Integrate New Technologies to Waqf for Establish Digital Waqf The “Djamaa Al Waqf” as a model

Abstract

The aim of this study is to establish the groundwork for a comprehensive scientific model tailored to a digital platform dedicated to Waqf, intending to serve as a fundamental framework for the widespread adoption of digital Waqf initiatives across Muslim-majority nations. To achieve this objective, the study predominantly relied on the normative method, facilitating the development of informed perspectives on the concept of "Digital Waqf." Additionally, conceptual analysis was employed to introduce novel terminologies pertinent to the intersection of technology with the traditional institution of Waqf. In this context, "Digital Waqf" emerges as a pivotal instrument that harmonizes the preservation of Islamic cultural heritage, notably the institution of Waqf, with state-of-the-art technological advancements. By integrating cutting-edge technologies such as Distributed Ledgers, Smart Contracts, and Non-Fungible Tokens, the concept of "Digital Waqf" seeks to modernize and enhance the traditional practices associated with Waqf management and administration. At the heart of this endeavor lies the conceptualization of a model for the "Digital Waqf" platform, coined as "Djamaa Al Waqf," which aims to centralize all aspects of Waqf creation and management while mitigating existing disparities among its stakeholders. The envisioned "Digital Waqf" platform represents a pragmatic and scientifically grounded model adaptable to the diverse socio-economic contexts of Muslim nations. Its prospective implementation holds the promise of substantial improvements in both the conceptualization and execution of Waqf initiatives. As a result, a primary recommendation stemming from this research underscores the imperative of fostering increased collaboration among researchers, governmental authorities, and Waqf stakeholders to sustain the momentum and progression of the "Digital Waqf" endeavor. This collaborative effort is poised to redefine the trajectory of Waqf and philanthropy, serving as a potent catalyst for fostering inclusivity and sustainable development within the Waqf ecosystem. By encapsulating traditional principles of Waqf within a digital framework empowered by cutting-edge technologies, the "Digital Waqf" platform not only preserves the essence of Islamic endowment but also paves the way for its seamless adaptation to contemporary socio-economic landscapes. Through streamlined processes facilitated by advanced digital infrastructure, "Djamaa Al Waqf" promises to revolutionize the accessibility, transparency, and efficacy of Waqf management, thereby unlocking its transformative potential across diverse communities and regions. In essence, the culmination of this study heralds a paradigm shift in the perception and practice of Waqf, propelling it towards a future characterized by innovation, efficiency, and inclusivity. By embracing the digital realm, Waqf transcends conventional boundaries, emerging as a dynamic force driving socio-economic progress and societal well-being within the Muslim world and beyond. It represents not only a technological evolution but also a reaffirmation of the enduring relevance and adaptability of Islamic principles in contemporary contexts, thereby bridging the gap between tradition and modernity in the realm of philanthropy and social welfare.

Keywords

• digital waqf
• digital waqf asset
• distributed ledger technology
• smart contract