Development Strategy of Islamic Boarding Schools-based Waqf (Case Study: Islamic Boarding Schools of Daarut Tauhiid, Bandung)

Development Strategy of Islamic Boarding Schools-based Waqf (Case Study: Islamic Boarding Schools of Daarut Tauhiid, Bandung)

  • Danu Chandra Saputra School of Business, IPB University
  • Laily Dwi Arsyianti Department of Islamic Economics, Faculty of Economics and Management, IPB University
  • Imam Teguh Saptono School of Business, IPB University
Keywords: analytical network process (ANP), business model canvas (BMC), Islamic boarding schools, SWOT, waqf

Abstract

Management of Waqf by individual collectors dominates Waqf management in Indonesia. However, since Waqf laws stated that The individual and an institution could manage Waqf, the opportunity to develop Waqf is more open for Waqf institutions. One of the established Waqf institutions is the Daarut Tauhiid Waqf institution. This study aims to identify and analyze existing strategies and generate development strategies for Islamic Boarding School-based Waqf. The research method used was descriptive qualitative by using Business Model Canvas (BMC), Strength Weakness Opportunity Threat (SWOT), and Analytical Network Process (ANP) approaches. The researchers conducted this study in Daarut Tauhiid Islamic Boarding School Bandung from November 2020 to March 2021. The respondents were practitioners, namely the director and staff of Daarut Tauhiid Waqf institution, regulators from the Ministry of Religion, and academics from universities in Bogor and Jakarta. Data were collected from in-depth interviews and questionnaires from respondents. The most important development strategy to be implemented in the Daarut Tauhiid Waqf institution is the development of human resources competency. Therefore, competent human resources can establish a trusted, professional, and trustworthy team managing Waqf-based Islamic boarding schools.

References

Ambrose, A. H. A. A., Hanafi, H., & Hassan, M.A.G. (2018). A proposed model for Waqf financing public goods and mixed public goods in Malaysia. International Journal of Islamic and Middle Eastern Finance and Management, 11(3), 395 - 415. Doi: https://doi.org/10.1108/IMEFM-01-2017-0001

Amin, A. M., Baga, L. M., & Tinaprilla, N. (2018). Business model planning strategy for architectural consulting services and contractor services PT. Architecria Media Cipta. IKM Management Journal, 13(1), 55 – 65. Doi: https://doi.org/10.29244/mikm

Bismala, L., & Handayani, S. (2014). MSME management model based on SWOT analysis. Proceedings of the National Seminar PB3I ITM 2014, (437 - 446). Retrieved from: https://123dok.com/document/q2k006jq-model-manajemen-umkm-berbasis-analisis-s.html

[BWI] Indonesian Waqf Board. (2019, September 9). BWI: The potential of Waqf assets reaches Rp. 2.000 trillion per year. Republika.Co.Id. Retrieved from :

(https://republika.co.id/berita/dunia-islam/wakaf/19/09/30/pymexa383-bwi-poten si-aset-wakaf-capai-rp-2000-triliun-per-tahun)

David, F. R. (2011). Strategic Management Concepts and Cases (3rd ed). Florence: Pearson.

Dudin, M. N., Kutsuri, G. N., Fedorova, I. J., Dzusova, S. S., & Namitulina, A. Z. (2015). The innovative business model canvas in the system of effective budgeting. Asian Social Science, 11(7), 290 - 296. Doi: https://dx.doi.org/10.5539/ass.vlln7p290

Fadilah, S. (2015). Going concern : an implementation in Waqf institutions (religious charitable endowment), Procedia - Social Behavioral and Sciences, 211 (2015), 356 – 363. Doi: https://doi.org/10.1016/j.sbspro.2015.11.046

Hairunnisa, D., Senjiati, I. H., & Hidayat, Y. R. (2020). The influence of the perception of the congregation of the Daarut Tauhiid Mosque in Bandung on the interest in cash Waqf in the Daarut Tauhiid Waqf. Sharia Economic Law Proceedings, 6(2), 625-631. Doi: http://dx.doi.org/10.29313/syariah.v6i2.24131

Hambali. (2014). Globalization and pesantren education. Al-Ta’lim, 13(2), 213– 233.

Haura, A. (2015). Analysis of cash Waqf management in Islamic financial services cooperatives (analytical network process approach). [Theses]. Bogor(ID): Institut Pertanian Bogor.

Hidayat, R. (2020). Ziswaf as an Islamic public financial instrument. MES Expert Webinar Series 1.2020 Des 24.

Ihsan, H., & Ibrahim, S. H. M. (2011). Waqf accounting and management in Indonesian Waqf institution (The cases of two Waqf foundations). Humanomics, 27(4), 252 – 269. Doi: https://doi.org/10.1108/08288661111181305

Ilyas, M. (2017). Professional Nadzir Waqf in economic empowerment. Journal of Al-Qadau. 4 (1), 71 - 94.

Kasdi, A. (2014). Nadzir's role in the development of Waqf. Journal of Zakat and Waqf, 1(2), 213-226.

