TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Toward better ‘waqf’ management

Vita Arumsari and Yunice Karina Tumewang (The Jakarta Post)
Premium
Jakarta
Thu, January 10, 2019

Share This Article

Change Size

Toward better ‘waqf’ management In Indonesia, waqf revival has been very significant in the past decades after the consolidation of regulation and bureaucratic procedures in the waqf sector in the form of Law No. 41 of 2004 on Waqf and the establishment of the Indonesian Waqf Board (BWI) in 2007. (Shutterstock/File)

I

ndonesia, as the country with the largest Muslim population and the most generous country worldwide (World Giving Index, 2018), is very much expected to play a significant role in harnessing the potential of Islamic endowments to promote prosperity and justice.

In recent months, Indonesia has conducted a series of highly appreciated efforts to improve waqf, or Islamic endowments. 

Indonesia announced the core waqf principles after they had been formulated at the international working group Waqf Core Principles during the International Monetary Fund-World Bank annual meetings in Bali in October.

This set of principles aims to make the management of Islamic endowments more effective in terms of realizing the full potential of resource mobilization to reach various development goals.

to Read Full Story

We accept

TJP - Visa
TJP - Mastercard
TJP - GoPay
{

Your Opinion Counts

Your thoughts matter - share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.