Model Of Islamic Corporate Governance Cash Waqf Based On Entrepreneurship: A Multi Case Study In Indonesia And Malaysia

The purpose of this study is to determine the Islamic Corporate Governance (ICG) model   of cash waqf based on entrepreneurship. Using qualitative research methods with a multi-case study approach, research data were obtained primarily (in-depth   interviews),online report documentation, journal articles and books.The resultsoftheanalysisconcludedthat the ICG model of cash waqf based on entrepreneurship was built from a unique waqf membership model (endowment donations came from Corporate Social Responsibility of the company), the determination of special donors, and the determination of the beneficiaries of waqf productivity funds in the public facilities development program integrated with entrepreneurial activities.We recommend the issuance of cash waqf entrepreneurial-based shares, whether permanent or temporary.