Cash waqf is a waqf in the form of money paid by a waqif through an authorized Islamic Financial Institution for Cash Waqf (LKS-PWU), then managed by nadzir for social and productive benefits according to sharia.
General Procedure
- Waqif prepares identity data and determines waqf intention (temporary or perpetual).
- Waqif chooses a registered LKS-PWU channel.
- Waqif fills out cash waqf declaration form/statement.
- Waqif transfers or deposits the waqf amount to LKS-PWU.
- LKS-PWU issues proof/certificate of cash waqf.
- Funds are handed over to nadzir for management and utilization.
- Nadzir reports utilization according to prevailing regulations.
Important Notes
- Use only official channels (LKS-PWU) and legal institutions.
- Keep your waqf proof/certificate for administration and audit trail.
- For national waqf data and dashboards, refer to SIWAK.