The development of digital technology has brought about significant changes in the waqf management system in Indonesia, particularly through the innovation of online digital waqf and blockchain-based waqf. This study aims to examine the comparative level of effectiveness and transparency of the two models from the perspective of maqāṣid al-syarī‘ah, particularly in the aspects of asset protection (hifẓ al-māl) and the achievement of benefits (tahqīq al-maṣlahah). The study used a qualitative method with a library research approach and a comparative analysis of scientific literature, regulations, and contemporary waqf jurisprudence concepts. The results show that blockchain-based digital waqf has advantages in terms of transparency, security, and data accountability, while online platform-based digital waqf is superior in terms of accessibility and public participation. However, the digital infrastructure for sharia-compliant waqf management, public literacy, and limitations of the continue to pose challenges for both models. From the perspective of maqāṣid al-syarī‘ah, both systems support the realization of hifẓ al-māl (protection of wealth), jalb al-maslahah (benefit), and dar’u al-mafāsid (prevention of damage) through safer, clearer, and more effective waqf management. This study emphasizes the importance of improving regulations, sharia governance, and integrating digital technology to build a contemporary waqf system that is accountable and focused on the welfare of the community.
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