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All Journal Akuntansi: Jurnal Riset Ilmu Akuntansi
Abdul Latif
Institut Pertanian Bogor
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Mapping of Productive Waqf Business Model Based on Business Model Canvas at RYDHA Foundation Abdul Latif; Arif Imam Suroso; Imam Teguh Saptono
Akuntansi Vol. 5 No. 2 (2026): Juni: Jurnal Riset Ilmu Akuntansi
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/akuntansi.v5i2.3271

Abstract

Productive waqf can support social, educational, economic, health, humanitarian, and da'wah initiatives. The institutional management of productive waqf necessitates a thorough understanding of the business model to effectively target, sustain, and optimise social benefits. The Business Model Canvas is employed to delineate the profitable waqf business model of the RYDHA Foundation. This qualitative case study employs a specific methodology. Institutional records and comprehensive foundation management interviews yielded data. The analysis utilised nine areas of the Business Model Canvas: Customer Segments, Value Propositions, Channels, Customer Relationships, Revenue Streams, Key Resources, Key Activities, Key Partnerships, and Cost Structure. The RYDHA Foundation's business strategy, as per the study, is predicated on waqif and donor connections, socio-religious principles, communication and collection methods, income sources, primary resources, core activities, collaborations, and cost structures. The RYDHA Foundation operates as a socio-religious, belief-driven organization that generates social value through sustained engagement with waqif, donors, partners, and the community. Waqf institutions create, provide, and sustain social value through effective waqf management utilising the Business Model Canvas.
Co-Authors Arif Imam Suroso Imam Teguh Saptono