Cash waqf is a relatively new form of waqf in Indonesia. The potential for cash waqf in Indonesia is very large, reaching up to 180 trillion rupiah or around $12.6 billion, however it has not developed well. The objective of this study is to analyse the challenges encountered by Nahdlatul Ulama (NU) in the implementation of cash waqf. This research employed a case study method to explore the obstacles and challenges in the practice of implementing cash waqf at the NU Waqf Institution. We conducted semi-structured interviews with the heads of the land and waqf institutions to collect the data. The main findings reveal that NU faced several challenges in implementing cash waqf. The challenges are the lack of knowledge of NU members about cash waqf, Nazir's readiness in managing cash waqf is low, lack of transparency and accountability in governance.
Authors: Muslichah Muslichah, Dwi Nita Aryani, Mohamed Sharif Bashir
DOI: https://doi.org/10.59723/awq004/20
Publish Year: 2024
