Health, economic development, and household poverty: The role of the health sector

Jurnal Fiqh ◽  
2021 ◽  
Vol 18 (1) ◽  
pp. 169-216
Author(s):  
Amelia Nur Natasha Abdul Nazeri ◽  
Asmak Abdul Ab Rahman

The role of waqf in economic development is evident in how waqf instruments enable various economic activities. In Perak, Majlis Agama Islam dan Adat Melayu Perak (MAIPk) manages the development of waqf assets by acting as sole trustee in the development of waqf property in that state. This study analyzes the role of waqf in the economic development of Perak. The primary method used to obtain data was through interviews with MAIPk about the management and development of waqf projects. Secondary data was collected through various references such as books, theses and journals. The data thus collected was analyzed using thematic analysis according to the focus of the study. The study found that waqf played a role in the economic development of Perak’s health, education, and the improvement of income and its community’s standard of living. The outstanding development in the health sector was the construction of a waqf hemodialysis center. In the educational sector, waqf funds and instruments, contributed to the construction of the Islamic University Sultan Azlan Shah Dormitory (UISAS) and Maahad Tahfiz. Waqf also contributed to improving the income and living standards of the community in Perak through various projects such as the Wakaf Business Centre (WBC) project, waqf housing, and waqf boats to develop the economy of the community in Perak.


2021 ◽  
Vol 10 (2) ◽  
pp. 275-290
Author(s):  
Hendri Tanjung ◽  
Agus Windiarto

The aim of this paper is to examine the role of Cash Waqf Linked Sukuk (CWLS) in economic development and trade in Indonesia. This research is motivated by the fact that there is still limited financing to economic development in Indonesia as well as trade financing. The research based on a qualitative methodology using the data from scientific journals and paper in the field of Cash Waqf, including CWLS. The results cash waqf in several countries has been used for beneficiaries.  Especially for CWLS, it consists of 2 types, namely wakaf sukuk and retail waqf sukuk. For waqf sukuk, the proceeds of the waqf have been channelled to finance the construction of the retina center and glaucoma center at the hospital. Meanwhile, retail waqf sukuk are used by each nazir to finance the program. This research shows that CWLS is proven to play a role in economic development, particularly infrastructure. The infrastructure that has been built is in the health sector. CWLS can also be an alternative source of funds with low-cost of fund which in turn enables the Eximbank/ECA to extend trade financing to the cooperative with competitive price. However, there are some action need to be taken, i.e (i) conduct socialization regarding CWLS to improve public awareness and enlarge the wakif base and (ii) issue DSN regulations regarding CWLS.JEL Classification: F13, F63, P33How to Cite:Tanjung, H., & Windiarto, A. (2021). Role of Cash Waqf Linked Sukuk in Economic Development and International Trade. Signifikan: Jurnal Ilmu Ekonomi, 10(2), 275-290. https://doi.org/10.15408/sjie.v10i2.20493. 


2014 ◽  
pp. 86-105
Author(s):  
M. Shabanova

The author discusses the importance of studying socio-structural factors of socio-economic development through a broader application of the economic approach. The resources of status positions of economic agents are in the spotlight. A possible platform for interdisciplinary interactions is proposed which allows to increase the contribution of both economics and sociology in improving governance at all levels.


2007 ◽  
pp. 55-62 ◽  
Author(s):  
O. Bogomolov

The article reveals the influence of the spiritual and moral atmosphere in the society on economic development. The emphasis is put especially on the role of social confidence and social justice. The author indicates also some measures on improving the worsening moral situation in Russia.


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