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Implementation of Islamic values in waqf governance: a systematic literature review

Ramdani Ramdani (Faculty of Economic and Business, Airlangga University, Surabaya, Indonesia and Department of Islamic Economics, Faculty of Economics and Business, Universitas Negeri Surabaya, Surabaya, Indonesia)
Tika Widiastuti (Department of Islamic Economics, Universitas Airlangga Fakultas Ekonomi dan Bisnis, Surabaya, Indonesia)
Imron Mawardi (Department of Islamic Economics, Universitas Airlangga Fakultas Ekonomi dan Bisnis, Surabaya, Indonesia)

Journal of Islamic Marketing

ISSN: 1759-0833

Article publication date: 10 June 2024

Issue publication date: 12 July 2024

184

Abstract

Purpose

The development of waqf is growing rapidly. To maintain progress of waqf per se sharia, Muslim scholars try to present Islamic values (IVs) in activities and operations of waqf institutions. To find out implementation of IVs in waqf institutions, previous research was carried out as a guide for future research; this study aims to systematically review the literature.

Design/methodology/approach

This study draws on the implementation of IV in waqf institutions. Through the Preferred Reporting Items for Systematic Review and Meta-analysis for Protocol approach, 327 articles were collected, which were then extracted to gain lessons from various case studies related to problems in waqf institutions.

Findings

This study illustrates tawheed, justice, accountability, trust, mutual consultation, Allah consciousness, enjoin virtue and avoiding evil and objectives of shariah in waqf governance.

Research limitations/implications

The materials used in the systematic literature review were retrieved from few databases. The use of more academic databases will be better and more diverse, in addition to the repertoire of knowledge related to management and strategies at waqf institutions.

Practical implications

The identified values provide a framework for practitioners, policymakers and researchers to guide their efforts in developing and governing waqf institutions in accordance with Islamic principles.

Originality/value

The findings provide deep insights into the current state of IV in waqf institution in literature. This paper highlights many gaps in the literature and suggests directions for future studies to advance the understanding of implementation of IV. This study will help researchers to identify the new dimensions of research and contribute to the literature.

Keywords

Acknowledgements

Declarations.

Author contribution statement: All of the authors above have made major contributions to the development and writing of this paper.

Funding: The Indonesia Endowment Funding for Education provided funding for this project (LPDP).

Competing interest statement: The authors state that they have no conflicts of interest.

Additional information: There is no extra information for this publication.

Citation

Ramdani, R., Widiastuti, T. and Mawardi, I. (2024), "Implementation of Islamic values in waqf governance: a systematic literature review", Journal of Islamic Marketing, Vol. 15 No. 8, pp. 1925-1941. https://doi.org/10.1108/JIMA-03-2023-0079

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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