Waqf and Social Welfare: An Analysis of the Role of Waqf in Promoting Sustainable Development in Indonesia

Abstract

Sustainable development is a strategic effort to balance economic growth, environmental conservation, and social justice. However, its implementation in Indonesia still faces serious challenges such as poverty, inequality, and limited access to basic services. In this context, Islamic economics offers an alternative approach through philanthropic instruments, especially waqf. This article aims to analyze the role of waqf in supporting the achievement of sustainable development in Indonesia, especially within the framework of the Sustainable Development Goals (SDGs). Using a literature study method, this study reviews relevant literature from scientific journals, books, and institutional reports. The results of the study indicate that waqf has great potential in funding the development of social infrastructure such as education and health, supporting micro and small businesses, and reducing poverty and social inequality. Waqf also reflects the values ​​of sustainability and solidarity that are in line with the principles of sustainable development. Therefore, optimizing waqf management productively and strategically can be an effective solution in accelerating the achievement of sustainable development in Indonesia.