Waqf Funds Builds Life and Prosperity

Awqaf is not limited to mosques, madrassas and tombs, but there are many other examples that of utilization of waqf. Global Wakaf-ACT has proven that waqf funds can reap immense benefits and support the community through productive awqaf.

One of the farmers who benefit from the Agricultural Waqf Well. (ACTNews)

ACTNews, JAKARTA – The Covid-19 pandemic has been sweeping through Indonesia for over half a year. The outbreak not only affects health but also various other aspects of life, including economy. Several efforts have been made to restore the declining economic condition to prevent a wider impact.

As a humanitarian institution, Aksi Cepat Tanggap, through Global Wakaf, also strives to bring best assistance to the community during the pandemic. Using waqf funds managed by Global Wakaf, various initiatives were made, one of which is the provision of capital assistance to MSME owners through Waqf for Micro Business Capital program.

From August 21 to November 7, over 1,100 business owners have received capital assistance. The kinds of business vary from food producers to food and beverages. They come from 44 cities / regencies in 22 provinces throughout Indonesia.

"This program is funded by waqf funds managed by Global Wakaf – ACT. One may ask, ‘how can waqf funds be utilized as business capital?’ The answer to that question is that we maintain the principal of the funds as it will be repaid by our beneficiaries,” explained Wahyu Nur Alim from the Global Wakaf-ACT team, Tuesday (11/10).

A farmer in Sigi showing his fruitful crop. The land is irrigated through the Agricultural Waqf Well that ACT built in Sigi. (ACTNews)

In addition to the capital assistance, Global Wakaf also initiated a program to support Indonesian farmers, namely the Masyarakat Produsen Pangan Indonesia (Indonesian Food Producer Society/MPPI). The program serves as a means to assist farmers through waqf funds. By November, there are already 7 MPPI chapter with the total member of 303 farmers. This program reflects the multiple uses of waqf that can benefit many.

The rice from the farms that are supported by waqf funds is partly used for ACT’s staple distribution program, including the SKPI and BERISI programs. From March 19 to November 7, around 250,000 kilograms of Waqf Rice have been distributed to the needy in in 57 cities and regencies. Over 23,000 kilograms of Waqf Rice have benefitted Islamic boarding schools throughout Indonesia.

"Through the SKPI and BERISI Programs alone, we have benefitted 225,000 people, and the beneficiaries will grow as the programs go on,” explained Danu Putra Anugrah from Global Wakaf-ACT, Tuesday (11/10).

Besides food, waqf funds has also been utilized to support drinking water production. Global Wakaf – ACT produces and distributes free drinking water named the Waqf Drinking Water. The waqf drinking water is available to the public at several public locations such as Islamic boarding schools, mosques, and madrasas.

Global Wakaf also provides clean water through the Waqf Well program that includes public water wells, family wells, and agricultural wells. The main beneficiaries of this program are communities in drought-stricken areas, such as Gunungkidul in the southern part of Yogyakarta Province. In this regency, drought is prevalent. The soil consists of mostly limestone, making it difficult to dig water wells. It takes tens to hundreds of meters to reach the water sources.

Danu added, Global Wakaf’s products and programs reflects the massive roles of waqf in reviving the economy. "Waqf is part of Islamic acts of worship that also serves to improve the economy of the people through its productive implementation. Global Wakaf invites all elements of the nation to contribute in this acts of kindness," said Danu. []