Nurlailiyah Aidatus Sholihah
Sekolah Tinggi Agama Islam Darussalam Kunir

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Analysis of Stock Waqf Regulations as the Foundation for Implementation in Indonesia Fikry Ramadhan Suhendar; Nurlailiyah Aidatus Sholihah; Khadher Ahmad; Muhammad Masruri
Madania: Jurnal Kajian Keislaman Vol 28, No 2 (2024): DECEMBER
Publisher : Universitas Islam Negeri (UIN) Fatmawati Sukarno Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/madania.v28i2.5856

Abstract

This article aims to analyze the regulations governing stock waqf, which forms the basis for implementing stock waqf in Indonesia. Stock waqf involves movable property categorized as securities. The study employs a qualitative approach, drawing data from relevant literature on waqf. Qualitative data collection techniques include literature review related to waqf. Descriptive data analysis is used to describe and analyze the research findings. The research indicates that regulations governing stock waqf implementation are not yet comprehensive. This is due to the absence of detailed rules regarding procedures for stock waqf (Islamic endowment), whether by donating stock lots, dividends, or capital gains. The permissibility of stock waqf dividends is based on the Hanafi opinion, while the permissibility of stocks endowment stock lots is based on the Shāfi'i opinion, So basically the two types of waqf object, namely waqf in the form of dividens and lots of Shariah Shares can be used as waqf objects. Artikel ini bertujuan untuk menganalisis regulasi wakaf saham yang dijadikan landasan pelaksanaan wakaf saham di Indonesia. Wakaf saham merupakan wakaf benda bergerak yang masuk dalam kategori surat berharga. Artikel ini menggunakan pendekatan kualitatif dengan sumber data diambil dari literatur-literatur yang berkaitan dengan wakaf. Jenis data yang digunakan dalam artikel ini adalah data kualitatif dengan teknik pengumpulan data dilakukan dengan cara penelusuran kepustakaan yang berkaitan dengan wakaf. Teknik analisis data deskriptif digunakan dalam penelitian ini guna mendeskripsikan hasil penelitian beserta analisis dalam penelitian ini. Berdasarkan penelitian yang dilakukan menunjukan bahwa aturan mengenai pelaksanaan wakaf saham belum menyeluruh. Hal ini berdasarkan belum adanya aturan yang terperinci mengenai tata cara wakaf saham baik dengan mewakafkan lot saham maupun deviden atau capital gainnya. Kebolehan mewakafkan dividen saham berdasarkan pada pendapat Hanafiyah sedangkan kebolehan mewakafkan lot saham berdasarkan pendapat Syafi’iyah, sehingga pada dasarnya kedua jenis benda wakaf tersebut yaitu wakaf berupa deviden dan lot saham Syariah dapat dijadikan sebagai objek benda wakaf.
Wealth and Inequality: A Qualitative Inquiry into Institutional Dysfunction in Resource-Rich Muslim Nations Teni solihat; Abdul Karim Amrullah; Nurlailiyah Aidatus Sholihah
Ta'amul: Journal of Islamic Economics Vol. 4 No. 1 (2025): May
Publisher : Sekolah Tinggi Agama Islam Darul Ulum Banyuanyar Pamekasan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58223/taamul.v4i1.391

Abstract

Several Muslim-majority countries endowed with abundant natural resources (NR) continue to face persistent development stagnation and severe social inequality, raising critical questions about the paradox of resource wealth. This study aims to qualitatively examine how institutional dysfunction influences wealth distribution and development trajectories in these contexts. Employing a qualitative approach with a case study design, the research focuses on resource-rich Muslim-majority countries, using Indonesia as a primary case due to its substantial natural resources and Muslim population exceeding 80%. Data were collected through policy document analysis and triangulated with media reports to ensure validity. Findings reveal that weak institutional capacity, entrenched corruption, and the dominance of political-economic elites are key drivers of persistent inequality and developmental inertia. These structural deficiencies prevent resource wealth from translating into broad-based prosperity, instead reinforcing elite capture and social disparity. The study contributes to the literature on resource governance by demonstrating that natural resource abundance, without robust institutional frameworks, intensifies the resource curse in Muslim-majority contexts. Practical implications underscore the urgency of institutional reform and the design of governance models tailored to socio-cultural and political realities, aiming to achieve inclusive and sustainable development. This research advances understanding of the intersection between institutional quality, resource wealth, and inequality, offering policy insights for governments and international development agencies operating in similar contexts.