The Role Of Cash Waqf In Alleviating Poverty: Literature Study

Abstract

Cash waqf offers a solution in alleviating people who feel lazy. Public awareness to be involved in cash waqf will maximize the benefits of cash waqf in improving people's welfare. This study aims to describe the existing literature and present forms of the role of cash waqf in an effort to alleviate poverty. This research approach is a qualitative analysis of content with the type of literature study. This study uses secondary data such as articles, research results, and reference books. The results of the study found that research related to the role of cash waqf in alleviating poverty from 2018 to 2022 only found 15 articles. Cash waqf will provide more optimal benefits if it is followed by increasing literacy of cash waqf, increasing the professionalism of cash waqf managers, and increasing public trust in cash waqf. Well-managed cash waqf will be able to reduce the level of poverty and improve the quality of life of the poor. The significant increase in Cash Waqf Linked Sukuk (CWLS) has become an alternative source of financing in empowering micro, small and medium enterprises to realize community economic independence.