Khosim, A., & Busro. (2018). The concept of nazhir professional Waqf and its implementation in NU and Muhammadiyah Waqf institutions. Al-Awqaf, 11(1), 49 - 74. Doi: https://doi.org/10.47411/al-awqaf.v11i1.28

Mahat, M. A., Jaaffar, M. Y., & Rasool, M. S. A. (2015). Potential of micro - Waqf as an inclusive strategy for development of a nation. Procedia Economics and Finance, 31 (2015) 294 -302. Doi: https://doi.org/10.1016/S2212-5671(15)01193-4

Mochtar, A. (2019). Pesantren change patterns and models. EduProf, 1(1), 87 - 94

Mohammad, M. T. S., & Iman, A. H. M. (2017). Waqf as a framework for enterpreneurship. Humanomics, 33(4), 419 - 440. Doi: http://dx.doi.org/10.1108/H-01-2017-0015

Osterwalder, A., & Pigneur, Y. (2010). Business Model Generation. United States of America(ID): John Wiley & Sons, Inc.

Ojaselo, K., & Ojasalo, J. (2018). Service logic Business Model Canvas. Journal of Research in Marketing and Enterpreneurship. Doi: https://doi.org/10.1108/JRME-06-2016-0015

Pitchay, A. A., Thaker, M. A. M., Mydin, A., Azhar, Z., & Latif, A. R. A. (2018). Cooperatif-Waqf model : a proposal to develop idle Waqf lands in Malaysia. ISRA International Journal of Islamic Finance, 10(2), 225-236. Doi: http://dx.doi.org/10.1108/IJIF-07-2017-0012

Poeppelbuss, J., & Durst, C. (2019). Smart service canvas - a toll for analyzing and designing smart product - service systems. Journal of Elsevier, 324-329. Doi: https://doi.org/10.1016/j.procir.2019.04.077

Rahmawati, Y. (2011). Reflection on the sharia distribution system in zakat and Waqf institutions in the Indonesian economy. Al-Iqtishad, 3(1), 93 – 112. Doi: 10.15408/aiq.v3i1.2498

Razak, S. H. A. (2019). Zakat and Waqf as instrument of Islamic wealth in poverty alleviation and redistribution case of Malaysia. International Journal of Sociology and Social Policy. Doi: 10.1108/IJSSP-11-2018-0208

Rohmaningtyas, N. (2018). Islamic boarding school-based Waqf collection: a case study in the modern Darussalam Gontor Islamic boarding school and the Tazakka modern boarding school. Sharia Economics Journal. 1(1), 1 – 21. E-ISSN: 2620-9535.

Rusydiana, A. A., & Devi, A. (2013). Analytic Network Process pengantar teori dan aplikasi. Bogor(ID): Sharia Economic Applied Research and Training (SMART) Consulting

Safitri, A.W. (2020). Nadzir's Institutional Model in the management of productive Waqf in Indonesia. [Theses]. Jakarta(ID): UIN Syarif Hidayatullah Jakarta.

Saaty, T. L. (2006). The Analytic Network Process. Pittsburgh. ResearchGate. Publication.

Sifrul, A. (2018). Waqf management and Nadzir's strategy in advancing Waqf pesantren (comparative study between Darunnajah Islamic Boarding School and Daarul Qur'an Islamic Boarding School). [Theses]. Jakarta(ID): Institut Ilmu Al-Qur'an Jakarta.

Setirek, A. C., & Tanrikulu, Z. (2020). Digital innovation-driven business model regeneration: a process model. Technology in Society, 64, 101461. Doi : https://doi.org/10.1016/j.techsoc.2020.101461

Suhendi, H. (2018). Optimization of Waqf as a source of funds for pesantren through institutionalization of Waqf (case study of institutionalization of Waqf in Baitul Hidayah pesantren). Tahkim, Journal of Islamic Civilization and Law, 1(1), 1 - 20. ISSN: 2597-7962

Suhaimi, F. M., & Suhaimi, A. F. M. (2020). Development of Waqf land for economic development: Is a hotel a viable project?. Malaysian Journal of Syariah and Law, 8(1). ISSN : 1985-7454

Suradi, A. (2017). Transformation of Islamic boarding schools (analysis of the impact of the transformation of the education system on the cultivation of the five souls of Islamic boarding schools for students in Bengkulu Province). Tadris. 12(2), 272 - 297

Syafe'I, I. (2017). Islamic boarding school: Character building educational institutions. Al-Tadzkiyyah: Journal of Islamic Education, 8(1), 85-103. Doi: https://doi.org/10.24042/atjpi.v8i1.2097

Setyasalma, H., & Muflikhati, I. (2019). Financial management and assets ownership toward subjective well-being on enterpreneurial family. Journal of Consumer Science, 4(1), 25 - 36. Doi: https://doi.org/10.29244/jcs.4.1.25-36

Syaikh, S. A., Ismail, A. G., & Shafia, M. H. M. (2017). Application of Waqf for social and development finance. ISRA International Journal of Islamic Finance, 9(1), 5 - 14. http://dx.doi.org/10.1108/IJIF-07-2017-002

Zauro, N. A., Saad, R. A. J., & Ahmi, A. (2020). Integration of Waqf towards enhanching financial inclusion and socio-economic justice in Nigeria. International Journal of Ethics and Systems, 36(4). Doi: http://dx.doi.org/10.1108/IJOES-04-2020-0054

Published
2021-08-31
How to Cite
Saputra, D. C., Arsyianti, L. D., & Saptono, I. T. (2021). Development Strategy of Islamic Boarding Schools-based Waqf (Case Study: Islamic Boarding Schools of Daarut Tauhiid, Bandung): Development Strategy of Islamic Boarding Schools-based Waqf (Case Study: Islamic Boarding Schools of Daarut Tauhiid, Bandung). Journal of Consumer Sciences, 6(2), 129-150. https://doi.org/10.29244/jcs.6.2.129-149