Tag results for: The BWI Working Paper Series

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.

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 waqf funds to support their activities in conducting sustainable humanitarian programmes.