Compliance Degrees of Endowments Manager to Act No. 41 of 2004 on Endowments

Tata Fathurrohman, Ayi Sobarna

Abstract


Some interesting types of endowment (waqaf) today are progressing on the ground, in form of  cash, shares, securities, and copyright. Therefore, endowments can be expected to be the backbone of prosperity in Indonesia. However, as long as these endowments are failed to be optimized and well managed by the incapability of some endowment managers to comply with the Act No. 41 of 2004, there will be many cases occurred against the management of endowments.Endowments Pro '99 Bandung is one of the few productive endowments manager which develops very fast. The question raises regarding the performance of endowments management will be to what extent these endowment managers have a degree of compliance with the Act No. 41 of 2004 on endowments?This research was conducted through a descriptive study of the documents owned Wakaf Pro'99 Bandung relevant to pledge, witnesses, and the management of endowments property. The study was conducted by administering questionnaires to endowments manager concerned. With this method, it is concluded that the Waqf Pro'99 Bandung is in complying with the provisions relating to pledge endowments and gain very high compliance category. Similarly, it is also in complying with the provisions relating to witnesses.

Keywords


Pledge, Witness, Wealth Management Endowments

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DOI: https://doi.org/10.29313/mimbar.v32i2.1959

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