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Designing Integrated Zakat-Waqf Models For Disaster Management

Author

Listed:
  • Sulistyowati

    (STIE Indonesia Banking School)

Abstract

This study aims to analyze four previous conceptual models related to zakat and waqf by Indrawan et al. (2018), Ascarya et al. (2018), Tanjung (2018), Hassan (2010) and also designing various Integrated Zakat and Waqf Models for disaster management and evaluate them as best model which is most suitable in community, local, and national scopes. In-depth interviews and literature study from relevant sources are conducted to develop the models. The proposed models called Integrated Zakat and Waqf Model for Disaster Management (IZWDM) that involves of social and commercial aspects provides of three alternative models according to three steps of disaster management namely IZWDM-A for Relief step; IZWDM-B for Recovery step; and IZWDM-C for Reconstruction step. This study is expected to enhance all parties to do more synergy in managing disasters that happened in Indonesia.

Suggested Citation

  • Sulistyowati, 2018. "Designing Integrated Zakat-Waqf Models For Disaster Management," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 4(2), pages 347-368, November.
    • Handle: RePEc:idn:jimfjn:v:4:y:2018:i:2i:p:347-368
    DOI: https://doi.org/10.21098/jimf.v4i2.1011
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    References listed on IDEAS

    as
    1. Khalifa M HASSANAIN, 2015. "Integrating Zakah, Awqaf and IMF for Poverty Alleviation: Three Models of Islamic Micro Finance," Journal of Economic and Social Thought, KSP Journals, vol. 2(3), pages 193-211, September.
    2. repec:ksp:journ3:v:1:y:2015:i:3:p:193-211 is not listed on IDEAS
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    More about this item

    Keywords

    Zakat; Waqf; Integration; Venture Capital; Disaster Management;
    All these keywords.

    JEL classification:

    • B26 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Financial Economics
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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