Build Operate Transfer Development Model of Waqf Land for Providing Affordable Houses
Journal Title: International Journal of Social Science And Human Research - Year 2022, Vol 5, Issue 03
Abstract
As the largest Muslim country in the world, Indonesia, waqf land is calculated at approximately 4.2 billion square meters and cash waqf has a value of at least 180 trillion rupiahs per year. The huge potential of waqf has pushed the government to make it as one of the supporting elements of the national economy. The purpose of this paper is to contribute ideas to the government and other stakeholders such as the Indonesian Waqf Board (BWI) and the nazhirs to see the potential of waqf land in providing affordable housing for communities around the waqf land and utilizing waqf land as sources of land provision. The research method used was normative juridical by approaching the legislation governing waqf land, housing, and civil law, especially contract law. Comparative studies were also used in order to sharpen the analysis in order to develop existing models through the Build Operate Transfer (BOT) approach. The results showed that with the Build operate transfer system, the use of waqf land involving nazhir components, BWI, and investors supported by professional institutions such as notaries/PPAT, lawyers, accountants, bankers, and appraisals will open more opportunities for utilization to make positive contributions, both for the waqf land itself, nazhir and the benefit of the people. This needs to be supported by increasing the professionalism of BWI for the development of BWI organizations, which is carried out by developing the waqf legal system through regulations at the Presidential Regulation level that regulate the management of abandoned waqf lands.
Authors and Affiliations
Nova Monaya, Adi Sulistiyono, Burhanudin Harahap
Keywords
Related Articles
- EP ID EP703888
- DOI 10.47191/ijsshr/v5-i3-20
- Views 132
- Downloads 0
Legal Implications of Using Artificial Intelligence (AI) Technology in Electronic Transactions
The advancement of technology, including the use of Artificial Intelligence (AI) in everyday life, has brought about significant changes and substantial impacts, especially in electronic transactions and law. While the u...
Working from Home or Working from Office Understanding Time Management Importance and its Effect on the Job Outcomes in the Engineering Career Field
Time is a vital resource available to all human beings. The current research, therefore, aims to clarifies the relationship between time management and the quality of production, the disclosure of how the engineer organi...
Development of Scientific-Based Indonesian Teaching Materials to Train Communication Skills of Physics Education Students FKIP Pattimura University Ambon
This study aims to produce teaching materials based on a scientific approach to train student communication skills. The research design used the Kemp model which was tested on first semester students of 2020 with a total...
The Effect of Situational Leadership on Teacher Professional Competence Through Work Culture and Work Communication State Elementary School Teacher, Rantau Badauh District, Barito Kuala Regency
Teacher Professional Competence is effectd by individual factors, and outside the individual such as high and low culture in work so that it will have a good impact on the achievement of the teacher, work discipline and...
Moral and Intellectual Integration in Islamic College
The conceptualization of moral and intellectual integration in digital education at Islamic religious universities is carried out by conceptualizing moral and intellectual integration in digital education. Intellectual m...