Waqf in Economic Growth

Author: Eka Wahyu Hestya Budianto
ISBN: xxx-xxx-xxxx-xx-x
Edition: First, December 2025/Jumadal Akhir 1447 H
Page: x + 262 hlm, B5 (18,2 cm x 25,7 cm)
Synopsis: Waqf is often perceived merely as a charitable endowment—an act of piety, generosity, or moral duty. Yet, when examined through a rigorous economic lens, waqf emerges as a powerful perpetual engine of development. It preserves capital across generations, finances public goods, strengthens human capital, boosts productivity, enhances social stability, and complements both state and market institutions. Across centuries, waqf has financed civilizational infrastructure—schools, hospitals, water systems, agricultural development, and welfare programs—often substituting for state expenditure and expanding opportunities for the poor.