Corporate Social Responsibility and Islamic Microfinance Integration for Productive Waqf in Indonesia: A Conceptual Study

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Discussion

Conceptual study reveals a model integrating CSR and Islamic microfinance for waqf financing, suggesting collaborative finance solutions.

This model offers alternative financing sources for productive waqf through CSR funding, enhancing access.
Findings indicate that CSR can effectively support waqf integration with Islamic microfinance, facilitating participatory contracts.
The proposed business process modeling notation outlines the waqf model derived from existing literature in Indonesia.
Implications for policy highlight a potential reduction in government expenditures for waqf asset empowerment.

Hadi et al. (2025) studied this question.

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