ANALYSIS OF WAQF MANAGEMENT AND ITS IMPACT ON COMMUNITY WELFARE

(Case Study at the Waqf Utilization Council PC Muhammadiyah Majenang)

Abstract

This research aims to analyze the optimization of waqf management at the PC Muhammadiyah Majenang Waqf Utilization Council based on Law Number 41 of 2004 concerning Waqf, and examine its impact on community welfare. Effective and efficient waqf management is expected to increase the contribution of waqf in social and economic development. This research method uses a qualitative approach with descriptive analysis. Data was obtained through literature studies, interviews with related parties, field observations, and documentation. The results of this research indicate that the implementation of Law no. 41 of 2004 still faces various challenges, such as a lack of public understanding about waqf, limited human resources, and low transparency and accountability in waqf management. However, with the right optimization strategy, such as increasing the capacity of nazhir (waqf managers), using information technology, and collaborating with sharia financial institutions, waqf management can be more effective and have a positive impact on community welfare. This research concludes that optimizing waqf management based on Law No. 41 of 2004 can make a significant contribution to improving community welfare, especially in the fields of education, health and the economy.