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Only a few institutions are professionals in managing waqf in West Kalimantan Province. Baitulmaal Munzalan Indonesia Foundation (BMI) is present as one solution for people who want to donate their fund’s waqf through money in the industrial revolution 4.0 era. Having only been established for three years, BIM has managed to raise funds cash waqf of Rp. 2.9 billion. This paper aims to explain the strategies and constraints faced by BMI in collecting endowment funds through money in the digital age. By using the type of field research and data collection techniques through observation, interviews, and Focus Grup Discussion (FGD), there are two research results in this paper. First, the strategies used by BMI in developing cash waqf in the digital age are companies through social media (Facebook pages and Instagram) and tablig. Kampanye through social media is the most dominant strategy used by BMI and has enormous potential. Secondly, the obstacle felt by BMI in managing and developing cash waqf is negative perceptions from the community (external obstacle). Based on the results of this study, the authors argue that marketing through social media not only has positive implications for for-profit institutions but also non-profit institutions such as BMI in collecting and managing cash waqf in Indonesia.

Waqf is one of the financial instruments that have an important position in Islamic civilization. Aside from being a source of funding for social, educational, and health activities, waqf can be used as alternatives for strengthening the community's economy. The potential of cash waqf in Indonesia every month is around 5.725 trillion rupiahs, assuming that all 229 million Indonesian Muslims donate 25 thousand rupiahs. To achieve optimal cash waqf management, it is necessary to have management in the cash waqf management agency so that the potential for cash waqf can be used optimally for the benefit of people. The purpose of this study is to determine the implementation of cash waqf management, in particular, the collection and distribution of cash waqf funds in the Assistance Unit for Baitul Maal Hidayatullah (UPP BMH) Madiun. This type of research is exploratory qualitative research. Data collection is done through observation, interviews, and study documentation. As for analysis, this study uses inductive analysis, deductive analysis, and content analysis to describe the research object. The results of the study explain that the implementation of cash waqf management in UPP BMH Madiun is managed by applying four management concepts which include Planning, Organizing, Actuating, and Controlling in collecting funds cash waqf. In the collection of waqf funds, Planning is in the form of periodic planning, namely annual, monthly, weekly, and housing and certain times. As for the aspect, it is Organizing carried out through the division of the Institution structure consisting of the chairman, HR and finance division, and fundraising. While actuating, it is carried out thoroughly in all divisions. The last aspect is Controlling which is directly under the supervision of the head of the institution assisted by the human resources and finance department. As for the distribution using the POAC method and adapted to what is needed by Madiun community, such as land acquisition, educational scholarship for a student of Tahfidz, construction of ablution places in various mosques as well as providing Al-Qur'an manuscripts.

Determinant of Cash Waqf Nahdatul Ulama (Case of Muslim Students in Indonesia). Cash waqf is getting popular in some countries because of its flexibility. Due to that, Bank BTN is supporting the cash waqf through releasing an application called “Mobile Wakaf Uang NU BTN” which is able to be downloaded on App Store. This application is in cooperation with LWP-NU. The purpose of this study is to examine the determinant of cash waqf contribution among Muslim students through Mobile Wakaf Uang NU BTN. Attitude, Islamic religiosity, Islamic egalitarianism and perceived are used as independent variable and its intention of Muslim students in Indonesia to contribute to cash-waqf. The sample of this study are 115 Muslim students who applying Mobile Wakaf Uang NU BTN. This study employs Structural Equation Model (SEM) to verify the determinants of cash waqf contribution and the program used is Smart PLS. This study found that religiosity positively influence on attitude, Islamic egalitarianism, and behavioral intention. While, Islamic egalitarianism as a mediating variable positively influence on intention is rejected, because the p-value is more than 5% (0.05). Attitude as a mediating variable has a positive influence on intention and perceived ease of use is accepted and perceived ease of use toward intention has a positive influence. In addition, the interesting result of the study showed that the Islamic egalitarianism does not significantly affect on behavioral intention of Muslim students.

