endowment fund
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2021 ◽  
Vol 8 (2) ◽  
pp. 147
Author(s):  
Muhammad Aziz Zakiruddin

 Hajj financial management, especially within the scope of the Ummah Endowment Fund, has a dark record that must be corrected. Not only limited to investment, but the discourse of Hajj funds for infrastructure is also one of the government’s efforts so that Hajj funds can provide use-value. Legal certainty, justice, equality, prohibition of acting arbitrarily, and creating welfare and social cohesiveness in society are the principles of good governance. In Indonesia, to establish an orderly organization of Hajj, laws and regulations, government regulations, presidential regulations, and regulations for the Hajj Financial Management Agency have been made. As for the formulation of the problem in this paper, how are the dynamics of the financial management of Indonesian Hajj?, and how are the efforts to manage the Hajj finances based on good governance?. This research is library research, using a normative juridical method with a statutory approach. Some of the findings in this study indicate that regulations in the financial management of Hajj provide a polemic of its own so that it loses its identity and principle. Dualism of authority, inefficient management, and the potential for fraud are demands to fix the messy financial management of Hajj, towards good governance-based Hajj financial management. 


2021 ◽  
Vol 1 (2) ◽  
pp. 107-119
Author(s):  
Akhmad Kusuma Wardhana

Islam regulates economic life for the benefit of all. Waqf can be a solution in creating mutual benefit in society. This study aims to analyze the comparison between the practice of waqf for both Muslims and non-Muslims. This study uses qualitative methods. Samples in this study are the Islamic Hospital of endowments and the Gates Foundation. Data were analyzed using descriptive-analytical methods. The results show that the Gates Foundation and UNISMA use funds from their business management to distribute to the public. If UNISMA distributes waqf funds for business development and to achieve goodness, the gates foundation is entirely donated to the public. The difference in the company's financial scale is this division.


2021 ◽  
Author(s):  
Novira Putri Arlianti
Keyword(s):  

Wakaf tunai memiliki potensi untuk berkembang di Indonesia. Karena penggunaan model wakaf ini, dibandingkan dengan model wakaf tradisional, cakupan mobilisasi akan lebih merata kepada anggota masyarakat, yaitu berupa aset fisik yang biasanya dilakukan oleh keluarga yang relatif kaya. Salah satu model yang dapat dikembangkan dalam mobilisasi wakaf tunai adalah model endowment fund, yaitu menghimpun dana dari berbagai sumber dengan berbagai cara yang legal dan legal. Kemudian, sejumlah besar dana yang terkumpul diinvestasikan dengan cara yang sangat aman melalui lembaga penjaminan syariah.


2021 ◽  
Author(s):  
Novira Putri Arlianti
Keyword(s):  

Wakaf tunai memiliki potensi untuk berkembang di Indonesia. Karena penggunaan model wakaf ini, dibandingkan dengan model wakaf tradisional, cakupan mobilisasi akan lebih merata kepada anggota masyarakat, yaitu berupa aset fisik yang biasanya dilakukan oleh keluarga yang relatif kaya. Salah satu model yang dapat dikembangkan dalam mobilisasi wakaf tunai adalah model endowment fund, yaitu menghimpun dana dari berbagai sumber dengan berbagai cara yang legal dan legal. Kemudian, sejumlah besar dana yang terkumpul diinvestasikan dengan cara yang sangat aman melalui lembaga penjaminan syariah.


2021 ◽  
Vol 19 (3) ◽  
pp. 396-407
Author(s):  
Yulia Petlenko ◽  
Andriy Stavytskyy ◽  
Ganna Kharlamova

The COVID-19 has put higher education institutions in a new situation and identified bottlenecks in the financial structure of institutions and education systems in general. However, for Ukrainian universities, this situation can be seen as an opportunity to achieve financial autonomy. This study is devoted to the consideration of a possible tool for the financial autonomy of Ukrainian classical universities, most of which are state-funded. The paper considers the methodology of a possible tool for the accumulation of external financing – the endowment fund. The case analysis and analytical consideration of world practice are applied. As a result, a model for financing the university in its transition to the innovation and entrepreneurship model is proposed as the chain “endowment fund – development of start-ups”. This example can become the basis of the road map for other national HEIs, as well as the practice of wider use in the field of higher education. However, despite most of the national classical universities have declared a course to an innovative development, which further raised the necessity of external funding, top management and general economic situation require more attention. As this transition to a new model of the university is taking place along with the financial stabilization and under economic and social upheavals, the formation of a new culture of online communication is necessary. Thus, the proposed model is the practical guideline of possible decisions but mostly the start-point for further discussion and research. AcknowledgmentThis paper is done in the framework of the grant project “Financial stabilization of classical universities in the context of the global consequences of the COVID-19 pandemic” funded by the National Research Foundation of Ukraine “Science for Human Security and Society” (2020-2021).


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