scholarly journals Community Economic Development Prospect Based on Wakaf Funds

Author(s):  
Ida Martinelli

Wakaf is a philanthropic institution that is quite old in Islamic history. The purpose of the existence of wakaf is not only just taqarrub to Allah SWT, but also gives the economic impact of wakaf objects. Wakaf is one of the solutions given by Allah to eliminate the gap between rich and poor people. Indeed wakaf has a very high economic potential in the welfare of the people. Through cash wakaf or wakaf cash investment in wakaf property in the form of plantations and others indicates that Islam does not leave its people in poverty. Based on this, the wakaf should no longer be oriented towards mosques, madrassah, burial ground, but rather towards a more productive direction producing new economic resources intended for the welfare of the people.

2019 ◽  
Vol 3 (2) ◽  
pp. 203-226
Author(s):  
Yurianto Yurianto

The mosque in the history of Islamic civilization is a means to do da'wah and the development of Muslim economic resources. The purpose of this study is to identify the economic potential of the Nurul Iman Mosque, then to analyze the economic potential of the Nurul Iman Mosque in the economy, and to develop strategies in developing the mosque's economy. This study was conducted in a descriptive qualitative approach. The location of Nurul Iman Mosque is very strategic for business activities for the people. The most dominant factor in the economic development of a mosque is a factor in the large number of worshipers. With the cartesius diagram, it is concluded that the grand strategy in the framework of economic development of the Nurul Iman Mosque is the Strength and Opportunity (Strategy S-O) strategy.


2019 ◽  
Vol 9 (4) ◽  
pp. 222-226
Author(s):  
K.C. Kavipriya

Economic Development of a country depends upon the individual development; Creation of more Employment opportunities is the right way to strengthen our Economy. By way of strengthening Small scale units, ultimately more people will get Employment. More over Small scale Industries required less amount of Capital. These are the main reasons to start the scheme MUDRA. The scheme MUDRA was launched in the year 2015 by Government of India. In India most of the people are depending upon small scale businesses as their source of livelihood. Most of the individuals depend on un-organised sectors for loans and other credit facilities which have high rate of interest along with unbearable terms and conditions. Ultimately it will lead these poor people to fall in debts. This paper is an attempt to educate the readers about MUDRA Yojana.


2020 ◽  
Vol 2 (1) ◽  
pp. 41-50
Author(s):  
Deden Gandana Madjakusumah ◽  
Udin Saripudin

Purpose: This paper aims to gather information about the management of ZISWAF through literature review. Methods: This study uses a qualitative approach to describe findings from facts and reality in society with a phenomenology approach. A literature review and documentation are conducted to collect the data. Finding: ZISWAF funds can be maximized for the economic development of the people, but currently these funds are still much engaged in the area of social service activities, charity assistance, compensation for orphans, Madrasah development, and others. Even tend to ignore the interests of other Muslims such as legal aid, child protection, public policy advocacy, women's empowerment, and several other important agendas, still lacking support from the utilization of philanthropic funds in addition to efforts to find out the potential of Islamic philanthropy and its impact on the economic development of the people, especially poor people or poor people.


Author(s):  
Harpreet Kaur ◽  
Gurusharan Kaur

Micro finance is an essential pre-condition for sustainable economic development. The process of provision of financial services has been gaining importance for the overall economic development of the country. Micro finance became alternative source of loans to the poor people with the goal of creating financial inclusion and equality. Informal sector constitute an important part of the economy. Therefore the study was conducted to investigate the impact of Micro Finance in Zambia, the case of residents of Chipata district. The study was guided by the following research objectives: to determine the level of awareness on micro finance products, to assess the level of development of MFIs within Chipata, to assess the impacts of microfinance on Chipata District residents, women in particular and to assess challenges Chipata residents face in accessing credit. The study came up with the several results, among the few are that MFIs have a positive effect on the people of Zambia as MFIs increase the household income levels. It has been noted that, access to credit which is a major challenge in the SME sector has been reduced to a large extent through the operations of MFIs. It was also concluded that MFIs have contributed largely in the area of mobilizing savings through their saving schemes that make saving more accessible, less costly and ready to receive little amounts. The practice helps to improve capitalization as most of these saving are ploughed back in their businesses.


Author(s):  
Syamsuri Syamsuri ◽  
Hasria Alang

Economic potential is the capacity of an area that contains potential resources, both natural resources and human resources, to be developed and become an opportunity in improving the community’s economy by looking at the real income of the people in that place. One way that can be done to improve the community’s economy is optimizing the superior plants in the area. Economic development can be done by maximizing the effect of commodities that already exist and cultivated for a long time. Puundoho Village is one of the villages with superior crops grown, namely Patchouli. Patchouli oil has high economic value because it contains compounds, terpenoids, phytosterols, flavonoids, organic acids, lignin, alkaloids, glycosides, alcohol, and aldehydes are used in the health and cosmetic fields. The purpose of the study was to see the feasibility of the economic potential of Patchouli (P. cablin) in Puundoho Village using Analisis Revenue Cost Ratio (R/C). The research was conducted from January to February 2021. The method used in this research is qualitative and quantitative. It was collecting data through observation and interviews. The results ratio showed 5,86, so it can be interpreted that Patchouli Industry is feasible to develop.


