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All Journal Jurnal Ekonomi dan Bisnis Islam ZISWAF: Jurnal Zakat dan Wakaf
Lisa Listiana
Fakultas Ekonomi dan Ilmu Sosial Universitas Bakrie
Religion Economics, Econometrics & Finance Social Sciences

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WAQF AND LEGACY OF ALTRUISM IN SINGAPORE: CHALLENGES AND DEVELOPMENT Listiana, Lisa; Alhabshi, Syed Musa
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 6 No. 1 (2020): JANUARY-JUNE 2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jebis.v6i1.19736

Abstract

The success story of waqf development in Singapore has been significantly acknowledged. The successful experience warrants for learning models for comparative experiences among other Muslim countries in Asia. This study document and analyze to share two main research objectives related to the Waqf practices. First, it aims to explore and elaborate on the dynamics of waqf administration and property development in Singapore. Second, analyzes the significance of past altruistic waqf landmark activities towards the Muslim community in Singapore. Based on prior studies, this research phenomenon has yet to be addressed and highlighted in any previous study. A qualitative approach with a case study research design is applied in this research. In-depth semi-structured interview sessions with 4 private mutawallis are complemented with reviews of relevant documents. This study finds that external factors, including mandatory acquisition by the government, higher living costs, and several legal restrictions represent the main challenges to the waqf sector in the country. On other hand, effective governing roles played by MUIS as waqf authority in the country enable the initiative of new waqf type and redevelopment of existing waqf properties. In the present time, these endowed properties provide benefits not only for the Muslim community in Singapore but also to significant other beneficiaries outside Singapore. The findings of this study indicate that the legacy of waqf inspires altruism in the modern Singaporean Muslim community. It becomes the basis for contemporary waqf practice among Muslims in Singapore and assists them to be a self-sustaining passionate and harmonic community.Keywords: Altruism, Legacy, Muslim Community, Singapore, Waqf
Preferences of Waqf Projects among Indonesians Mahirani, Aisha Rizqi; Listiana, Lisa
ZISWAF Vol 12, No 1 (2025): ZISWAF: Jurnal Zakat dan Wakaf
Publisher : UIN Sunan Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/ziswaf.v12i1.28548

Abstract

Waqf as an Islamic social finance instrument holds great potential for productive and societal development in Indonesia, given its big size of Muslim population and generous donation behavior. However, the projection of waqf collection which are currently limited to certain form of assets and programs, also creates a gap between the realization and potential of waqf that hinders it full potential. Therefore, this study aims to analyze the programs and characteristics preferred while donating in waqf to fully understand the determinants of waqf interest in each program. This study used a sample of 361 respondents and used multiple regression analysis with stepwise method. The results showed that social waqf is the most popular waqf program compared to social-productive (hybrid) and productive programs. Each program also has its own characteristics which need to be considered to increase the public interest. The results of this study are expected to provide a deeper understanding of the preferences and characteristics of waqf favored by the community, in hope that waqf institutions or nazhir can establish more relevant and effective waqf collection strategies in attracting community participation and achieving broader socio economics objectives.
Co-Authors Alhabshi, Syed Musa Mahirani, Aisha Rizqi