National Waqf Index Crucial to Improve Indonesia’s Waqf Performance: Dr Irfan Syauqi Beik

Indonesia’s Ministry of Religion has stated that a large number of problems and gaps in the system prevent the country’s Waqf sector from reaching its true potential. According to the Ministry, land waqf in Indonesia has a potential of 52,475 hectares in 2020, whilst cash Waqf has a potential of IDR 3 trillion. However, problems hampering this growth include the lack of professionalism of the Waqf administrator, minimal budget support from the Government of Indonesia, the lack of data, and the development of waqf between regions and time cannot be compared.

Speaking at the National Waqf Index seminar held on the 23rd of December 2020, Dr Irfan Syauqi Beik, Lecturer from the Department of Sharia Economics at IPB University, stated that the absence of a Waqf measureme...