Cash Waqf Linked Sukuk (CWLS) for Food Security in Realizing Social Welfare

  • Dini Handayani and Sariyah
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  • Dini Handayani

    Lecturer at Faculty of Law, University of Sultan Ageng Tirtayasa, Indonesia

  • Sariyah

    Lecturer at Faculty of Law, University of Sultan Ageng Tirtayasa, Indonesia

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Abstract

The prevalence of food insecurity in a country is closely correlated with the overall well-being of the community. Consequently, addressing these issues is a shared responsibility that requires the engagement of all stakeholders. The Cash Waqf Linked Sukuk (CWLS) has the potential to serve as a social capital, facilitating the resolution of societal issues, including those pertaining to food security. In light of the aforementioned, this research is centered on the Cash Waqf Linked Sukuk (CWLS) with the objective of maintaining food security and realizing welfare. The methodology employed is normative juridical, utilizing secondary and primary data as supporting evidence through interviews with relevant parties and analytical descriptive data analysis. Food security represents a tangible manifestation of social welfare, with CWLS emerging as a potential instrument for achieving this objective. In Islam, CWLS can serve as a social capital instrument for economic empowerment, benefiting individuals and communities. It can be utilized to maintain food security in agriculture and livestock programs, ensuring the availability of sufficient food for the community.

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Article

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International Journal of Law Management and Humanities, Volume 7, Issue 4, Page 2084 - 2098

DOI: https://doij.org/10.10000/IJLMH.118176

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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