ISSN: 2222-6990
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The excitement in ennobling gold dinar had taken place circa 1998-2002. The effort in reviving the excitement was brought back by Tun Mahathir Mohammad at the end of 2019. The question as to how effective the implementation would be, is still unanswered. This study puts forth the suggestion about the use of gold dinar as a waqf instrument better known as the waqf gold dinar (Waqaf Dinar Emas or WDE). This is because waqf is an ummah development source that has the potential in building the Madani community. The success of waqf in the ummah development is proven through the successful implementation of the waqf al-Azhar model in Egypt that has benefited the society in multiple aspects including religious, social and economic development. That said, to what extent that the WDE concept is understood? How can the use WDE be carried out? How does the WDE build the Madani community? Questions, one after another have brought forth this study aiming to identify the concept and method of implementation of the WDE and analyse its potential when it comes to constructing the Madani community. The primary data is obtained through the in-depth interview with two informants namely a waqf practitioner and an academician. The secondary data is obtained based on the study on previous works such as theses, books, articles, journals and magazines. This data is analysed qualitatively using ATLAS.ti Version 8.0 (AV8). The outcome of this study discovers four things needed in the WDE implementation namely urge from influential community, the R&D cooperation between the research group and the parliament members, the involvement of the institution also the waqf manager and the combination of the people in the professional field and the people in the religious field. All these four aspects can help realise the construction of the Madani community.
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In-Text Citation: (Hassan et al., 2021)
To Cite this Article: Hassan, S. H. M., Hamid, C. K., Yahaya, S., Abdullah, S. R., & Fazial, F. (2021). Application of Gold Dinar Waqf towards the Construction of Madani Community. International Journal of Academic Research in Business and Social Sciences, 11(4), 973–982.
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