There is a need for human development especially for the less privileged Muslims in the state due to financial constraints, unemployment, insufficient and inadequate financial support. The study discussed and analyzed the structured interviews conducted on factors influencing UniSZA’s staff cash waqf and its possible impact on the socio-economic development of Terengganu. The total number of 150 respondents participated in the first instrumental validation section where 150 questionnaires were distributed and collected. 150 questionnaires were distributed between February and June 2015 to the UniSZA’s staff such as lecturer, senior, and junior staff in the university. The instrument was divided into four sections. Firstly, the respondent’s profile, (15 items). Secondly, factors influencing UniSZA’s staff cash waqf contribution (15 items). Thirdly, promoting economic and human development (15 items). Fourthly, the importance to the society’s development (15 items). The content validity of the questionnaire would be evaluated by the researchers to improve the questionnaire. The participants were selected from lecturers, administrative staff, and students to discover the breadth and extent of the needs for UniZSA’s staff cash waqf contribution to the state. Waqf provides human relief, dignity, financial support, and social needs to reduce poverty in the society. The research is based on the hypothesis that UniSZA’s staff cash waqf can have a positive social and economic impact in Terengganu. The objective of this study is to examine the viability of a UniSZA staff cash waqf and how cash waqf can be utilized to develop Terengganu economically and socially for the interest of the needy Muslims in Terengganu. The study applies the quantitative and qualitative methods throughout the discussion and analysis. Human development includes the creation of employment, micro-finance, transaction, farming, soft loans, and other lawful lucrative businesses and investments. This survey provides evidence of a need for such a contribution for human and social development. The paper concludes by offering suggestions for the optimal use of this cash waqf fund.

فهدفت هذه الدراسة إلى التعرف على وقف النقود وأهميته وتطبيقاته، وآفاق استثماره، مقارنة مع الوقف الثابت. وتسليط الضوء على إمكانية تفعيل وقف النقود وسبل ووسائل تطويره، وكذلك الطرق التي تضمن استقرا ره واستمراريته. ثم اتباع بعض المنهجيات العلمية التي ترتبط بالموضوع، حيث استخدم المنهج الاستقرائي لاستقراء واقع مشكلة البحث، بهدف جمع البيانات اللازمة، من أجل التعرف على خصائص مشكلة البحث، وتشخيص الجوانب المتعلقة بها، وذلك من خلال استعراض آراء الفقهاء السابقين، والمعاصرين، على اختلاف أقوالهم ومذاهبم. ومن خلال المنهج الاستنباطي تم استنباط واستخلاص النتائج والتوصيات والسياسات المقترحة. و خ تم البحث بمجموعة من النتائج والتوصيات. This study aims to define the Cash Waqf, its importancee and its applications and prospects for investment. It higlights the possibility of activating the Cash Waqf and the means of its development, as well as the ways to ensure its stability and continuity. The study follows a set of scientific methodologies that deal with the subject. Through the inductive method, it extrapolates the reality of the research problem in order to collect the necessary data in order to identify the characteristics of the research problem and to diagnose the different aspects of it, by reviewing the views of the early and contemporary jurists on different opinions and doctrines. Through the deductive approach, conclusions, recommendations and proposed policies have been developed and derived. The study concludes with a set of conclusions and recommendations. Para vakfı, yararlılığı, beklentileri ve halkın hem ulusal hem de resmi düzeyde sunulan fırsatlar açısından İslami ekonominin en önemli konularından biridir. Bu makalede araştırmacı para vakıflaının geliştirme yolları vurguladı. Konuyla ilgilenen bir dizi bilimsel metodolojiyi, indüktif yöntem, dedektif yaklaşım, ve zihinsel çıkarım yöntemiyle takip etmiştir. Araştırmacı, Klasik ve çağdaş fakihlerin bu konudaki farklı görüşlerini gözden geçirdi. Sonuçları ve tavsiyeleri çizmek için çalışma ve teklif edilen politikları içinde bağlantı ile ilgili kutumsel zihinsel akıl yürütme yoluyla araştırma prblemi sonuçlarının ait tanı çalışmalarında gelmiş kullanılmıştır endüktif parça. Araştırmacı, bu araştırmasında hem tarihsel olarak bu konuda yapılan çalışmalar hem de arap ve Islam dünyasında bu konu ile ilgili modern çalışmalara dair bir değerlendirme yapmıştır. Çalışma bir dizi tavsiyeyle sonuçlandı.

