To read this content please select one of the options below:

Cash Waqf From the Perspective of Majelis Ulama Indonesia (MUI) and the Scholars of Aceh

New Developments in Islamic Economics

ISBN: 978-1-78756-284-4, eISBN: 978-1-78756-283-7

Publication date: 19 November 2018


Purpose – Differing opinions about the status of cash waqf are not new among jurists. Several studies have been conducted relating to this issue. This chapter discusses cash waqf from the perspective of certain scholars in Indonesia, the Majelis Ulama Indonesia (MUI, Indonesian Scholars Council) and the scholars of Aceh, and the fatwa (opinion) on cash waqf.

Methodology/approach – Data for this study were collected from interviews and academic literature to reach general and specific conclusions. The study was conducted in Aceh, Indonesia.

Findings – Different views exist on the validity of cash waqf between the MUI and the scholars of Aceh. The MUI has declared that the practice of cash waqf is allowable and valid, while some scholars of Aceh reject it except when the cash is exchanged (istibdal) for permanent assets.

Originality/value – MPU scholars and pondok scholars are not in agreement as to the legality of cash waqf. Pondok scholars reject the practice of cash waqf except if the money is substituted (istibdal) into a fixed asset. This is so even when many other scholars of Aceh ruled that cash waqf is still valid even if it is not converted into a fixed asset.



Mauluddin, M.I. and Rahman, A.A. (2018), "Cash Waqf From the Perspective of Majelis Ulama Indonesia (MUI) and the Scholars of Aceh", Rahman, A.A. (Ed.) New Developments in Islamic Economics, Emerald Publishing Limited, Leeds, pp. 49-66.



Emerald Publishing Limited

Copyright © 2019 by Emerald Publishing Limited