IMPLEMENTASI WAKAF PRODUKTIF UNTUK PERTUMBUHAN EKONOMI

Abstract

There is an opinion among Western scholars that waqf institutions can no longer carry out their economic role in the present. Instead of being a vital institution as it really played out in the pre-modern era, waqf today seems to be an obstacle to development in Muslim countries. Therefore, this paper is intended to refute this opinion and attempt to demonstrate the economic impact of waqf for Muslim communities in the current economic context. In the last part, this paper also brings out some of the prerequisites needed for the revitalization of waqf in the present.