Biro Pusat Statistik Republik of Indonesia National Beaurau for Statistics, BKKBN
Republic of Indonesia National Coordinating Agency for Family Planning and Islamic
Financial Institution. For zakah fund data purposes, the potency of zakah fund in Indonesia is obtained from some zakah institution historical data and
predictions.
5. Limitation of Research
This research put more emphasived on financial management expecially for raising, investing of cash waqf fund and distributing of zakah fund. The duties of
Nazir, as a cash waqf fund manager, are to increase the cash waqf funds and invest those funds in profitable portfolios. On the other hand, the duties of Amil,
as a zakah fund manager, are to increase the zakah fund and distribute these funds to the appropriate Mustahiq. As we know, the poverty alleviation problems
are complicated. However, they need multi and interdiscipline knowledge to formulate and figure out the solutions. With this research we want to try to make
an early design of poverty alleviation program in the financial viewpoint using system dynamics modeling.
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Figure 1.
National Waqf Institution
N A Z I R
Islamic Financial Institutions
Society Organizations
Charity Institutions
Cash Waqf Fund WAQIF
Zakah Fund
Microfinancing Portfolio
Islamic Mutual Funds
Microfinance Institutions
Direct Investment Portfolio
Islamic Financial Portfolio domestic
Company B M T
Islamic Capital Market
Islamic Financial Institution
Islamic Banking
Islamic Bonds
To Create New Waqf To Maintain Waqf Assets
Traditional Waqf Assets
BUILDINGS Non-Profit Projects
Comercial Projects Free Education
Management Fees
Ready to Distribute the Funds To Poverty Alleviation Programs in Indonesia
LAND Agricultural
Free Health Service Waqf Buildings
Rental
___ eliminate
THE PROFIT- LOSS SHARING from Cash Waqf Investment
Indonesia citizens Foreign Citizens
National Zakah Institution MUZAKKI
Indonesia citizens
Foreign Citizens
AMIL
Global Fund Management
Mudharabah Deposit
Waqf Land Rental Real Estate
Figure 2. Figure 2.
Ready to Distribute the Funds To Poverty Alleviation Programs in Indonesia
Microfinancing Portfolio
Poor Family Rehabilitation
Health Sanitation
Establishing health care
programs for the poor
Supplying pure drinking
water
Natural Disaster Tsunami,
Flood,Volcanics
Social Fasilities Services
Educational Culture
Improving the condition of poor living below the
poverty line
Public Utilities Services
To Alleviate the Poverty in Indonesia
Supporting local culture, art heritages
Social Infrastructure
Religion Fasilities
To promote self- sufficient dignity
for the poor
Rehabilitating physically handicapped
Free Education i.e. free tuitition fee, books free
of cost, scholarships etc Supporting any
projects in the area of
education, research,
religious, etc
Increasing The Standard of Life of Indonesian Citizens
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6. General Description of System Conceptualization
