Indonesia's key initiatives in waqf financing
Multiple stakeholders across Indonesia are gearing up to boost social Islamic financing in the country, especially for waqf purposes.
The latest initiative comprises organizing awqaf business matching exercises between relevant stakeholders, such as nadzir (waqf manager), mauquf alaih (waqf recipient), entrepreneurs and investors.
Indonesia’s National Sharia Economy and Finance Committee (KNEKS) and Gerakan Wakaf Indonesia assembled more than 32 participants from nadzir, entrepreneur and investor circles around Jakarta, West Java, Central Java and East Java on August 12, KNEKS’s Sharia social finance director, Ahmad Juwaini told Salaam Gateway.
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