JIECIs: Journal of Islamic Economics and Contemporary Issues
Vol 1 No 1 (2026): FEBRUARY 2026

The Role of Productive Waqf and  Management Strategies Towards the Welfare of the Indonesian Community

Umu Syaidah (University of Jember, Indonesia)
Bambang Suyadi (University of Jember, Indonesia.)



Article Info

Publish Date
28 Feb 2026

Abstract

Waqf is a portable or income-generating asset given for public (Islamic) benefit as a gift. The law of waqf in Islam is considered sunnah muakkadah, which is a highly recommended sunnah due to its extraordinary virtue and widespread benefits for the community. This research was completed using a qualitative descriptive research method with a literature study. Literature study is an activity of taking and collecting data from books, previous research journals, and trusted websites, then reading, recording, and reprocessing them. The results of this study show that the management of productive waqf can be seen in the waqf land in West Java which is rented out for agricultural land, where the results finance education and health programs, create jobs, and improve food security. Strategies that can be used are (1) long-term productive allocation in properties (MRT, commuter trains), agriculture, trade, and industry (2) investment in youth education for global human resources (3) digital literacy of waqf for millennials and Gen-Z as well as (4) consumptive assistance for the poor and persons with disabilities. The implementation of this strategy not only increases the number of waqif and waqf funds, but also accelerates the growth of the productive economy.

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Journal Info

Abbrev

jiecis

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Social Sciences

Description

Focus And Scope JIECIs welcomes original research papers, conceptual articles, literature reviews, and policy analyses that address theoretical and practical dimensions of Islamic economics in today’s rapidly evolving world. Core Areas of Interest Include: 1. Islamic Economics and Development ...