Talaa : Journal of Islamic Finance
Vol. 6 No. 1: June 2026

Measuring Waqf Performance: A Comprehensive Analysis of the 2024 National Waqf Index

Nurul Huda (Universitas YARSI, Indonesia)
Ariel Nian Gani (Universitas YARSI, Indonesia)
Muhammad Rofi'i (Universitas YARSI, Indonesia)
Nova Rini (Sekolah Tinggi Ilmu Ekonomi Muhammadiyah Jakarta, Indonesia)
Ridzwan Bakar (Yayasan Wakaf Malaysia, Malaysia)
Sulistyowati Sulistyowati (Badan Wakaf Indonesia, Indonesia)
Emmy Hamidiyah (Badan Wakaf Indonesia, Indonesia)
Shalahuddin Ahmad (Badan Wakaf Indonesia, Indonesia)
Tatang Astaruddin (Badan Wakaf Indonesia, Indonesia)
Arief Rohman Yulianto (Badan Wakaf Indonesia, Indonesia)
Nurkaib Nurkaib (Badan Wakaf Indonesia, Indonesia)
Nani Almuin (Badan Wakaf Indonesia, Indonesia)



Article Info

Publish Date
30 Jun 2026

Abstract

Waqf plays a strategic role in building social welfare and supporting national development, but its management in Indonesia still faces challenges of disparity between regions. The National Waqf Index (IWN) serves as a quantitative instrument to systematically and objectively measure the performance of the waqf ecosystem in 34 Indonesian provinces. This study examines the 2024 IWN based on six main pillars: regulations, institutions, processes, systems, outcomes, and impacts, using the Multi-stage Weighted Index method and primary and secondary data from various official sources. The results indicate that the greatest strength of national waqf lies in the regulatory and institutional aspects, with provinces such as Riau, Aceh, and West Kalimantan standing out. However, the process and outcome aspects show the lowest scores nationally, indicating a gap between structural readiness and implementation effectiveness. These findings emphasize the need for human resource capacity building, digital transformation, cross-sectoral approaches, and affirmative interventions in disadvantaged regions to ensure the significant contribution of waqf to sustainable development goals.

Copyrights © 2026






Journal Info

Abbrev

talaa

Publisher

Subject

Economics, Econometrics & Finance

Description

Talaa : Journal of Islamic Finance is presented as an effort to globalization of Islamic finance. The goal is to become a reputable and internationally recognized scientific journal. Talaa journal focuses on Islamic Finance studies and present developments through the publication of articles. ...