Development of cash waqf linked sukuk implementation: a new paradigm of productive waqf in Indonesia / Endang Jumali

This study aims to evaluate CWLS practices published by the Government, then propose improvements that can be made for the future development of CWLS instruments. This research is a type of literature study with a qualitative approach. This study uses literature from books, books, websites, journals, and previous research documents linked with the problems to be studied. The advantages of CWLS include all risks borne by the Government, the returns offered are quite cooperative because they are free of taxes, flexible in obtaining CWLS, and fully supported by various related agencies. Weaknesses in the CWLS studied in this study include human resources, in this case, Nazhir, who still needs to be classified as incompetent, especially in contemporary waqf science and Islamic Financial Institutions. There are only 27 institutions that are CWLS collection partners