Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal El-Mashlahah KASBANA: Jurnal Hukum Ekonomi Syari'ah
Wawaysadhya
University of Aberdeen
Religion Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
MANAGEMENT OF WAQF ASSETS AT THE GREAT MOSQUE OF SEMARANG: A MAQASID AL-SHARI'AH PERSPECTIVE Ahmad Wahyudi; Achmad Arief Budiman; Bagas Heradhyaksa; Wawaysadhya
KASBANA Vol 6 No 1 (2026): Januari (IN PROGRESS)
Publisher : Sekolah Tinggi Ilmu Syariah Darul Falah Bondowoso

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The management of the bandha wakaf (endowment assets) of Masjid Agung Semarang (MAS) faces structural complexity resulting from its long history of land exchanges, the duality of legal status among tanah bondo, waqf land, and properties registered under external names, as well as overlapping institutional authorities. This study aims to describe the current management practices of MAS based on primary interview data and secondary documentary sources and to analyze them through the lens of Maqasid al-Shariah with a particular focus on the preservation of property (ḥifẓ al-māl) and the promotion of public benefit (al-maṣlaḥah al-‘āmmah). The findings show that although several assets have not yet been legally secured, the management employs pragmatic strategies, including developing productive business units, regulating relations with occupants of the assets, and securing the properties through land mapping, physical markers, and identification signage. The maqasid-based analysis reveals that these measures align with the objective of safeguarding waqf assets from loss while ensuring their benefit for the congregation and the broader community. The resulting model may be characterized as “maqasid pragmatism,” a welfare-oriented management approach for waqf amid structural limitations of formal legal frameworks. This study enriches the scholarly discourse on productive waqf management and proposes a maqasid-based evaluative approach for addressing contested waqf assets in Indonesia. Keywords: waqf assets, Masjid Agung Semarang, Maqasid al-Shariah, ḥifẓ al-māl, public benefit
Cross-Jurisdictional Reporting Standards for Cash Waqf: A Comparative Normative Legal Study of Indonesia and Malaysia Bagas Heradhyaksa; Nur Khoirin; Mustla Sofyan Tasfiq; Ahmad Wahyudi; Islamiyati; Wawaysadhya
El-Mashlahah Vol 16 No 1 (2026)
Publisher : Sharia Faculty of State Islamic Institute (IAIN) Palangka Raya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23971/el-mashlahah.v16i1.9143

Abstract

Cash waqf holds real promise for Islamic social finance. Its potential, however, has not been matched by equally reliable governance. This study fills that gap by conducting a comparative normative analysis of reporting obligations and transparency standards in cash waqf governance across Indonesia and Malaysia. It proposes a cross-jurisdictional minimum standard that can serve both institutional models without displacing either. This study adopts a doctrinal (normative) legal approach with a comparative method, analysing Indonesia’s legal instruments and the enactments of Malaysian states, as well as the concepts of accountability, transparency, and good governance. The findings show that while both countries recognize reporting as a governance instrument to ensure accountability, there are differences in institutional design and standardization. Indonesia applies an integrated system with reporting obligations from nazhir and LKS-PWU, but there is a risk of fragmentation without standardized publication formats. In contrast, Malaysia employs a state-based system, where SIRC/MAIN centralizes reporting obligations, but variations across states could reduce comparability and uniform minimum disclosure. This normative contribution advances the discourse on Islamic waqf governance by offering an actionable minimum standard that bridges two divergent institutional models, centralized national regimes and decentralized state-based systems, thereby filling a critical gap in cross-jurisdictional waqf governance scholarship.
Co-Authors Achmad Arief Budiman Ahmad Wahyudi Ahmad Wahyudi Bagas Heradhyaksa Bagas Heradhyaksa Islamiyati Mustla Sofyan Tasfiq Nur Khoirin