THE MODEL OF PRODUCTIVE WAKAF MANAGEMENT IN THE AGRICULTURE SECTOR TO INCREASE THE FARMER'S WELFARE (CASE STUDY OF PENATARSEWU SIDOARJO' MUHAMMADIYAH BRANCH MANAGEMENT)

This study aims to create a model for productive management of waqf in the agricultural sector in the Penatarsewu Muhammadiyah Branch Management (PRM) and analyze its impact in improving the welfare of farmers based on indicators of maqashid syariah. This research uses a descriptive qualitative approach with a case study method. The subjects of this study were the management of the Penatarsewu PRM board of waqf councilors and sharecroppers. Data is collected by conducting interviews, observations, and documentation. Data analysis techniques using data reduction, data presentation, and drawing conclusions. Triangulation technique by cross-checking the findings of primary and secondary data is used to determine the validity of the data. Research is limited to rice field endowments or the agricultural sector. The results showed that the productive waqf management model of Penatarsewu PRM uses a mukhabarah agreement with a profit-sharing system of 60:40. The results have an impact on improving the welfare of farmers based on the indicator maqashid syariah. Judging from al-maqashidul khams, the most successful are Hifdhud Din, Hifdhul Aql, and Hifdhun Nasl. However, the Penatarsewu PRM is expected to be able to direct the results of waqf to productive goals, such as the formation of an entrepreneurial spirit.

Keywords: Productive Waqf, Mukhabarah, Maqashid Syariah, PRM

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