Individual and Household Economic Recovery After the Covid-19 Through Temporary Waqf Program
Rosidin, Masyithah Mardhatillah, Fenty Andriani, Aprilya Fitriani, Mohammad Rohmanan
Available Online 14 April 2021.
- https://doi.org/10.2991/assehr.k.210413.064How to use a DOI?
- the Covid-19, household economics, Social Safety Net (Jaring Pengaman Sosial), temporary endowment (waqf al-mu’aqqat)
- It is historically proven that waqf plays a good role as the public financial source. The relevant shape of waqf for nowadays context is a temporaryone (waqf mu’aqqat). This study aims to offer a temporary waqf program as an alternative solution in both individual and household economic recovery after the Covid-19 pandemic through Jaring Pengaman Sosial. This research uses a qualitative approach and a library study presented descriptive-analytically. It reveals some points: First, fundraising strategy on temporary waqf effectively covers: a) Optimization of waqf fund of LKS-PWU; b) Allocation of government fund; c) Reallocation of BAZNAS and LAZ fund; d) Reallocation of CSR fund; e) Initiation of fundraising through influencers, related institution, and community. Second, collaborative managemenet of temporary waqf fund strategy involves five parties covering government (executive, legislative, and judiciary); public figures (Islamic scholars, influencers, and media owners); company (banking, industry, small industries); institution (LKS-PWU, BAZNAZ, LAZ); and people (waqf giver, receiver and auditor). Third, comprehensive temporary waqf program implementation strategy is done in five phases: coordination, socialization, education, actualization, and evaluation. As the central part, the actualization phases include five types of productive business activities i.e muzara’ah-mukhabarah, musharakah, mudarabah, kafalah-daman and lawful banking system.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Rosidin AU - Masyithah Mardhatillah AU - Fenty Andriani AU - Aprilya Fitriani AU - Mohammad Rohmanan PY - 2021 DA - 2021/04/14 TI - Individual and Household Economic Recovery After the Covid-19 Through Temporary Waqf Program BT - Proceedings of the 2nd Annual Conference on Social Science and Humanities (ANCOSH 2020) PB - Atlantis Press SP - 278 EP - 284 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210413.064 DO - https://doi.org/10.2991/assehr.k.210413.064 ID - Rosidin2021 ER -