PRODUCTIVE WAQF MANAGEMENT; A CASE STUDY OF BRUNEI DARUSSALAM

Abstract

This study aims to determine the state of the productive waqf management in Brunei Darussalam, ranging from nÉÐir management, management of waqf collection, development and distribution of its investment returns. The analytical method used is descriptive analysis, that is, research that describes the data and information based on facts obtained by the researcher from books, papers, and seminars in charitable institutions in Brunei Darussalam. Results show that productive waqf management in Brunei Darussalam is singly handled by the Majlis Ugama Islam Brunei (MUIB) through a single unit. The nÉÐir is appointed and sworn in by the Chair of Majlis Ugama Islam. In Brunei Darussalam, there are two kinds of objects as entities of productive waqf: Land and money. These waqf entities are utilized together with the other assets of other Islamic Religious Council Waqf investments using IjÉrah contract under the responsibility of an investment body of the Badan Tanmiah Majlis Ugama Islam Brunei. In terms of the development of the waqf, the nÉÐir in Brunei Darussalam use the media as a means of fundraising. The distributions target of the productive waqf are education, health, religious and social development.