Unlocking Economic Oppurtunities: A Comprehensive Analysis of Land Waqf Transformasion in Indonesia

Abstract

This study explores the transformation of land waqf in Indonesia, focusing on its potential to serve as a productive economic instrument within the Islamic economy. Utilizing a qualitative literature review, the research examines existing practices and challenges associated with land waqf management in Indonesia and compares them with successful models from other Muslim countries. The findings reveal that while land waqf holds significant promise for addressing socio-economic issues, it is hindered by managerial limitations, insufficient regulatory support, and low levels of community engagement. To realize the full potential of land waqf, the study advocates for a comprehensive approach that includes regulatory reforms, enhanced managerial capacity, community education, and the integration of innovative technologies. By adopting these strategies, land waqf can evolve from a traditional charitable practice into a dynamic economic tool that fosters sustainable development and empowers communities across Indonesia.