Waqf based Islamic Fintech Model for Agriculture Sector of Indonesia

Abstract

This study ‎addresses major challenges and financial problems faced by Indonesian farmers.  Inadequate level of working capital and inability to access funding sources constitute major constraints to the agricultural sector. It proposes a new financing solution: the waqf based Islamic fintech model to fund farmers’ long-term and short-term projects. The study ‎is based on a qualitative approach. The study concludes to important recommendations. The adoption of an integrated Waqf based Islamic fintech model, which ‎provides halal financing alleviates Indonesian farmers’problems in rural areas. ‎