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The Impact of Waqf from a Macroeconomic Perspective as An Instrument of State Revenue Nasriandani, Elvi
Transforma Jurnal Manajemen Vol. 1 No. 2 (2023): Transforma: Jurnal Manajemen
Publisher : Pascasarjana Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56457/tjm.v1i2.64

Abstract

The purpose of this study is to explore the impact of waqf from a macroeconomic perspective as a tool for state revenue. The research delves into the role of waqf in the economy from a macroeconomic standpoint, considering its historical significance during the heyday of Islam, its management in various Muslim countries, and its development within Indonesia. Employing a qualitative descriptive methodology, the study gathers data through literature review, incorporating sources such as the Central Bureau of Statistics, books, national and international journals, Al-Qur'an, and Hadith. The research is essentially a descriptive analysis, which involves periodic collection and analysis of data and literature. The focus is on cash waqf, which manifests as sukuk, mutual funds, and similar forms. The findings indicate that waqf can play a pivotal role in a country's development by fostering new public institutions that bolster the State Budget (APBN). Waqf funds can address key developmental challenges such as poverty, unemployment, and healthcare issues. The impact of waqf is evident across Muslim nations, with its management traced through history, legal frameworks, and asset administration. An example is the management of Al-Azhar University. In Indonesia, waqf's impact is multi-faceted. It generates employment opportunities through endeavors like rice seed breeding, cattle breeding support, and support for micro, small, and medium enterprises (MSMEs). Additionally, it enhances education by offering scholarships at all levels, supporting educators, and implementing educational initiatives. The health sector benefits from medical equipment aid, ambulance services, and financial assistance for underprivileged patients. Furthermore, waqf contributes to the construction of mosques and other community-focused projects. This study underscores the potential of waqf to shape and drive societal development through its multifaceted impacts on various sectors in both Muslim countries and Indonesia.
the Review literature: The effect of prices and income on consumer choice and consumption in Islam: substitusi effect and income consumption in Islam AMIN, AL -; Astuti, Tifany Y; Anggreni, Melisa; Khairani, Zelfia; Nasriandani, Elvi; Alfiona, Fifa; Putri, Anne; Asyari, Asyari
Adpebi Science Series 2022: 2nd AICMEST 2022
Publisher : ADPEBI

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The change in the quantity demanded caused by a change in price occurs through two effects that are complementary to each other, which are called the substitution effect and the income effect , these effects also affect theory. behavior consumer in islam and based on law Islam on basically different with theory conventional. Difference this concerns score core in lower theory, motive and destination consumption, technique choice and allocation budget consumption. The method used in this study is literature review, with various sources of journal literature in the last five years. Based on the results of the reviewed articles that can explain how changes in relative prices affect consumer choices. And when choosing a product, consumers will consider its price as well as the price of alternative products from the cross-price elasticity of demand. And in Islam, the level of consumption of these goods is usually termed goods that are daruriyat, tahsiniyat, and hajiyat.