Islamic Public Finance: Waqf Perspective
Atina Shofawati
Faculty of Economics and Business
Universitas Airlangga
Abstract
Government in Prophet era has many sources of fund for conducting activity to manage country. Islam has many sources of fund to operate the governance which is known as Islamic public finance. One of the source of Islamic public finance which is suitable until now is zakat and waqf. This paper emphasizes the waqf as source of public finance. This paper has purpose to describe the role of waqf as source of Islamic public finance. This paper uses descriptive qualitative method with literature review approach. The result of this paper can describe the role of waqf as source of public finance to achieve the welfare of society.
Keywords: Waqf, Public Finance, Islamic Public Finance
Topic: Islamic Finance and Banking