Universitas Islam Negeri Alauddin Makassar Proceedings, The 1st International Conference on Science and Islamic Studies (ICOSIS-2023)

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The paradigm shift of cash waqf: study of the parking lot of the Pontianak Mujahidin Grand Mosque
Waskur Waskur

Last modified: 2023-10-10

Abstract


The Pontianak Mujahidin Grand Mosque Foundation has implemented or collected cash waqf in the form of money intended for parking lots, where the implementation of cash waqf at the Pontianak Mujahidin Grand Mosque Foundation is based on the Articles of Association and Bylaws or AD ART of the Pontianak Mujahidin Mosque Foundation. The money waqf has been determined by the foundation in the amount of 250,000 rupiah/M. The parking lot that is the object of the cash waqf covers an area of 8000 M. In Indonesia, the form of money waqf is not widely known. Waqf money only obtained a halal fatwa by the Indonesian Ulema Council (MUI) 2002. Following that, Law Number 41 of 2004 concerning waqf and Government Regulation of the Republic of Indonesia Number 42 of 2006 concerning the Implementation of Law Number 41 of 2004 concerning waqf in which it regulates waqf of movable objects was passed. In the waqf law, waqif can entrust movable objects in the form of money through Islamic financial institutions appointed by the Minister.  Several Islamic financial institutions that have currently been appointed as Islamic financial institutions receiving money waqf are Bank Syariah Mandiri, BNI Syariah, Bank Muamalat, Bank DKI Syariah, Bank Mega Syariah, BTN Syariah, Bukopin Syariah, BPD Yogyakarta Syariah, BPD Central Java, BPD West Kalimantan, BPD Riau, BPD East Java, and BPD North Sumatra. Cash waqf (cash waqh) is a waqf carried out by a person, group of people, and institutions or legal entities in the form of cash.

Keywords


Cash waqf; Islamic economic

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