Optimizing Strategy for Land-Based Waqf Development in Indonesia

Abstract

Abstract. Indonesia waqf’s potential is considered huge. Even though, there is a imbalance in utilizing land-based waqf in Indonesia. Most of it are served to religious-based activity rather than productive action. The aim of this research is to formulate an optimizing strategy on land-based waqf development in Indonesia. The priority consideration factor affecting nadhir also be inspected as a strategy formulation basis. ANP (Analytic Network Process) method is equipped in this research. Result shows that management capability is the priority aspect to nadzhir’s decision in utilizing land-based waqf. Lack of competency becomes the most highlighted problem in that aspect. Fortification towards the regulation is considered to be the optimizing strategy in development land-based waqf in Indonesia. Keywords: Strategy, Optimizing, Land-Based Waqf, Productive Waqf, Institutional Nadzhir.