Individual and Household Economic Recovery After the Covid-19 Through Temporary Waqf Program

Rosidin, Rosidin and Andriani, Fenty and Mardhatillah, Masyitah and Fitriani, Aprilya and Rohmanan, Mohammad (2020) Individual and Household Economic Recovery After the Covid-19 Through Temporary Waqf Program. Proceedings of the 2nd Annual Conference on Social Science and Humanities (ANCOSH 2020), 542. pp. 278-284.

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Abstract

Abstract—It is historically proven that waqf plays a good role as the public financial source. The relevant shape of waqf for nowadays context is a temporaryone (waqf mu’aqqat). This study aims to offer a temporary waqf program as an alternative solution in both individual and household economic recovery after the Covid-19 pandemic through Jaring Pengaman Sosial. This research uses a qualitative approach and a library study presented descriptive-analytically. It reveals some points: First, fundraising strategy on temporary waqf effectively covers: a) Optimization of waqf fund of LKS-PWU; b) Allocation of government fund; c) Reallocation of BAZNAS and LAZ fund; d) Reallocation of CSR fund; e) Initiation of fundraising through influencers, related institution, and community. Second, collaborative managemenet of temporary waqf fund strategy involves five parties covering government (executive, legislative, and judiciary); public figures (Islamic scholars, influencers, and media owners); company (banking, industry, small industries); institution (LKS-PWU, BAZNAZ, LAZ); and people (waqf giver, receiver and auditor). Third, comprehensive temporary waqf program implementation strategy is done in five phases: coordination, socialization, education, actualization, and evaluation. As the central part, the actualization phases include five types of productive business activities i.e muzara’ahmukhabarah, musharakah, mudarabah, kafalah-daman and lawful banking system. Keywords—the Covid-19, household economics, Social Safety Net (Jaring Pengaman Sosial), temporary endowment (waqf almu’aqqat)

Item Type: Article
Subjects: A General Works > AC Collections. Series. Collected works
A General Works > AI Indexes (General)
A General Works > AS Academies and learned societies (General)
H Social Sciences > HC Economic History and Conditions
Depositing User: Administrator Khazanah
Date Deposited: 19 Jun 2023 02:04
Last Modified: 19 Jun 2023 02:04
URI: http://repository.iainmadura.ac.id/id/eprint/901

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