The Role of Waqf in Supporting the Achievement of Sustainable Development Goals (SDGs)

Abstract

Waqf as one of the Islamic financial instruments has great potential in supporting the achievement of Sustainable Development Goals (SDGs). This study aims to analyze the contribution of waqf in achieving sustainable development goals, with a focus on the sectors of poverty alleviation, education, health, and environmental sustainability. Through a qualitative approach with a literature study method, this study examines related literature to describe the relationship between the concept of waqf and its implementation in supporting SDGs. The data analyzed include research results, waqf institution reports, and relevant policies. The results of the study indicate that waqf, especially through innovations such as productive waqf, has the ability to fund development programs sustainably. However, challenges in regulation, public awareness, and management still need to be overcome. With good management, supportive regulations, and synergy between the government, waqf institutions, and the community, waqf can be the main driving force in achieving sustainable development goals.