Mauquf’alaih as a waqf accountability center (prophetic social approach)

Siti Nurngaini (Program Studi Doktor Perekenomian Islam dan Industri Halal Sekolah Pascasarjana Universitas Gadjah Mada, Yogyakarta dan Universitas Islam Negeri Walisongo Semarang)
Mahfud Sholihin (Sekolah Pascasarjana dan Fakultas Ekonomika dan Bisnis Universitas Gadjah Mada, Yogyakarta)

Journal of Islamic Accounting and Finance Research
Vol. 5 No. 2 (2023)

Purpose - This study aims to explore Kuntowijoyo's prophetic social thinking to make mauquf ‘alaih the main focus of waqf accountability.Method - This research is a conceptual paper that attempts to construct the concept of waqf accountability in a prophetic social approach.Result - The author's opinion emphasizes the rights of the mauquf ‘alaih by highlighting how the accountability role of waqf needs to shift emphasis from serving stakeholders hierarchically to being re-engineered towards beneficiaries (mauquf ‘alaih). This requires a reconceptualization of the meaning of waqf, which must be seen as part of a wider effort to achieve social justice and the welfare of the ummah. In this case, the prophetic social value is considered as the conceptual framework.Implication - Theoretically and contextually prophetic social principles are able to give birth to a reorientation of waqf accountability towards deeper humanist and emancipatory realizations, as well as more holistic and religious accountability practices.Originality - This research is the first study that used prophetic sosial approach in waqf accountability.