The Effectiveness Productive Waqf as a Social Welfare Development Through Community Empowering: A Case in Islamic Hospital Foundation Malang

Waqf in Indonesia has become an important part of promoting economic stability in the community. From an Islamic perspective system, waqf aims at promoting equitable and distribution of wealth. Thus, this study aims to see the effectiveness of the acceptance of productive waqf in community empowerme...

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Bibliographic Details
Published inReview of Integrative Business and Economics Research Vol. 9; pp. 67 - 74
Main Authors Seprillina, Linda, Qurrata, Vika Annisa, Narmaditya, Bagus Shandy, Hussain, Nor Ermawati Binti
Format Journal Article
LanguageEnglish
Published Hong Kong Society of Interdisciplinary Business Research 01.01.2020
Subjects
Consumption
Economic stabilization
Empowerment
Health services
Hospitals
Islamic financing
Macroeconomics
Objectives
Singapore
Malaysia
Indonesia
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Summary:Waqf in Indonesia has become an important part of promoting economic stability in the community. From an Islamic perspective system, waqf aims at promoting equitable and distribution of wealth. Thus, this study aims to see the effectiveness of the acceptance of productive waqf in community empowerment by case studies at the Islamic Hospital Foundation Malang, which is the biggest foundation which is established by cash waqf in Malang City. Using the quantitative description method and the Logit test with a total sample of 100 respondents represented, the findings showed that waqf has a positive and significant impact on the level of income and consumption levels of the mauquf alaih (person who became a waqf recipient). The impact of waqf on asset ownership and education is insignificant. The influence of receiving productive waqf is more widely used by mauquf alaih for the level of consumption of daily basic needs, not for increasing assets nor increasing the level of education. Moreover, due to the existence of Indonesian's government program for free schools up to nine (9) years, waqf did not effectively impact on mauquf alaih1 s family levels of education.
ISSN:2414-6722
2304-1013