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All Journal Edukasi Islami: Jurnal Pendidikan Islam Journal of Islamic Monetary Economics and Finance Journal of Islamic Economics and Finance Studies Millah: Journal of Religious Studies
Saim Kayadibi, Saim
Intenational Islamic University of Malaysia
Religion Economics, Econometrics & Finance Education Social Sciences

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WAQF FUNDRAISING MANAGEMENT: A PROPOSAL FOR A SUSTAINABLE FINANCE OF THE WAQF INSTITUTIONS Shulthoni, Muhammad; Saad, Norma Md; Kayadibi, Saim; Ariffin, Muhammad Irwan
Journal of Islamic Monetary Economics and Finance Vol 3 (2018): SPECIAL ISSUE
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (659.476 KB) | DOI: 10.21098/jimf.v3i0.776

Abstract

This paper studies the theoretical structure of financing for Islamic philanthropy in the form of waqf or endowment by looking at the past and present forms of waqf. Waqf is expected to play a more important role to tackle current social and educational issues, where financial sustainability has become one of the greatest challenges faced by waqf institutions. Using the content and thematic analysis approaches, this paper reviews the practice of successful waqf institutions and summarizes the features that are significant to a successful waqf fundraising and management. The paper analyses three models that are suitable for innovation and management of waqf fundraising: Venture Philanthropy of Waqf Model (VPWM), Value-Based Capital Model of Waqf (VBCM), and Social Enterprise Waqf Fund Model (SEWF). The paper then investigates the possibility of applying the Management by Objectives (MBO) framework to improve the overall management of waqf institutions. The discussions are hoped to be able to contribute towards developing a better fundraising and management of waqf institutions.
WAQF FUNDRAISING MANAGEMENT: A PROPOSAL FOR A SUSTAINABLE FINANCE OF THE WAQF INSTITUTIONS Shulthoni, Muhammad; Saad, Norma Md; Kayadibi, Saim; Ariffin, Muhammad Irwan
Journal of Islamic Monetary Economics and Finance Vol. 3 (2018): SPECIAL ISSUE
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v3i0.776

Abstract

This paper studies the theoretical structure of financing for Islamic philanthropy in the form of waqf or endowment by looking at the past and present forms of waqf. Waqf is expected to play a more important role to tackle current social and educational issues, where financial sustainability has become one of the greatest challenges faced by waqf institutions. Using the content and thematic analysis approaches, this paper reviews the practice of successful waqf institutions and summarizes the features that are significant to a successful waqf fundraising and management. The paper analyses three models that are suitable for innovation and management of waqf fundraising: Venture Philanthropy of Waqf Model (VPWM), Value-Based Capital Model of Waqf (VBCM), and Social Enterprise Waqf Fund Model (SEWF). The paper then investigates the possibility of applying the Management by Objectives (MBO) framework to improve the overall management of waqf institutions. The discussions are hoped to be able to contribute towards developing a better fundraising and management of waqf institutions.
RELIGIOUS CHARACTER DEVELOPMENT: Madrasah Heads' Strategies in Educating Students in Bandung Arifin, Nur; Kayadibi, Saim; Tabroni, Imam
Edukasi Islami: Jurnal Pendidikan Islam Vol. 14 No. 02 (2025): Edukasi Islami: Jurnal Pendidikan Islam
Publisher : Sekolah Tinggi Agama Islam Al Hidayah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30868/ei.v14i02.8270

