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Islamic Waqf: A Tool for Sustainable Forest Conservation and Livelihoods in Indonesia

In: Islamic Financial Markets and Institutions

Author

Listed:
  • Marissa Malahayati

    (World Bank – Indonesia Country Office)

  • Lukytawati Anggraeni

    (Department of Economic Science, IPB University, Lingkar Kampus Dramaga)

Abstract

This study examines the potential of green waqf in Indonesia to advance forest conservation and community livelihoods. It leverages waqf land for reforestation, biodiversity enhancement, and sustainable land management, highlighting the alignment of religious philanthropy with ecological goals. Case studies of the Jantho Waqf Forest and Bogor Waqf Forest illustrate the benefits but also expose challenges such as limited awareness, complex land certification, and underutilized cash waqf. Policy recommendations include clarifying waqf land ownership and usage rights, streamlining the land certification process, integrating waqf into national environmental and development plans, developing innovative financial instruments for green waqf projects, promoting capacity-building initiatives, and launching public awareness campaigns to foster community participation. These actions are essential for achieving Indonesia’s climate and conservation targets.

Suggested Citation

  • Marissa Malahayati & Lukytawati Anggraeni, 2025. "Islamic Waqf: A Tool for Sustainable Forest Conservation and Livelihoods in Indonesia," Contributions to Economics, in: Farhad Taghizadeh-Hesary & Hassanudin Mohd Thas Thaker & M. Ishaq Bhatti & Anwar Allah Pitchay (ed.), Islamic Financial Markets and Institutions, chapter 0, pages 275-299, Springer.
    • Handle: RePEc:spr:conchp:978-981-96-8650-6_13
    DOI: 10.1007/978-981-96-8650-6_13
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    Keywords

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    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • Z1 - Other Special Topics - - Cultural Economics

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