Wakf of Money as a Means of Empowerment The Economy of People and Relief Poverty

Maulana ira

Authors

Maulana ira STAI Aceh Tamiang

Keywords:

Keywords: Cash Waqf, Economic Empowerment, Poverty Alleviation.

Abstract

In the midst of the social and economic problems of the Indonesian people and the demands for economic prosperity, the existence of cash waqf is very strategic. Besides being an aspect of Islamic teachings with a spiritual dimension, cash waqf is also a teaching that emphasizes the importance of economic welfare (social dimension) and the welfare of the people. Cash waqf can be an alternative solution as an instrument to overcome the problem of poverty. Cash waqf has economic potential that is quite potential to empower the economy and alleviate poverty, especially considering that the majority of Indonesia's population is Muslim so the amount of waqf funds that can be collected from certain communities is very large. Distribution of cash waqf in the form of productive financing to the real sector, one of which is by providing micro-financing through a collective investment contract (KIK) mechanism such as sharia mutual funds which collects cash waqf certificates (SWU) to middle and small communities to have business opportunities, by Thus the people's economy can be empowered and little by a little rise from poverty and economic downturn.

Keywords: Cash Waqf, Economic Empowerment, Poverty Alleviation

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