Zakat and Waqf in Local Economic Development Case Study in LAZISNU DIY

Abstract

Purpose — This research aims to explore and analyze the roles of zakat (charitable donations) and wakaf (endowments) in local economic development.

Method — The study adopts a qualitative approach with a case study research method. The research method utilized is a case study. This study will identify and analyze the practices of zakat and wakaf in the context of local economic development in specific regions or communities. Data will be collected through interviews with relevant parties, field observations, and analysis of relevant documents. The data will be qualitatively analyzed to identify the roles, impacts, and challenges associated with the utilization of zakat and wakaf in local economic development.

Result — This research is expected to provide valuable insights into the contributions of zakat and wakaf in local economic development and assist in formulating policy recommendations to enhance the effectiveness of fund utilization for the economic benefit of the local community.

Novelty — The main objectives of this research are to understand the roles of zakat and wakaf in local economic development, identify factors influencing the effectiveness of zakat and wakaf utilization in the context of local economic development, and recognize challenges that may arise in the implementation of zakat and wakaf in local economic development.