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Identification of Influencing Factors in Contributing to Cash Waqf: Case of South Tangerang, Indonesia

Identification of Influencing Factors in Contributing to Cash Waqf: Case of South Tangerang, Indonesia

Salina Kassim, Ahmad Hudzaifah
Copyright: © 2021 |Pages: 15
ISBN13: 9781799868118|ISBN10: 1799868117|ISBN13 Softcover: 9781799868125|EISBN13: 9781799868132
DOI: 10.4018/978-1-7998-6811-8.ch010
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MLA

Kassim, Salina, and Ahmad Hudzaifah. "Identification of Influencing Factors in Contributing to Cash Waqf: Case of South Tangerang, Indonesia." Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis, edited by Salina Kassim, et al., IGI Global, 2021, pp. 152-166. https://doi.org/10.4018/978-1-7998-6811-8.ch010

APA

Kassim, S. & Hudzaifah, A. (2021). Identification of Influencing Factors in Contributing to Cash Waqf: Case of South Tangerang, Indonesia. In S. Kassim, A. Othman, & R. Haron (Eds.), Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis (pp. 152-166). IGI Global. https://doi.org/10.4018/978-1-7998-6811-8.ch010

Chicago

Kassim, Salina, and Ahmad Hudzaifah. "Identification of Influencing Factors in Contributing to Cash Waqf: Case of South Tangerang, Indonesia." In Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis, edited by Salina Kassim, Anwar Hasan Abdullah Othman, and Razali Haron, 152-166. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-6811-8.ch010

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Abstract

Waqf has long been the backbone of community service in Indonesia, especially in the fields of religion and education. Considering the importance of waqf in the socio-economic field in Indonesia, the scope of waqf has been widened from originally only in the form of fixed assets to later includes movable assets such as cash. As a country with the largest Muslim population in the world, Indonesia has a huge potential to develop cash waqf. However, this potential has not been able to be optimized mainly due to the lack of awareness among the Muslims in Indonesia regarding cash waqf. Several factors have been identified as important in influencing one's willingness to participate in cash waqf, namely knowledge, income, social-culture, and promotion. To determine the influence of these factors in the context of Indonesia, data obtained from respondents from the survey instrument adopted were subjected to statistical analysis. The findings indicate that all the factors are significant in affecting a person's willingness to participate in cash waqf. In view of this finding, several recommendations are put forward to increase the awareness and willingness to participate in cash waqf in Indonesia.

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