Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in Indonesia

This study explores the implementation of the fairness principle in the management of Islamic social funds through zakat and wakaf in Indonesia, guided by existing legal frameworks and theoretical sources. Employing a legal approach, it critically examines and evaluates various laws related to the m...

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Main Authors: Sugeng Susila, Alhadiansyah, Erni Djunastuti, Marnita, Angga Prihatin
Format: Article
Language:English
Published: Universitas Muhammadiyah Sidoarjo 2023-12-01
Series:Rechtsidee: Law Journal
Subjects:
Online Access:https://rechtsidee.umsida.ac.id/index.php/rechtsidee/article/view/1001
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author Sugeng Susila
Alhadiansyah
Erni Djunastuti
Marnita
Angga Prihatin
author_facet Sugeng Susila
Alhadiansyah
Erni Djunastuti
Marnita
Angga Prihatin
author_sort Sugeng Susila
collection DOAJ
description This study explores the implementation of the fairness principle in the management of Islamic social funds through zakat and wakaf in Indonesia, guided by existing legal frameworks and theoretical sources. Employing a legal approach, it critically examines and evaluates various laws related to the management of Islamic social funds in Indonesia. The research method utilized is a normative legal study focusing on theoretical examination and analysis of relevant legal documents and regulations. The findings reveal that the management of zakat and wakaf in Indonesia reflects the Fairness Principle, aiming to ensure just and equitable distribution and utilization of Islamic social funds. Such just management has significantly positive impacts on economic empowerment and societal welfare in Indonesia, enhancing education access, social infrastructure strengthening, productive business development, and empowerment of vulnerable groups, thus reducing poverty and social inequality. Collaboration between Islamic social fund institutions, government, and society is crucial to ensuring effective and sustainable utilization in enhancing Indonesia's overall economic welfare and societal well-being. Highlights: • Implementation of the fairness principle in managing Islamic social funds (zakat and wakaf) ensures equitable distribution and utilization. • Management significantly impacts economic empowerment and societal welfare in Indonesia. • Strong collaboration between institutions, government, and society is key to effective and sustainable utilization of zakat and wakaf. Keywords: Zakat, Wakaf, Fairness Principle, Economic Empowerment, Welfare Enhancement
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spelling doaj.art-92886a11c69e4c8c895868fa8158ba8b2024-03-12T13:13:24ZengUniversitas Muhammadiyah SidoarjoRechtsidee: Law Journal2338-85952443-34972023-12-0112210.21070/jihr.v12i2.100110.21070/jihr.v12i2.100110.21070/jihr.v12i2.10011001Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in IndonesiaSugeng Susila0Alhadiansyah1Erni Djunastuti2Marnita3Angga Prihatin4Universitas Tanjungpura Pontianak Kalimantan BaratUniversitas Tanjungpura Pontianak Kalimantan BaratUniversitas Tanjungpura Pontianak Kalimantan BaratUniversitas Tanjungpura Pontianak Kalimantan BaratUniversitas Tanjungpura Pontianak Kalimantan BaratThis study explores the implementation of the fairness principle in the management of Islamic social funds through zakat and wakaf in Indonesia, guided by existing legal frameworks and theoretical sources. Employing a legal approach, it critically examines and evaluates various laws related to the management of Islamic social funds in Indonesia. The research method utilized is a normative legal study focusing on theoretical examination and analysis of relevant legal documents and regulations. The findings reveal that the management of zakat and wakaf in Indonesia reflects the Fairness Principle, aiming to ensure just and equitable distribution and utilization of Islamic social funds. Such just management has significantly positive impacts on economic empowerment and societal welfare in Indonesia, enhancing education access, social infrastructure strengthening, productive business development, and empowerment of vulnerable groups, thus reducing poverty and social inequality. Collaboration between Islamic social fund institutions, government, and society is crucial to ensuring effective and sustainable utilization in enhancing Indonesia's overall economic welfare and societal well-being. Highlights: • Implementation of the fairness principle in managing Islamic social funds (zakat and wakaf) ensures equitable distribution and utilization. • Management significantly impacts economic empowerment and societal welfare in Indonesia. • Strong collaboration between institutions, government, and society is key to effective and sustainable utilization of zakat and wakaf. Keywords: Zakat, Wakaf, Fairness Principle, Economic Empowerment, Welfare Enhancementhttps://rechtsidee.umsida.ac.id/index.php/rechtsidee/article/view/1001wakafzakatfairness principleeconomic empowermentwelfare enhancement
spellingShingle Sugeng Susila
Alhadiansyah
Erni Djunastuti
Marnita
Angga Prihatin
Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in Indonesia
Rechtsidee: Law Journal
wakaf
zakat
fairness principle
economic empowerment
welfare enhancement
title Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in Indonesia
title_full Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in Indonesia
title_fullStr Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in Indonesia
title_full_unstemmed Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in Indonesia
title_short Fairness Principles in Islamic Social Funds: An Analysis of Zakat and Wakaf Management in Indonesia
title_sort fairness principles in islamic social funds an analysis of zakat and wakaf management in indonesia
topic wakaf
zakat
fairness principle
economic empowerment
welfare enhancement
url https://rechtsidee.umsida.ac.id/index.php/rechtsidee/article/view/1001
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AT ernidjunastuti fairnessprinciplesinislamicsocialfundsananalysisofzakatandwakafmanagementinindonesia
AT marnita fairnessprinciplesinislamicsocialfundsananalysisofzakatandwakafmanagementinindonesia
AT anggaprihatin fairnessprinciplesinislamicsocialfundsananalysisofzakatandwakafmanagementinindonesia