Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 2, No 4 (2019): Budapest International Research and Critics Institute November

Community Economic Development Prospect Based on Wakaf Funds

Ida Martinelli (Faculty of Social and Political Science Universitas Muhammadiyah Sumatera Utara (UMSU))
Asliani Harahap (Lecturer at Law Faculty of Universitas Muhammadiyah Sumatera Utara (UMSU))
Zainuddin Zainuddin (Lecturer at Law Faculty of Universitas Muhammadiyah Sumatera Utara (UMSU))

Article Info

Publish Date
07 Nov 2019

Abstract

Wakaf is a philanthropic institution that is quite old in Islamic history. The purpose of the existence of wakaf is not only just taqarrub to Allah SWT, but also gives the economic impact of wakaf objects. Wakaf is one of the solutions given by Allah to eliminate the gap between rich and poor people. Indeed wakaf has a very high economic potential in the welfare of the people. Through cash wakaf or wakaf cash investment in wakaf property in the form of plantations and others indicates that Islam does not leave its people in poverty. Based on this, the wakaf should no longer be oriented towards mosques, madrassah, burial ground, but rather towards a more productive direction producing new economic resources intended for the welfare of the people.

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Journal Info
Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Website

Abbrev

birci

Publisher

Budapest International Research and Critics University Journal

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...