Tag results for: Cash Waqf

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.

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 religious and cultural, intellectual and scientific institutions, and building Islamic centers and projects.