Proceedings of the 4th Borobudur International Symposium on Humanities and Social Science 2022 (BIS-HSS 2022)

Waqf Core Principles Implementation at Muhammadiyah Nazhir Waqf: An Analytic Network Process Approach

Authors
Adilnia Fifi Susanti1, 2, Berliana Florensia1, 2, Habib Abdul Kholid Huzain1, 2, Ilyas Syah1, 2, Fahmi Medias1, 2, *
1Islamic Economic Law Department, Universitas Muhammadiyah Magelang, Magelang, Indonesia
2Islamic Philanthropy Study Center, Universitas Muhammadiyah Magelang, Magelang, Indonesia
*Corresponding author. Email: fahmimedias@ummgl.ac.id
Corresponding Author
Fahmi Medias
Available Online 10 October 2023.
DOI
10.2991/978-2-38476-118-0_82How to use a DOI?
Keywords
Implementation; Waqf Core Principles; Muhammadiyah nazhir Waqf; Analytic Network Process (ANP)
Abstract

This study analyzes the Waqf Core Principles (WCP) implementation index on Muhammadiyah nazhir waqf DI Yogyakarta. The Multi Stage Weighted Index method was used in this study to calculate the procedural WCP implementation index and Network Process Analysis (ANP) to analyze problems, solutions, and Muhammadiyah nazhir strategies in WCP implementation. The results of the study present the fact that Muhammadiyah nazhir waqf DI Yogyakarta has a total index value of 0.51 or is in a fairly good category (its mean: Muhammadiyah nazhir waqf DI Yogyakarta has implemented the crucial WCP variable). Based on the ANP construction, there are 7 main problems encountered, namely the ownership of SOPs for collection and distribution, asset management partners, waqf supervisory procedures, internal and external audits, absence of a supervisory board, risk implementation guidelines, and waqf risk literacy. The solutions set are the formulation of SOPs and technical instructions. the determination of asset management partners, the formulation of waqf supervision rules, the formulation of supervision rules by the Indonesian Waqf Board, the preparation of risk implementation guidelines, and the improvement of risk competence in nazhir. The strategy for achieving this solution is collaboration with the Indonesian Waqf Board in the formulation of SOPs, policy development by the Muhammadiyah Central Executive, and collaboration with BWI in increasing nazhir competence.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 4th Borobudur International Symposium on Humanities and Social Science 2022 (BIS-HSS 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
10 October 2023
ISBN
978-2-38476-118-0
ISSN
2352-5398
DOI
10.2991/978-2-38476-118-0_82How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Adilnia Fifi Susanti
AU  - Berliana Florensia
AU  - Habib Abdul Kholid Huzain
AU  - Ilyas Syah
AU  - Fahmi Medias
PY  - 2023
DA  - 2023/10/10
TI  - Waqf Core Principles Implementation at Muhammadiyah Nazhir Waqf: An Analytic Network Process Approach
BT  - Proceedings of the 4th Borobudur International Symposium on Humanities and Social Science 2022 (BIS-HSS 2022)
PB  - Atlantis Press
SP  - 710
EP  - 718
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-118-0_82
DO  - 10.2991/978-2-38476-118-0_82
ID  - Susanti2023
ER  -