Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam
Vol 7, No 2 (2022): December 2022

Impact of Productive Waqf Management in Indonesia and Malaysia: Systematic Literature

Moh Agus Nugroho (IAIN Sultan Amai Gorontalo,)
Wahyudi Rusdi (IAIN Sultan Amai Gorontalo, Indonesia)
Md Mahfujur Rahman (Islamic Business School University Utara Malaysia)



Article Info

Publish Date
28 Dec 2022

Abstract

In the management of productive waqf, Indonesia and Malaysia are countries that are quite serious in dealing with waqf issues. Both countries are also predominantly Muslim, so the impact of productive waqf management is certainly very helpful for the two countries' economies. Using the Systematic Literature Review (SLR) method to describe the impact of productive waqf management in Indonesia and Malaysia. There were 75 journals studied, filtered by timeline, type, language, country, topic and participant. Ten articles that meet the criteria. SLR identified that 90% of the population are Nazhir or waqf managers, which is a very important population for the success of productive waqf management. The agricultural management sector was the most widely used by Nazhir to maximize productive waqf with a percentage of 40%. The health sector, such as hospitals and clinics, became the productive waqf management sector which Nazhir often used to maximize income with a percentage of 30%. Then in the rental housing sector with a percentage of 20% and 10% in the minimarket or retail sector and others. The SLR method has identified a management system with a profit-sharing system, and investment allocation mapping is the method used by Nazhir.

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Journal Info

Abbrev

lifalah

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Social Sciences

Description

Li Falah, Journal of Islamic Economics and Business Studies is a scientific journal concerning on the latest research results and becomes a scientific communication media for lecturers, researchers, and or observers in the Islamic economics and business ...