Powerhouse of Waqf Economics - Launching of ICAST - International Centre for Awqaf Studies HD

Powerhouse of Waqf Economics, a teaser video from Launching of ICAST - International Centre for Awqaf Studies UNIDA Gontor, in collaboration with Bank Indonesia (Indonesian Central Bank) and Indonesian Waqf Board (Badan Wakaf Indonesia, BWI) initiated ICAST Further information, visit: http://icast.unida.gontor.ac.id Transcript: Waqf is a social capital instrument which plays an important role in building Islamic civilization. This is because waqf plays beyond its ritual form; waqf serves as a driving force to prosperity in both material and spiritual aspect, for both donator and beneficiary One major challenge faced by waqf today is inability of its trustees to preserve and grow waqf asset. As a result, some waqf assets remain dormant and, in some worst case, deteriorate. Thus, to bring waqf to its optimum potential; from passive asset to productive one, in Indonesia and other Muslim countries, UNIDA Gontor in corporation with Indonesian Central Bank and Indonesian waqf board, initiated ICAST, International Center for Awqaf Studies. The Center aims to create professional waqf trustees who have entrepreneurship spirit and able to integrate spiritual and moral values by a systematic, rational, and methodological way of thinking. Dr Hamid Fahmy Zarkasyi, "Waqf is a pivotal Islamic philanthropic tradition that had historically longstanding achievement in bringing Muslim prosperity and welfare." Vision and Mission the vision of the center is to be the center of excellence which create professional waqf trustees who have entrepreneurship spirit for development of waqf in International level in 2030. the center’s missions are: - To conduct training and lecture on waqf by integrating science and Islam - To develop research and scientific discussion in the spirit of enhancing knowledge in the field of waqf and providing solution to contemporary waqf issues for the prosperity of the society - To organize programs focusing on waqf’s role on building sustainable community service - and To build network on development of waqf in national and international scale. Departments The center has 4 departments: - Master in waqf economics - Research and publication - Nazhir waqf certification - and public education each of them enables its community to take advantage of our expertise in waqf. Now, it is time to act. Join us and be part of the powerhouse of the waqf economics. Translation (Indonesia): Waqf adalah instrumen modal sosial yang memainkan peranan penting dalam membangun peradaban Islam. Hal ini karena waqf memainkan peran melebihi dari bentuk ritualnya; Waqf berfungsi sebagai “driving force” menuju kemakmuran, baik itu kemakmuran material maupun spiritual, baik bagi yang mewakafkan, maupun yang menerima. Salah satu tantangan terbesar yang dihadapi wakaf saat ini adalah ketidakmampuan nadzir untuk menjaga dan mengembangkan aset wakaf. Sebagai akibatnya, sebagaian aset wakaf menjadi terbengkalai, dan pada situasi terburuk, m