Fiqh Functionality in the Profitability of Sharia Stock Waqf

  • Dul Jalil Sekolah Tinggi Ilmu Syariah Nahdhatul Ulama (STISNU) Nusantara, Tangerang
Keywords: Fiqih, Wakaf Saham

Abstract

Share waqf is an instrument that has been implemented by Badan Waqf Indonesia as a form of productive waqf. The implementation of stock waqf is one form of waqf that has been allowed in Islam, shares that can be waqf are those that have halal underlying assets. According to international sharia standarts that waqf shares are permitted provided that when tashfiyah is done istibdal. This study aims to be able to describe how the functionality of fiqh affects the profitability of sharia stock waqf. This study uses descriptive qualitative research. Data that has been collected through observation, interviews, and documentation were analyzed descriptively. The result of this study indicate that the permissibility of share waqf cannot be separated from the existence of cash waqf as ashl. This opinion is the opinion of Muhammad bin Abdullah Al-Anshari, a friend of Imam Zufar who was chosen by Imam Ibn Taymiyah. The permissibilty of sharia stock waqf can accommodate the trend of interest in Muslim investors who want to invest for social benefits.

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Published
2024-10-22
Abstract viewed = 9 times
pdf downloaded = 18 times
How to Cite
Dul Jalil. (2024). Fiqh Functionality in the Profitability of Sharia Stock Waqf. Al-Mizan : Jurnal Hukum Dan Ekonomi Islam, 8(2), 1-16. Retrieved from https://ejurnal.iiq.ac.id/index.php/almizan/article/view/1797