Factors influencing the success of retail cash Waqf Linked Ṣukuk (CWLS) issuance : a lesson from Indonesia
Other Title(s)
العوامل المؤثرة في نجاح إصدار صكوك التجزئة المرتبط بالوقف النقدي (CWLS) : درس من إندونيسيا
Author
Source
Journal of King Abdulaziz University : Islamic Economics
Issue
Vol. 35, Issue 1 (31 Jan. 2022), pp.57-74, 18 p.
Publisher
King Abdulaziz University Scientific Publishing Center
Publication Date
2022-01-31
Country of Publication
Saudi Arabia
No. of Pages
18
Main Subjects
Abstract EN
In October 2020, the Indonesian government launched a Waqf-linked Islamic certificate called Cash Waqf Linked Ṣukūk (CWLS) that targeted retail investors.
The CWLS SWR001 series for individuals is presented as a commitment by the government to support the national waqf movement and foster the development of social investment and productive waqf in Indonesia.
The objectives of this study are to examine the key determinants of the willingness of upper middle-class Muslims in Indonesia to contribute to CWLS and explain the barriers in the collection of CWLS.
The primary data were analyzed using a Partial Least Squares Structural Equation Modelling (PLS-SEM).
The result shows that the variables of Financial Excess, Trust in Waqf Institutions and Government significantly affect the willingness of upper middle-class Muslims in Indonesia to contribute to retail CWLS.
American Psychological Association (APA)
Maulina, Rindawati. 2022. Factors influencing the success of retail cash Waqf Linked Ṣukuk (CWLS) issuance : a lesson from Indonesia. Journal of King Abdulaziz University : Islamic Economics،Vol. 35, no. 1, pp.57-74.
https://search.emarefa.net/detail/BIM-1314478
Modern Language Association (MLA)
Maulina, Rindawati. Factors influencing the success of retail cash Waqf Linked Ṣukuk (CWLS) issuance : a lesson from Indonesia. Journal of King Abdulaziz University : Islamic Economics Vol. 35, no. 1 (Jan. 2022), pp.57-74.
https://search.emarefa.net/detail/BIM-1314478
American Medical Association (AMA)
Maulina, Rindawati. Factors influencing the success of retail cash Waqf Linked Ṣukuk (CWLS) issuance : a lesson from Indonesia. Journal of King Abdulaziz University : Islamic Economics. 2022. Vol. 35, no. 1, pp.57-74.
https://search.emarefa.net/detail/BIM-1314478
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 72-73
Record ID
BIM-1314478