IQTISHADUNA: Jurnal Ilmiah Ekonomi Kita
Vol 14 No 2 (2025): IQTISHADUNA: Jurnal Ilmiah Ekonomi Kita - December

Integrating Productive Waqf and Green Economy: Implementation in Empowering the Economy of Coastal Communities in The Malacca Strait

Nurmatias, Faizal (Unknown)
Akbar, Muhammad Rizal (Unknown)
Firdaus , Muhamad Farid (Unknown)
Adawiyah , Robiyatul (Unknown)
Syahfawi, Syahfawi (Unknown)
Walian, Armansyah (Unknown)



Article Info

Publish Date
01 Jan 2026

Abstract

Purpose -This study aims to explore the integration of productive waqf and green economy as a strategic model for empowering coastal communities in the Straits of Malacca. The focus lies on how waqf, as an Islamic social finance instrument, can support sustainable development by aligning with the principles of resource efficiency, low carbon practices, and social inclusiveness. Method - The research employs a library research design with a qualitative descriptive-analytical approach. Data were collected from books, peer-reviewed journals, official reports from institutions such as BWI, UNEP, and UNDP, as well as fatwas from DSN-MUI and relevant academic studies. The analysis technique used content analysis, thematic comparison, and normative interpretation to examine the synergy between productive waqf and green economy in coastal community development. Findings - The study reveals that productive waqf has strong potential to be integrated into green economy initiatives, such as financing renewable energy projects in coastal areas, supporting sustainable aquaculture, establishing halal-based eco-tourism, and developing waste management for marine products. This integration not only contributes to economic resilience but also preserves marine ecosystems and aligns with maqāṣid al-sharī‘ah in safeguarding life, wealth, and the environment. Furthermore, the Straits of Malacca context highlights the strategic urgency of such a model due to its economic potential and ecological vulnerability. Implications - Theoretically, this research expands the discourse on waqf by situating it within the framework of sustainable development and global SDGs. Practically, it offers recommendations for local governments, the Indonesian Waqf Board (BWI), and nazir to adopt green economy-oriented approaches in managing waqf assets. The study also suggests further empirical research on the implementation of productive waqf projects in Indonesian coastal regions to validate and enrich the conceptual framework proposed

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Journal Info

Abbrev

iqtishaduna

Publisher

Subject

Economics, Econometrics & Finance

Description

IQTISHADUNA: Jurnal Ilmiah Ekonomi Kita was published in print and online by LPPM ISNJ Bengkalis. IQTISHADUNA is expected to be able to add economic insights, especially Islamic economics for academics, practitioners, researchers, policymakers (regulators), and other parties who are interested in ...