Analisis Cash Waqf Linked Sukuk (Cwls) Dalam Perspektif Maqâshid Asy-Syarî’ah

Abstract

Cash Waqf Linked Sukuk (CWLS) is a new creative financing product from Indonesia and the first in the world, which has a lasting impact. In Indonesia, the use of productive waqf is an indicator of a progressive increase in waqf, because if the assets are managed, they can generate economic benefits. On the other hand, seeing the significant and significant contribution of Cash Waqf Linked Sukuk (CWLS) in developing the people's economy, and supported by the nature of innovation as the main character, it is necessary to analyze the suitability of the contract used and its mechanism based on the Maqâshid ash-Syarî'ah principle. . This study uses library research methods (library research). The data sources used are primary and secondary data. The data were analyzed using descriptive analysis method. The results of this study indicate that: based on a review from the perspective of Maqâshid ash-Syarî'ah Cash Waqf Linked Sukuk (CWLS) transactions are included in the category of ifdz al-mâl at the level of al-hâjiyyât and ifdz ad-dîn at the level of al-hâjiyyât.