Waqaf Sukuk in Indonesia Perspective of Maqashid Syariah Al Najjar (Legal Analysis Study on Waqf Sukuk Series SWR003)

Reka Sakhinatur Rochma, - and Iffatin Nur, 197301111999032001 (2024) Waqaf Sukuk in Indonesia Perspective of Maqashid Syariah Al Najjar (Legal Analysis Study on Waqf Sukuk Series SWR003). Proceeding of the 3rd International Conference On Islam, Law, and Society (INCOILS) 2023, 3 (1). pp. 1-15. ISSN 2985-7392

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Abstract

This research is motivated by researchers' observations of the Waqf Sukuk program which has developed so rapidly in the last five years. In fact, every two years a new series of Waqf Sukuk is published. To date, three series of Waqf Sukuk have been published, consisting of; SWR001 Series Waqf Sukuk, SWR002 Series Waqf Sukuk, SWR003 Series Waqf Sukuk. So does this rapid development bring a lot of good to the people or is it the opposite. So with this the researcher will study Waqf Sukuk in Indonesia in the thoughts of maqashid sharia Abdul Majid al-Najjar with his book entitled Maqashid alSyariah bi Ab'ad Jadidah. The method used in writing is the case study method with a qualitative research approach and descriptive qualitative research type. The results of research on the SWR003 Series Waqf Sukuk show that: (1) The SWR003 Series Waqf Sukuk in Indonesia is a food security program in the form of empowering farmers in breeding and fattening livestock. (2) Regarding the implementation of the SWR003 Waqf Sukuk in Indonesia, it produces yield innovations. (3) Abdul Majid an-Najjar's perspective of the Waqf Sukuk series SWR003 is deemed to be in accordance with several elements presented in an-Najjar's thinking. First, maintaining the value of human life (Hifdz qimat al-Hayah alInsaniyyah). Second, maintaining the material dimensions of life (Hifdz al-Muhit al-Maddi). Third, maintaining human essence (Hifdz al-Dhat al-Insaniyyah). Fourth, Maintaining the social system of society (Hifdz al-Mujtama')

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