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NATIONAL WAQF-BASED FOREST INDEX: TOWARDS ENVIRONMENTAL SUSTAINABILITY AND COMMUNITY EMPOWERMENT THROUGH SHARIA FINANCIAL INNOVATION

JEBIS (Jurnal Ekonomi dan Bisnis Islam) · Vol. 11 No. 2 (2025) · hlm. 478–504

DOI
10.20473/jebis.v11i2.72676
ISSN
2527-3027, 2442-6563
Terbit
2025-11-30
Penerbit
Universitas Airlangga
Bahasa
eng
Lisensi
creativecommons.org/licenses/by-nc-sa/4.0

Abstrak

Currently, the existing concepts of waqf management and forest management are still separated. It creates an opportunity to develop the concept of waqf-based forest management. This study aims to develop a National Waqf-based Forest Index (NWFI) as a standardized tool to measure the performance of waqf-based forest management practices. This research is a quantitative study that began with preliminary research and was followed by interviews with seven experts using the Analytical Hierarchy Process (AHP). Based on preliminary research, the index comprises five dimensions: institution (with three aspects), process (with three aspects), system (with three aspects), outcome (with twelve aspects), and impact (with three aspects). It is found in the AHP analysis that the institution and process dimension is considered the most important aspect for waqf-based forests, with an importance score of 0.227, followed by the system and impact dimension (0.197), and the outcome dimension (0.152). Based on the consistency rate, all experts' assessments were consistent. Regarding rater agreement, the outcome dimension and several indicators related to the environment and social facilities achieved the highest level of agreement (W ~0.400–0.500), whereas other dimensions and aspects, such as expert opinions, showed significant dispersion. In conclusion, this waqf-based forest index has the potential to strengthen the role of Islamic finance in supporting sustainable projects by providing the basic practical tool for the waqf-based forest nazhir and policy-makers to assess waqf-based forest management and construct future good nazhir governance. Further research and pilot projects are important to evaluate its effectiveness in measuring waqf-based forest management practically.

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  • Universitas Airlangga
  • Universitas Halu Oleo
  • Universitas Syiah Kuala
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Rekan penulisOrganisasiArtikel bersama
Novysa BasriAfiliasi tidak diketahui2
Aida FitriAfiliasi tidak diketahui2
Rudy Juli SaputraAfiliasi tidak diketahui2
Ruth ElitaAfiliasi tidak diketahui2
Fathiyyah LaylaAfiliasi tidak diketahui2
Chelsy NaristyaAfiliasi tidak diketahui2
Zulfhan AkbarAfiliasi tidak diketahui2
Fakhri YacobAfiliasi tidak diketahui2
Nurul HudaAfiliasi tidak diketahui2
Muhammad QodriAfiliasi tidak diketahui2
Immas NurhayatiAfiliasi tidak diketahui2
Ida FitriaAfiliasi tidak diketahui2
Nisful LailaUniversitas Airlangga2
Al Asy Ari Adnan HakimAfiliasi tidak diketahui1
Makmur KambolongUniversitas Halu Oleo1
Candra Puspita NingtyasAfiliasi tidak diketahui1
Erniwati ErniwatiAfiliasi tidak diketahui1
Vivi Hastuti Rufa MongkitoAfiliasi tidak diketahui1
Muh. YurisAfiliasi tidak diketahui1
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Vinny AryeshaAfiliasi tidak diketahui1
Fina MeilinarAfiliasi tidak diketahui1
Husnul Khatimah AdnanAfiliasi tidak diketahui1
Khairil RazaliAfiliasi tidak diketahui1
Syafryadin SyafryadinAfiliasi tidak diketahui1
Zuhairo MahmudaAfiliasi tidak diketahui1
Amla AlankritaAfiliasi tidak diketahui1
Andriansyah AndriansyahUniversitas Syiah Kuala1
Mukhlis MukhlisAfiliasi tidak diketahui1
Riska RindayaniAfiliasi tidak diketahui1
Hilman AsyrafiAfiliasi tidak diketahui1
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Sumber metadata: OAI-PMH (metadata jurnal) https://e-journal.unair.ac.id/JEBIS/oai, pertama di-harvest 8 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en-US">NATIONAL WAQF-BASED FOREST INDEX: TOWARDS ENVIRONMENTAL SUSTAINABILITY AND COMMUNITY EMPOWERMENT THROUGH SHARIA FINANCIAL INNOVATION</dc:title>
	<dc:creator>Ali, Khalifah Muhamad</dc:creator>
	<dc:creator>Tanjung, Hendri</dc:creator>
	<dc:creator>Sukmana, Raditya</dc:creator>
	<dc:creator>Sari, Indah Fresma</dc:creator>
	<dc:creator>Jannah, Miftahul</dc:creator>
	<dc:creator>Mustaqimah, Mu'minah</dc:creator>
	<dc:subject xml:lang="en-US">Good nazhir governance</dc:subject>
	<dc:subject xml:lang="en-US">National Waqf-based forest index</dc:subject>
	<dc:subject xml:lang="en-US">Waqf-based forest</dc:subject>
	<dc:subject xml:lang="en-US">Waqf forest</dc:subject>
	<dc:description xml:lang="en-US">Currently, the existing concepts of waqf management and forest management are still separated. It creates an opportunity to develop the concept of waqf-based forest management. This study aims to develop a National Waqf-based Forest Index (NWFI) as a standardized tool to measure the performance of waqf-based forest management practices. This research is a quantitative study that began with preliminary research and was followed by interviews with seven experts using the Analytical Hierarchy Process (AHP). Based on preliminary research, the index comprises five dimensions: institution (with three aspects), process (with three aspects), system (with three aspects), outcome (with twelve aspects), and impact (with three aspects). It is found in the AHP analysis that the institution and process dimension is considered the most important aspect for waqf-based forests, with an importance score of 0.227, followed by the system and impact dimension (0.197), and the outcome dimension (0.152). Based on the consistency rate, all experts' assessments were consistent. Regarding rater agreement, the outcome dimension and several indicators related to the environment and social facilities achieved the highest level of agreement (W ~0.400–0.500), whereas other dimensions and aspects, such as expert opinions, showed significant dispersion. In conclusion, this waqf-based forest index has the potential to strengthen the role of Islamic finance in supporting sustainable projects by providing the basic practical tool for the waqf-based forest nazhir and policy-makers to assess waqf-based forest management and construct future good nazhir governance. Further research and pilot projects are important to evaluate its effectiveness in measuring waqf-based forest management practically.</dc:description>
	<dc:publisher xml:lang="en-US">Universitas Airlangga</dc:publisher>
	<dc:date>2025-11-30</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en-US">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:format>text/xml</dc:format>
	<dc:identifier>https://e-journal.unair.ac.id/JEBIS/article/view/72676</dc:identifier>
	<dc:identifier>10.20473/jebis.v11i2.72676</dc:identifier>
	<dc:source xml:lang="en-US">Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business); Vol. 11 No. 2 (2025): JULY - DECEMBER 2025; 478-504</dc:source>
	<dc:source>2527-3027</dc:source>
	<dc:source>2442-6563</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://e-journal.unair.ac.id/JEBIS/article/view/72676/34672</dc:relation>
	<dc:relation>https://e-journal.unair.ac.id/JEBIS/article/view/72676/36496</dc:relation>
	<dc:rights xml:lang="en-US">http://creativecommons.org/licenses/by-nc-sa/4.0</dc:rights>
</oai_dc:dc>