ZAWA:Management of Zakat and Waqf Journal
Vol. 6 No. 1 (2026): June

Cash Waqf in Islamic Economy: Conceptual Analysis, Regulation and Empowerment Potential

Azhar Jaafar (UCYP University, Malaysia)
Burhanuddin Burhanuddin (Al-Azhar University, Egypt)
Fauzi Akmal (UCYP University, Malaysia)



Article Info

Publish Date
30 Jun 2026

Abstract

Waqf holds significant potential as an instrument for social and economic empowerment within the Islamic economic system. One of its evolving forms is cash waqf, which offers substantial opportunities when managed with integrity and professionalism. This study aims to examine the concept of cash waqf, including its definition, pillars, conditions, legal foundations, and utilization in religious and social contexts. The research employs a qualitative method with a literature study approach, drawing upon primary sources such as the Quran, Hadith, scholarly opinions, and state regulations governing waqf. Findings indicate that cash waqf can be productively utilized in education, religious infrastructure development, and healthcare services. Management is carried out by nazhir through transparent and accountable systems supported by Islamic financial institutions. The implications highlight the importance of optimizing cash waqf management as a means of socio-religious empowerment and strengthening the economic welfare of the Muslim community.

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Journal Info

Abbrev

zawa

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

awa with ISSN 2798-5784 (Online) is a journal published by Universitas Islam Negeri Mahmud Yunus Batusangkar managed by Faculty of Islamic Economics and Business IAIN Batusangkar. This is a pree-reviewed professional journal with an editorial board of scholars in the field of Economic education. ...