The BWI Working Paper Series (BWPS) encourages the exchange of thoughts and ideas on contemporary waqf development and disseminates the paper as part of endeavor to increase waqf literacy. The authors of the BWPS may come from BWI Board of Commissioner and staffs and from researchers outside BWI. The BWPS does not necessarily reflect official policy of BWI.
Cash Waqf Linked Blue Sukuk (CWLBS) For Sustainable Marine Ecosystem: a Conceptual Model – BWPS No. 3 2022
As a maritime country, Indonesia has huge potential in sea resources which economically has very high value. With the ratification of Sustainable Development Goals (SDGs) 2030, where one of the goals is SDG No. 14 related to the marine ecosystem, the utilization of marine resources could be maximized to enhance the economic benefit. [...]
Efficiency of Private Waqf Institutions in Indonesia: Data Envelopment Analysis – BWPS No. 2 2022
This study aims to calculate the value of efficiency so that waqf institutions can predict and consider various policies in preparing financial statements for the following year. The method used in this research is non-parametric qualitative with Data Envelopment Analysis (DEA). [...]
Determinant of Cash Waqf Donation in DKI Jakarta – BWPS No. 01 2022
Cash waqf can be seen as the right solution in helping to restore the current economy. DKI Jakarta is one of the areas with the huge potential to develop cash waqf in Indonesia. Meanwhile, the amount of the collection is still far from the potential cash waqf that should be collected. [...]
Risk Management in Cash Waqf Linked Sukuk Based on the Waqf Core Principle: A Preliminary Study – BWPS No. 07 2021
This study aims to examine risk management in Cash Waqf Linked Sukuk (CWLS). CWLS is a new scheme in Indonesia initiated by the Indonesian Waqf Board (BWI) which also acts as Nazir in the CWLS scheme. [...]
Waqf for Food Security: A Critical Assessment from Existing Studies – BWPS No. 6 2021
FAO, IFAD, UNICEF, WFP and WHO (2021) projected that the number of hunger increased in 2020 due to COVID-19 Pandemic and reached up to 811 million people throughout the world. In the same report, it is stated that Asia (418 million) and Africa (282 million). represent two regions with the largest undernourished populations. In addition, one out of three peop [...]
Waqf and Sustainable Humanitarian Financing – BWPS No. 5, 2021
As an endowment instrument in Islam, waqf has been acknowledged as one of the greatest Muslim charitable traditions to provide finance for sustainable humanitarian initiatives. However, researchers have historically given little consideration to that potency. This study documents various case studies on how Islamic humanitarian NGOs across the globe optimise [...]
Factors that Influence Muslim Employee Behaviour to Contribute to Money Waqf through Salary Cutting – BWPS No. 4 2021
The idea of waqf plays an essential role throughout Islamic history (Mohsin, 2013). Endowments used in Muslim countries represent enormous financial and moral wealth. If this wealth is invested in the right way, it will contribute significantly to economic development, internationalization of wealth, meeting the needs of the poor and needy, building religiou [...]
Nazir Management Improvement and Regulation Adjutsments to Increase Waqf Land Productivity – BWPS No. 3, 2021
One of the most important issues in the utilization of waqf land in Indonesia lies on its productivity aspect. Most of the waqf land in the country is unproductive. This paper discusses endeavor to increase waqf land productivity. [...]
The Role of Waqf Forests in the Prevention of Natural Disasters in Indonesia – BWPS No. 2, 2021
Indonesia begins 2021 with floods and landslides in a row. The natural disasters remind us of the beginning of the previous year, which also started with a disaster. [...]
National Waqf Index: A Measurement for Waqf Perfomance – BWPS No. 1 2021
The BWI Working Paper Series (BWPS) encourages the exchange of thoughts and ideas on contemporary waqf development and disseminates the paper as part of endeavor to increase waqf literacy. [...]