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Cash Waqf in the Halal Blue Economy Sector: A Comparative Study of Indonesia and Malaysia

Mazahib Jurnal Pemikiran Hukum Islam · Vol. 24 No. 1 (2025) · hlm. 156–181

DOI
10.21093/mj.v24i1.10035
ISSN
2460-6588, 1829-9067
Terbit
2025-06-17
Penerbit
Fakultas Syariah UIN Sultan Aji Muhamamd Idris Samarinda
Bahasa
eng

Abstrak

This study aims to investigate the potential and difficulties of using cash waqf-based sukuk in the growth of the halal industry in the maritime sectors of two nearby nations, Malaysia and Indonesia. Green and blue sukuk have been combined in both nations to aid in the government's endeavors to accomplish the Sustainable Development Goals (SDGs). The main topics of this study's comparative analysis of the policies and strategies in both nations are the implementation mechanisms of cash waqf in supporting blue economy projects and the opportunities and problems encountered. Direct stakeholder observations, interviews, and focus groups in Malaysia and Indonesia provided the research data. Although each nation has a unique method of implementation and regulation, the research findings demonstrate parallels in using cash waqf for sustainable economic growth. Although the integration of green sukuk into blue sukuk has not yet been optimally implemented due to political and theological factors, two Muslim nations with the largest populations and the largest maritime territories have also become pioneers in using cash waqf among Muslim nations worldwide.

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  • Universitas Islam Negeri Sultan Maulana Hasanuddin Banten
  • Universiti Teknologi MARA
  • Padjadjaran University
  • University of Malaya
  • World Islamic Sciences and Education University
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Rekan penulisOrganisasiArtikel bersama
Ahmad Jamaludin JambunandaPadjadjaran University2
Ahmad ZainiUniversitas Islam Negeri Sultan Maulana Hasanuddin Banten1
Dedi SunardiUniversitas Islam Negeri Sultan Maulana Hasanuddin Banten1
Asep PudoliUniversitas Islam Negeri Sultan Maulana Hasanuddin Banten1
Endad MusaddadUniversitas Islam Negeri Sultan Maulana Hasanuddin Banten1
Mohd Norhusairi Mat HussinUniversity of Malaya1
Ahmad SanusiUniversitas Islam Negeri Sultan Maulana Hasanuddin Banten1
Syifa Elrahmah BasyaUniversitas Islam Negeri Sultan Maulana Hasanuddin Banten1
Dian FebriyaniUniversitas Islam Negeri Sultan Maulana Hasanuddin Banten1
Edi HusinWorld Islamic Sciences and Education University1

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Sumber metadata: OAI-PMH (metadata jurnal) https://journal.uinsi.ac.id/index.php/mazahib/oai, pertama di-harvest 9 Nov 2026, terakhir terlihat 9 Nov 2026.
Metadata asli (oai_dc)
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	<dc:title xml:lang="en">Cash Waqf in the Halal Blue Economy Sector: A Comparative Study of Indonesia and Malaysia</dc:title>
	<dc:creator xml:lang="en">Ishom, Muhammad</dc:creator>
	<dc:creator xml:lang="en">Muttaqin, Entol Zainal</dc:creator>
	<dc:creator xml:lang="en">Atikah, Ika</dc:creator>
	<dc:creator xml:lang="en">Ghazali, Nasrun Mohamad</dc:creator>
	<dc:creator xml:lang="en">Rohmawati, Cucum</dc:creator>
	<dc:subject xml:lang="en">Cash Waqf</dc:subject>
	<dc:subject xml:lang="en">Halal Industry</dc:subject>
	<dc:subject xml:lang="en">Blue Economy</dc:subject>
	<dc:description xml:lang="en">This study aims to investigate the potential and difficulties of using cash waqf-based sukuk in the growth of the halal industry in the maritime sectors of two nearby nations, Malaysia and Indonesia. Green and blue sukuk have been combined in both nations to aid in the government's endeavors to accomplish the Sustainable Development Goals (SDGs). The main topics of this study's comparative analysis of the policies and strategies in both nations are the implementation mechanisms of cash waqf in supporting blue economy projects and the opportunities and problems encountered. Direct stakeholder observations, interviews, and focus groups in Malaysia and Indonesia provided the research data. Although each nation has a unique method of implementation and regulation, the research findings demonstrate parallels in using cash waqf for sustainable economic growth. Although the integration of green sukuk into blue sukuk has not yet been optimally implemented due to political and theological factors, two Muslim nations with the largest populations and the largest maritime territories have also become pioneers in using cash waqf among Muslim nations worldwide.</dc:description>
	<dc:publisher xml:lang="en">Fakultas Syariah UIN Sultan Aji Muhamamd Idris Samarinda</dc:publisher>
	<dc:date>2025-06-17</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.uinsi.ac.id/index.php/mazahib/article/view/10035</dc:identifier>
	<dc:identifier>10.21093/mj.v24i1.10035</dc:identifier>
	<dc:source xml:lang="en">Mazahib; Vol. 24 No. 1 (2025): VOLUME 24,  ISSUE 1, 2025; 156-181</dc:source>
	<dc:source>2460-6588</dc:source>
	<dc:source>1829-9067</dc:source>
	<dc:source>10.21093/mj.v24i1</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uinsi.ac.id/index.php/mazahib/article/view/10035/3306</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2025 Muhammad Ishom, Entol Zainal Muttaqin, Ika Atikah, Nasrun Mohamad Ghazali; Cucum Rohmawati</dc:rights>
</oai_dc:dc>