Turkey, Bangladesh, Malaysia, Brunei, etc however Indonesia as one of the country in which many of its residents are Islam havent innvovate anything like Electronic Waqf or E-Waqf for example. Based on the matters described above, the problems discussed in this article is Why Cash Waqf (Al Nuqud) in Indonesia Currently are Not Being Transformed to Electronic Waqf (E-Waqf) Whereas the system has been applied in various sector and How to advance the Law Development on Cash Waqf (Al Nuqud) Towards Electronic Waqf (E-Waqf) for Public Welfare. The approach in this study using the Socio-Legal approach and hermeneutics, this study took place at the IIUM Endowment Fund. The research was conducted in Gombak, Selangor, Malaysia is one of the states in Malaysia are quite advanced both in terms of social welfare, education, health, etc. so interesting to study. This study was conducted from December 2018-April 2019. The research shows that the Development of Cash Waqf (Al Nuqud) towards Electronic Waqf (E-Waqf) to be one chance in reconstructing use of cash waqf funds through the empowerment of community economic development. So automatically in the field, cash waqf could be reached by various groups including the lower middle class. In addition, the ease of electronically can be accessed by anyone, anywhere and at any time when a wakif want donating property held without having to raise a lot of money in advance. Through the development of waqf Cash Waqf (Al Nuqud) through the Electronic Waqf system (E-Waqf) then nadzir and potentially large endowments management agencies in collecting funds waqf in Indonesia. Especially, through bank partnerships that have been media tempan raise endowment of wakif either through cash transfers, Point of sale transfers, Automatic Teller Machine (ATM), Transfers initiated by telephone, Electronic Data Interchange (EDI) and Virtual cash payment on the internet.
Argo Victoria, Esmi Warassih P, Akhmad Khisni. Law development on cash waqf (Al Nuqud) to electronic waqf (E-Waqf) for public welfare. International Journal of Law, Volume 6, Issue 1, 2020, Pages 199-208