JIMEBIS
Vol. 6 No. 1 (2025): JIMEBIS

Potential Of Indonesian Millennial Cash Waqf And Innovation

Hoessien, Jalaluddin (Unknown)
Insani, Muhammad Fitrah (Unknown)
Juzaili, Khair (Unknown)



Article Info

Publish Date
30 Jun 2025

Abstract

Cash waqf is one of the potential financial instruments in supporting social and economic development in Indonesia. The millennial generation, with its strong connection to digital technology, has great potential to increase participation in cash waqf through digital innovation. This study aims to analyze the potential of cash waqf among the millennial generation in Indonesia and identify innovations that can enhance such participation. Through a descriptive approach and qualitative analysis of relevant literature, this study finds that technological innovations, such as digital platforms and mobile applications, can expand the reach and transparency of cash waqf management. The estimated potential of cash waqf from millennial participation ranges from IDR 684 billion to IDR 2.052 trillion per year, depending on the level of participation. The results of this study indicate that with the right approach, cash waqf can become a significant instrument to support sustainable development in Indonesia. Keywords: Cash waqf, millennial generation, innovation and digital technology

Copyrights © 2025






Journal Info

Abbrev

JIMEBIS

Publisher

Subject

Religion Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

JIMEBIS: Jurnal Ilmiah Mahasiswa Ekonomi dan Bisnis Islam is a Scientific Journal of Islamic Economics and Business dedicated for students’ article co-authored with lecturers. The articles published in this journal is based on scientific research done during the study and discuss Islamic economics ...