{
    "success": true,
    "data": {
        "id": 2011811,
        "msgid": "waqf-holds-potential-to-generate-rp-109-trillion-annually-1790783707",
        "date": "2026-09-30 22:10:00",
        "title": "Waqf Holds Potential to Generate Rp 109 Trillion Annually",
        "author": "Muhammad Hafil",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Economy",
        "summary": "Experts suggest that productive management of waqf assets, including land and cash, could contribute up to Rp 109 trillion to the Indonesian economy every year. The focus remains on transforming stagnant assets into productive instruments to enhance community welfare and economic resilience.",
        "content": "<p>Waqf is estimated to have an economic potential of up to Rp 109\ntrillion per year if waqf assets are managed productively. This\npotential stems from waqf land assets and cash waqf, which are currently\nconsidered to be underutilised.<\/p>\n<p>The Chairman of the Expert Board of the Indonesian Islamic Economics\nAssociation (IAEI), Dr Mustafa Edwin Nasution, stated that the value of\nwaqf land assets in Indonesia is estimated to reach approximately Rp\n2,000 trillion. Assuming these assets can generate a net profit of 5 per\ncent, the potential economic yield reaches about Rp 100 trillion per\nyear.<\/p>\n<p>Meanwhile, cash waqf holds an additional potential of approximately\nRp 9 trillion per year, assuming development at the same rate.<\/p>\n<p>\u201cThus, according to calculations, the potential economic yield of\nwaqf can reach around Rp 109 trillion per year, which can then be\ndirected towards improving the welfare of the community,\u201d Mustafa\nexplained during the National Mudzakarah and Discussion Forum of the\nIAEI Expert Board in Jakarta on Tuesday (29\/09\/2026).<\/p>\n<p>Mustafa assessed that the primary issue regarding waqf is not merely\nthe size of the assets, but how those assets can be managed to become\nmore productive. According to him, waqf should not remain as immovable\nassets that fail to generate added value.<\/p>\n<p>\u201cWaqf should not stop being a dormant asset. It must become a\nproductive asset capable of creating added value and strengthening the\neconomic resilience of the community,\u201d said Mustafa.<\/p>\n<p>Therefore, he believes that strengthening the mandate and\ninstitutions of waqf is necessary so that management can move further\ntowards economic productivity. One point of focus is the authority of\nthe Indonesian Waqf Board (BWI) as regulated under Article 49, paragraph\n(1) of the Waqf Law.<\/p>\n<p>Mustafa noted that the institutional space and governance of waqf\nneed to be strengthened so that waqf assets can provide greater economic\nbenefits to the public.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/waqf-holds-potential-to-generate-rp-109-trillion-annually-1790783707",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}