Analysis of Problems and Solutions for Low Cash Waqf in Indonesia Using Analytic Network Process Approach

Abstract

Purpose – The aim of the study is to examine the problem factors that influence the weakness of cash waqf and alternative solutions for managing cash waqf in detail and comprehensive both internally and externally in Indonesia.

Design/methodology/approach – this study used the Analytical Network Process (ANP) and was mapped using Problem-Solution Model by processing respondent data, which consists of seven experts and seven practitioners. The ANP framework is divided into four aspects, namely human resources, institutional, government and society. The four aspects are then divided into three clusters, namely the Problems, the Solutions and the Strategies internally and externally. 

Findings – The main result shows that the low level of cash waqf in Indonesia is because of the weak management system from internal factors in institutional problems; the main solution is strengthening the Indonesian Waqf Agency (BWI) from external government solutions; the main strategic priority is the application of information technology.

Research limitations/implications – The study invokes the attention of government, nazhir and society to improve cash waqf collection. They have to give proper attention to support cash waqf by increasing management system, professionalism, literacy, and budget. They should focus on strategies and solutions to cope with those problems internally and externally.

Originality/value – This study adds to the scarce literature on problems, solutions and strategies to cope with the problems of cash waqf using ANP methods in detail and comprehensively. The study contributes to the literature on the issue of the low cash waqf by reconfirming (or otherwise) findings of previous studies.