The potential of using smart contracts in cash waqf on blockchain

Saleh, Abdulmajid Obaid Hasan and Misbahudin Muayyad, Deden and Al-Shaghdari, Fahd Mohammed Obad (2023) The potential of using smart contracts in cash waqf on blockchain. Al-Qanatir International Journal of Islamic Studies, 32 (2). pp. 50-59. E-ISSN 2289-9944

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Abstract

This paper attempts to explore and analyze the concept of cash waqf using smart contracts. This paper seeks to see to what extent blockchain can be leveraged to more effectively and efficiently mobilize the collection of cash waqf. The method used in this paper is a descriptive-qualitative method using secondary sources. Through research, the results show that to further increase public interest in cash waqf, blockchain technology should become a structured system through smart contracts, and its management should be centralized. The contribution of this research to society is to make it easier for people to pay cash waqf so that the number of cash waqf increases. In addition, this research contributes to the development of technology-based waqf.

Item Type:	Article (Journal)
Uncontrolled Keywords:	Blockchain, Smart, Contract, Cash, Waqf
Subjects:	H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr. Fahd Mohammed Obad Al-shaghdari
Date Deposited:	22 Dec 2023 16:22
Last Modified:	22 Dec 2023 17:05
URI:	http://irep.iium.edu.my/id/eprint/109100

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