ARTICLE - The Economic Significance of Waqf: A Macro Perspective

The economic significance of waqf : a macro perspective

Mochammad Arif Budiman

State Polytechnic of Banjarmasin, Indonesia; International Islamic University of Malaysia (IIUM) - Faculty of Economic and Management Sciences

Dimas Bagus Wiranata Kusuma

affiliation not provided

8th International Conference on Tawhidi Methodology Applied to Microenterprise Development, January 2011

Abstract:     

There has been an accusation among few scholars blaming that the institution of waqf could not any longer perform its economic role in the modern times. To them, instead of being a vital institution as it was at pre-modern era, waqf nowadays seems to be an impediment to the development in most of Islamic countries. This paper however is meant to clarify such an accusation and attempts to point out the economic significance of waqf in the context of modern economy. (download)

ARTICLE - The Role of Waqf for Environmental Protection in Indonesia

The Role of Waqf for Environmental Protection in Indonesia

Mochammad Arif Budiman

State Polytechnic of Banjarmasin, Indonesia; International Islamic University of Malaysia (IIUM) - Faculty of Economic and Management Sciences

Aceh Development International Conference (ADIC), Kuala Lumpur, March 26-28, 2011

Abstract:     

Indonesia is now suffering from critical environmental problems. These heavy problems obviously need to be surmounted and appropriate solutions should be taken in order to reduce further potential calamities. Waqf as a charitable institution in Islam is expected to play its significant role to carry out environmental protection and therefore to ensure a more sustainable development in the country. This paper tries to elaborate potential of waqf institution for environmental protection and to reveal advantages and benefits of making waqf a means for environmental protection.(download)