Cash Waqaf as Guarantee of Social Economic Prosperity

Abstract

In the midst of the social crisis that occurred in Indonesia and the desire to carry out infrastructure development and social economy, the existence of waqf institutions became an essential system for its existence. In addition to being part of Islamic teachings with a spiritual dimension, waqf also emphasizes the importance of economic welfare. With the huge potential of cash waqf, the author wants to examine the role of cash waqf as a guarantee of economic welfare, using a descriptive qualitative approach and library research. The data source consists of primary and secondary data. The findings in this study explain that cash waqf has a crucial role in the improvement and growth as well as social welfare security. This is influenced by the amount of potential that exists and management by competent parties.

Keywords: Cash Waqf, Guarantee, Social Economic Prosperity