Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship

Optimization of Cash Waqf in Developing Creative Industry : An Effort to Create Sharia-creativepreneurs

Authors
Neni Sri Wulandari, Rida Rosida, Aneu Cakhyaneu, Nunung Alindawati
Corresponding Author
Neni Sri Wulandari
Available Online August 2016.
DOI
10.2991/gcbme-16.2016.175How to use a DOI?
Keywords
Waqf, Indonesia Creative Industry, Sharia-creativepreneur, Cash Waqf, BMT.
Abstract

Cash waqf potential in Indonesia is very large if it is well managed. This study discusses the potential management of Cash Waqf (Waqf Al-Nuqud) in Indonesia in order to empower the community and its economic development for the welfare of Muslims in the country. Especially if the funds are handed over to professional managers and invested into the real sector which could be used for economic activities which suit with the framework of the interests of the ummah. In Addition, it also offers an opportunity to help the creative industry business group in increasing revenue of the results obtained. The creative industries need to be developed due to its significant economic contribution to the Indonesian economy in creating a positive business climate, strengthening the image and identity of the Indonesian nation. This research is using explanatory reseacrh methodology. The study aimed to describe the phenomena that exist, whether a natural phenomenon or man-made phenomenon. The data of this research are collected from Indonesian Waqf Board (BWI) and also from the interview with the respondents such as Waqif (who contribute for waqf), beneficiaries of waqf and other waqf management institutions in Indonesia. The industry also becomes the center of innovation creation and the creativity shaper. Indonesia's creative industry development quantitatively had a positive impact on national economic development. However, management and intensive attention are urgently needed in realizing its promising potentials. Therefore, it is necessary for the professional management such as BMT - as an institution - in mobilizing and channeling cash waqf fund as a financing instrument for the creative industries.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship
Series
Advances in Economics, Business and Management Research
Publication Date
August 2016
ISBN
10.2991/gcbme-16.2016.175
ISSN
2352-5428
DOI
10.2991/gcbme-16.2016.175How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Neni Sri Wulandari
AU  - Rida Rosida
AU  - Aneu Cakhyaneu
AU  - Nunung Alindawati
PY  - 2016/08
DA  - 2016/08
TI  - Optimization of Cash Waqf in Developing Creative Industry : An Effort to Create Sharia-creativepreneurs
BT  - Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship
PB  - Atlantis Press
SP  - 933
EP  - 939
SN  - 2352-5428
UR  - https://doi.org/10.2991/gcbme-16.2016.175
DO  - 10.2991/gcbme-16.2016.175
ID  - SriWulandari2016/08
ER  -