MEASUREMENT OF THE WAQF CORE PRINCIPLES IMPLEMENTATION INDEX FOR NAZIR WAQF IN WEST SUMATARA PROVINCE, INDONESIA

Abstract

This research aims to measure the implementation of the Waqf Core principles among several Nazirs in West Sumatra Province, Indonesia. With these measurements, it can be seen what aspects need to be improved and developed in waqf management. The dimensions, indicators and variables used in this measurement refer to the WCP index measurement document developed by Tanjung et al in 2023. The method used is a survey using purposive sampling. The nazirs sampled were 5 nazirs who had been registered as cash waqf nazirs at the Indonesian Waqf Board. This research was carried out from July to October 2023. The result was that all nazir respondents had a total index value in the range of 0.230 to 0.309.  This means all nazir were in the poor category. The order of greatest index contribution is the governance dimension (0.102), followed by the core activities dimension (0.097), and the risk management dimension (0.067). As a recommendation, the aspect that is necessary and a priority to be improved in the management of waqf assets is the risk management aspect.

Keywords: Index, Implementation, Waqf Core Principles,