Cash waqf still becomes the frame in the ulama’ debate, especially in Hanafiyah and Syâfi`îyah schools. Therefore, it requires deeper insight either empirically from the field or theoritically in Islamic law analysis through aqwâl al-`ulamâ’, so that the concept and the legal basis of its management and development can be known. This paper discusses about productive waqf and the uniqueness of the application of management of cash waqf in a pesantren (Islamic boarding school). Besides, the standardisation of the law applied in the implementation of the cash waqf which encompasses: al-Qur'an, Hadits, fiqh rules, and aqwâl al-`ulamâ’ needs to be analyzed fo find out a conclusion of the implementation status. In the implementation, there are many unique things which are interesting to analyze, namely the use of the institution fund which is oriented to develop cash waqf and the exictence of waqf board which becomes the highest decision maker. It means that the highest leader is no longer on the foundation but on the waqf board because all of the pesantren’s assets become waqf property, even the body and everything valuable to them are made as waqf assets.Abstrak:Cash waqf atau biasa disebut dengan wakaf tunai ini masih menjadi bingkai dalam perdebatan ulama, lebih-lebih dari golongan Hanafiyah dan Syâfi’îyah. Oleh karenanya, ia perlu digali informasi baik secara empiris di lapangan maupun secara teoritis dalam kajian hukum Islam melalui aqwâl al-`ulamâ’ sehingga dapat diketahui konsep dan dasar hukum yang dipakai dalam pengelolaan dan pengembangannya. Tulisan ini membahas wakaf produktif dan keunikan pelaksanaan manajemen wakaf tunai di pesantren. Di samping itu, standarisasi hukum yang digunakan dalam implementasi perwakafan tunai ini (cash waqf) yang meliputi: al-Qur`ân, Hadits, kaidah fiqhiyah, kaidah ushuliyah, dan aqwâl al-‘ulamâ perlu dikaji untuk menemukan kesimpulan status pelaksanaannya. Dalam implementasinya, beberapa hal unik yang menarik untuk dikaji, yaitu penggunaan dana lembaga yang diorientasikan untuk mengembangkan wakaf tunai. Eksistensi badan wakaf yang menjadi penentu kebijakan tertinggi, artinya pimpinan tertinggi tidak lagi dipegang oleh yayasan, melainkan badan wakaf karena semua aset pesantren dijadikan sebagai harta wakaf, bahkan badan dan sesuatu yang bermanfaat dari diri mereka dijadikan sebagai aset wakaf.

This paper raises the issue of the opinion of Garut Islamic scholars (ulama) about cash waqf and limited time (mu‘aqqat) of waqf, two issues of waqf are considered as the new problems of waqf for the Indonesian muslims as opposed to their view before. The findings of this study are as follows: 1) Garut Islamic scholars agree that the law of cash waqf is permitted becouse that cash waqf does not conlict with essence of waqf; 2) There are differences of opinion among Garut scholars relating the law of limited time of waqf. Some of them said that this waqf allowed becouse it does not conflict with the meaning and the esssence of waqf, even charitable opportunites for the community will be greater in the presence of limited waqf. Some other scholars consider that limited time of waqf have violated the essence of waqf to be timeless, forever. However, they still consider that there is virtue of this type of waqf, and still allowed conducted with a note its name is not waqf.