KONSEP INVESTASI WAKAF TUNAI DAN APLIKASINYA DI TABUNG WAKAF INDONESIA

Abstract

In cash wakaf or (islam) “property donated religious or community use, the donation which is gotten by the wakif or (islam)” who donates property to the islam community will be managed by (nadzhir) or “wakaf manager” which in this case that person takes steps as a management. Then, that wakaf’s investment donation is managed and is invested in syariah finances instrument or to any other syariah business institution. Profit from investment will be distributed to maukuf ‘alaih. While the base wakaf will be invested continually. All of the investments either sector must be guaranteed appropriate certainty.
 The management of cash wakaf in Tabung Wakaf Indonesia (TWI) is done by investing it to syariah sector, either by product divided or renting. Cash wakaf’s management which is divided by TWI is done based on two approaches. There are productive approach (investing to animal husbandry, plantation, and business supplying medium) and the second approach is non productive approach (investing cash wakaf which do not produce profit such as built free hospital, free school). Profit of investment is distributed for education, health and economic empowerment. However, in managing TWI does not use syariah guarantee institution.