Cash Waqf: Economic Solution during the Covid-19 Pandemic

The emergence of the Covid-19 pandemic in Wuhan has made economies in various parts of the world experience instability. The real form that can be seen from the Covid-19 impact on the economy today is the Termination of Employment Relationship (PHK). Many employees have been dismissed, and various c...

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Main Authors: Nurjannah Nurjannah, M.Wahyuddin Abdullah
Format: Article
Language:English
Published: Lembaga Penelitian dan Pengabdian Masyarakat (LP2M) 2020-12-01
Series:Fitrah: Jurnal Kajian Ilmu-Ilmu Keislaman
Subjects:
Online Access:http://jurnal.iain-padangsidimpuan.ac.id/index.php/F/article/view/3058
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author Nurjannah Nurjannah
M.Wahyuddin Abdullah
author_facet Nurjannah Nurjannah
M.Wahyuddin Abdullah
author_sort Nurjannah Nurjannah
collection DOAJ
description The emergence of the Covid-19 pandemic in Wuhan has made economies in various parts of the world experience instability. The real form that can be seen from the Covid-19 impact on the economy today is the Termination of Employment Relationship (PHK). Many employees have been dismissed, and various companies are even threatened with bankruptcy. Other aspects affected include casual daily laborers, MSME actors, restaurant businesses, and other businesses that involve large numbers of people. The type of study was qualitative. The researcher would explore an object to find the potential that existed in the object. This study used a library research method using secondary data obtained from articles, research results, and reference books that discussed the same topic as research. Cash waqf as Islamic financial philanthropy required the strengthening during the current pandemic to assist in the establishment of a Waqf Hospital (RSW), especially for COVID-19 victims, waqf Personal Protective Equipment (PPE), waqf masks, waqf polyclinic, Waqf Isolation House (RIW) and vaccine funding. Additionally, it could help micro business actors in funding for the sustainability of their businesses affected by the pandemic. If there were beneficiaries of cash waqf (al-mauquf alaih) who were not limited to religious provisions, there would equal distribution of aid to help slow economic recovery
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spelling doaj.art-4cc84879e335432fbd36fcd1dadf21412022-12-22T04:41:32ZengLembaga Penelitian dan Pengabdian Masyarakat (LP2M)Fitrah: Jurnal Kajian Ilmu-Ilmu Keislaman2460-23452020-12-016222324210.24952/fitrah.v6i2.30582184Cash Waqf: Economic Solution during the Covid-19 PandemicNurjannah Nurjannah0M.Wahyuddin Abdullah1Universitas Islam Negeri Alauddin MakassarUniversitas Islam Negeri Alauddin MakassarThe emergence of the Covid-19 pandemic in Wuhan has made economies in various parts of the world experience instability. The real form that can be seen from the Covid-19 impact on the economy today is the Termination of Employment Relationship (PHK). Many employees have been dismissed, and various companies are even threatened with bankruptcy. Other aspects affected include casual daily laborers, MSME actors, restaurant businesses, and other businesses that involve large numbers of people. The type of study was qualitative. The researcher would explore an object to find the potential that existed in the object. This study used a library research method using secondary data obtained from articles, research results, and reference books that discussed the same topic as research. Cash waqf as Islamic financial philanthropy required the strengthening during the current pandemic to assist in the establishment of a Waqf Hospital (RSW), especially for COVID-19 victims, waqf Personal Protective Equipment (PPE), waqf masks, waqf polyclinic, Waqf Isolation House (RIW) and vaccine funding. Additionally, it could help micro business actors in funding for the sustainability of their businesses affected by the pandemic. If there were beneficiaries of cash waqf (al-mauquf alaih) who were not limited to religious provisions, there would equal distribution of aid to help slow economic recoveryhttp://jurnal.iain-padangsidimpuan.ac.id/index.php/F/article/view/3058cash waqfeconomypandemiccovid-19
spellingShingle Nurjannah Nurjannah
M.Wahyuddin Abdullah
Cash Waqf: Economic Solution during the Covid-19 Pandemic
Fitrah: Jurnal Kajian Ilmu-Ilmu Keislaman
cash waqf
economy
pandemic
covid-19
title Cash Waqf: Economic Solution during the Covid-19 Pandemic
title_full Cash Waqf: Economic Solution during the Covid-19 Pandemic
title_fullStr Cash Waqf: Economic Solution during the Covid-19 Pandemic
title_full_unstemmed Cash Waqf: Economic Solution during the Covid-19 Pandemic
title_short Cash Waqf: Economic Solution during the Covid-19 Pandemic
title_sort cash waqf economic solution during the covid 19 pandemic
topic cash waqf
economy
pandemic
covid-19
url http://jurnal.iain-padangsidimpuan.ac.id/index.php/F/article/view/3058
work_keys_str_mv AT nurjannahnurjannah cashwaqfeconomicsolutionduringthecovid19pandemic
AT mwahyuddinabdullah cashwaqfeconomicsolutionduringthecovid19pandemic