Abstract

Background: The degradation of character among students has become a critical issue in many educational settings, especially within Islamic schools, where moral and spiritual development is paramount. Character education, particularly in religious contexts, plays a crucial role in shaping students into responsible and ethical individuals. Purpose: This study examines the strategies employed by Madrasah heads in Bandung to develop the religious character of their students, addressing the challenges posed by the ongoing degradation of character among youth. The cultivation of religious character is central to creating morally responsible and spiritually grounded individuals. This research aims to explore the policy formulation, implementation strategies, and evaluation processes employed by Madrasah leaders to foster religious character development. Method: Using a qualitative case study approach, data were collected through in-depth interviews, participant observation, and documentation. The data analysis followed an interactive model consisting of data collection, reduction, presentation, and conclusion. Result: The findings reveal that religious character formation is supported by habituation programs, such as Madrasah literacy, extracurricular activities, Qur’an recitation, prayer routines, and the 5S method (Smile, Greetings, Politeness, Cleanliness, and Orderliness). These activities, alongside regular evaluations, contribute to creating a disciplined and respectful environment. Conclusion: The research highlights the importance of leadership commitment and collaborative efforts in effectively implementing character education, suggesting that a strategic approach to character development can lead to positive changes in student behavior and spiritual growth.
Use of Istijrar Contract as Financing Model for Islamic Banks in Türkiye Gürler, Safiye Sena Baytan; Kayadibi, Saim
Journal of Islamic Economics and Finance Studies Vol 6 No 1 (2025): JIEFeS, June 2025
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v6i1.10646

Abstract

This research examines the istijrar contract as a potential solution to the operational and Shariah compliance challenges commonly encountered in murabahah-based financing, particularly in scenarios involving continuous and repeated purchases. Such flexible purchasing arrangements often generate complexities and elevate compliance risks. To address these issues, the study adopts a structured literature review methodology, implemented in three stages. First, it reviews scholarly debates concerning the Shariah compliance of the istijrar contract. Second, it assesses existing global practices. Third, it analyzes Turkish practices and legal regulations, critically examining the discussions and models at each stage to identify the most suitable adaptation for implementation in Türkiye. Key findings highlight the absence of standardized frameworks in both global and Turkish contexts, along with the limited practical application of istijrar in Türkiye’s Islamic banking sector. In response, this research synthesizes these insights to develop a structured and independent istijrar model specifically tailored to the Turkish Islamic banking environment. It is anticipated that this model will enable Islamic banks to more effectively finance customers engaged in production and trade activities, thereby supporting the growth of the real economy.
Applying Al-Ta’lil bi Al-Hikmah to Social Media Use: A Complementary to the Maqasid Shariah Approach in Islamic Digital Ethics Lokman, Md Azzaat Ahsanie; Mohd Noor, Muaz; Mohamad Nadzli, Nurin Sofiya; Suyurno, S Salahudin; Harun, Muhammad Safwan; Kayadibi, Saim
Millah: Journal of Religious Studies Vol. 25, No. 1, February 2026
Publisher : Program Studi Ilmu Agama Islam Program Magister, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/millah.vol25.iss1.art8

Abstract

The rapid expansion of social media has generated significant ethical challenges, including misinformation, harmful online discourse, privacy erosion, and excessive digital consumption. Although Islamic ethics has increasingly engaged these issues, primarily through Maqasid Shariah-based frameworks, existing approaches often remain too general to guide the everyday moral decisions faced by individual users in digitally mediated environments. Addressing this gap, this study examines the application of al-Ta’lil bi al-Hikmah, a jurisprudential method that derives ethical judgment from the underlying wisdom (hikmah) of Islamic norms, to contemporary social media use. Employing a qualitative jurisprudential analysis grounded in usul fiqh, the study conducts an interpretive textual analysis of Quranic injunctions, Prophetic traditions, and classical juristic discussions to identify core ethical wisdom related to communication, privacy, moderation, and accountability. These insights are then thematically applied to key domains of social media practice, including content sharing, online criticism, time management, and the ethical implications of algorithmic influence at the level of user behaviour. The analysis demonstrates that a hikmah-centred approach enables more nuanced moral discernment than rule-based or exclusively Maqasid-oriented models by translating higher ethical objectives into actionable guidance for individual digital conduct. Conceptually and methodologically, this study advances Islamic digital ethics by operationalising al-Ta’lil bi al-Hikmah as a complementary framework that refines Maqasid reasoning at the micro-ethical level. In doing so, it offers a principled yet flexible model for ethical social media engagement that aligns individual integrity with broader Islamic moral objectives.
Co-Authors Ariffin, Muhammad Irwan Gürler, Safiye Sena Baytan Harun, Muhammad Safwan Lokman, Md Azzaat Ahsanie Mohamad Nadzli, Nurin Sofiya Mohd Noor, Muaz Muhammad Shulthoni Nashr Akbar, Nashr Nur Arifin Saad, Norma Md Suyurno, S Salahudin