Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Kartika: Jurnal Studi Keislaman
Nirdukita Ratnawati
Universitas Trisakti Jakarta
Religion Economics, Econometrics & Finance Education

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Optimalisasi Tanah Wakaf Terlantar di Indonesia: Analisis Komparatif Cash Waqf Linked Sukuk (CWLS) dan Sukuk Musyarakah ST Naurah Nazhifah Resty; Nirdukita Ratnawati
Kartika: Jurnal Studi Keislaman Vol. 6 No. 3 (2026): Kartika: Jurnal Studi Keislaman (August)
Publisher : Lembaga Pendidikan Tinggi Nahdlatul Ulama (LPT NU) PCNU Kabupaten Nganjuk

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59240/kjsk.v6i3.1151

Abstract

Waqf is an Islamic social finance instrument with strong potential to support sustainable development. In Indonesia, much waqf land remains idle due to limited financing mechanisms and institutional capacity. The government has introduced Cash Waqf Linked Sukuk (CWLS) as an innovative financing solution, while Musharakah Sukuk, used in countries like Singapore, offers another alternative. This study analyzes and compares the suitability of both instruments for developing idle waqf land assets in Indonesia. This research employs a qualitative-comparative approach based on a review of reputable academic journals, regulatory documents, and data obtained from relevant institutions. The findings indicate that CWLS can serve as a financing instrument for idle waqf land assets, particularly when complemented by specific cooperation schemes with banking institutions. Meanwhile, Musharakah Sukuk is structurally more relevant for financing the development of idle waqf land assets due to its project-based and partnership-oriented nature; however, its implementation in Indonesia is constrained by the readiness of regulatory frameworks and supporting systems. This study makes a conceptual contribution and offers policy recommendations for the development of a sustainable waqf financing ecosystem in Indonesia.
Co-Authors ST Naurah Nazhifah Resty