Journal of Accounting Research, Utility Finance and Digital Assets (JARUDA)
Vol. 2 No. 3 (2024): January

DEVELOPMENT OF WAQF MANAGEMENT IN SAUDI ARABIA

Anisa Mawaddah (Universitas Islam Negeri Sumatera Utara)
Siti Nurul Atiqah (Universitas Islam Negeri Sumatera Utara)
Maryam Batubara (Universitas Islam Negeri Sumatera Utara)



Article Info

Publish Date
27 Jan 2024

Abstract

Waqf management in Muslim countries in the modern era is very diverse, both in terms of history, regulations, implementation and development. In this article, the author will explain how waqf is managed in Saudi Arabia, which will then be compared with Indonesia which is managed by the Indonesian Waqf Board. In practice, Indonesia is far behind several Muslim countries in managing waqf. This is due to the lack of political will from the government in managing waqf. In terms of regulations, waqf management only had its legal umbrella in 2004, even though the practice of waqf management has been going on for quite a long time.

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Journal Info

Abbrev

go

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Accounting Research, Utility Finance and Digital Assets (JARUDA) | ISSN (e): 2962-973X provides a forum for academics and professionals to share the latest developments and advances in knowledge and practice of business management, both theory and methods. It aims to foster the exchange ...