Expanding The Benefits of Waqf For The Environment In Waqf Policy In Indonesia

Abstract

Waqf in Indonesia has been known since before Indonesia became independent, however, the purpose and benefits of waqf are still understood with a narrow understanding that is limited to the aspect of providing religious facilities only, while the benefits of waqf can be expanded according to the conditions and era without reducing the main standards that were conveyed by the Prophet Muhammad in Umar hadith. The aim of this research is to analyze opportunities to expand the benefits of waqf to protect the environment and minimize the impact of ecological disasters in Indonesia, through applicable regulations and policies. The research method used is literature study through legal and policy study materials relevant to waqf. The results of this research show that the waqf law No. 41 of 2004 still needs to be amended, especially regarding the regulatory scheme and policy on waqf benefits for the environment which can be collaborated with other financial sectors that comply with sharia and legal provisions in Indonesia.