2020 ◽  
Vol 2 (3) ◽  
pp. 39-51
Author(s):  
Kitojo Wetengere

The objective of this study was to examine industrialization in Tanzania and the need to include the disadvantaged people in the development process. This study used a documentary review methodology. The study found that although industrialization is key to economic growth, if not properly managed, it tends to marginalize the poor people. This calls for social inclusion policy measures. The study, therefore, recommends that, if industrialization is to benefit the disadvantaged, agriculture, which employs the majority of the people, should be industrialized. Further, since the benefits of industrialization may not necessarily accrue to the poor, the above need to be accompanied by conscious efforts of the government and the private sector to provide social and economic services to the disadvantaged poor. Keywords: Industrialization; Social Inclusion; Butter & Bread vs. Yeast & Bread; Economic Growth vs. Economic Development


2020 ◽  
Vol 69 (2) ◽  
pp. 276-289
Author(s):  
Arun Kumar Singh

Development-induced displacement debate has attracted academicians, planners and policymakers in the last hundred years because of its contradictory connotation. The twentieth century is considered to be the period of unprecedented economic development in many areas of the world. Megaprojects, like irrigation projects and large dams, have become symbols of economic development; apart from generating energy, these projects have also generated employment and income for the people affected. Post-Independence India has witnessed a large number of development projects for fulfilling the socio-economic needs of a different section of society residing in different parts of the country. Efforts have been made by government authorities for the promotion of major, medium and small-scale developmental projects in sectors like irrigation, industries, power, transportation and so on. However such mega-development projects involve the acquisition of land from common and poor people resulting in forced mass displacement which disrupts the socio-economic fabric and spoils the environmental flavour of the surrounding areas. A large number of people are deprived of their cultural identities and livelihood primarily as a direct consequence of land acquisition. The experiences suggest that the long drawn-out process of displacement has caused widespread traumatic psychological and socio-cultural consequences including the dismantling of traditional production systems, desecration of ancestral sacred zones, graves and places of worship, scattering of kinship groups, disruptions of the family system and informal social network ( Kothari, 1995 . Economic & Political Weekly, 31(24), 1476–1485). Under this type of parochial treatment, the fundamental goal of economic development, that is, to promote the welfare and wellbeing of the people remains a daydream, and the vulnerable groups of human society are denied of their fundamental/human rights and have to bear the situation at the cost of development.


2007 ◽  
pp. 116-132 ◽  
Author(s):  
S. Kimelman ◽  
S. Andyushin

The article basing upon estimation of the social and economic potential of Russian Federation subjects shows that the resource model of economic development is suitable for nearly half of them. The advantages of this model are described using the example of the Far Eastern Federal District subjects that could be the proof of the necessity of "resource correction" of regional economic policy in Russia.


2020 ◽  
Vol 3 (2) ◽  
pp. 117-132
Author(s):  
Betha Rahmasari

This article aims to find out the developmentidea or paradigm through village financial management based on Law Number 6 of 2014 concerning Villages. In this study, the researcher used a normative research methodby examining the village regulations in depth. Primary legal materials are authoritatuve legal materials in the form of laws and regulations. Village dependence is the most obvious violence against village income or financial sources. Various financial assistance from the government has made the village dependent on financial sources from the government. The use of regional development funds is intended to support activities in the management of Regional Development organizations. Therefore, development funds should be managed properly and smoothly, as well as can be used effectively to increase the people economy in the regions. This research shows that the law was made to regulate and support the development of local economic potential as well as the sustainable use of natural resources and the environment, and that the village community has the right to obtain information and monitor the planning and implementation of village development.


2019 ◽  
Vol 118 (6) ◽  
pp. 80-89
Author(s):  
T. Muthupandian ◽  
A. Sabarirajan ◽  
B. Arun ◽  
P.S. Venkateswaran ◽  
S. Manaimaran

This paper is having a major objective of finding out the service gap in hospital industry – A patient centric analysis in Coimbatore District. In the 21st century, Health conscious is very high among the people in Tamil Nadu. Before fifty years, people have limited level of hospitals and other allied health services. But today, increases of public, private, corporate and municipal hospitals providing quality services. Hence patients are expecting high quality services from the service providers. The study reveals that services provided in the hospitals have a positive and strong effect on the satisfaction of the inpatients. But reliability is the factor the hospital administrations have to consider.


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