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Submitted
January 10, 2018
Accepted
January 10, 2018
Published
November 17, 2016
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Abstract

The purpose of this article is to present a solution concept to optimize the asset-based sukuk are asset utilization waqf endowments given in Indonesia is not yet optimal. The method used is the study of literature. The conceptis generated in the form ofthe waqf asset utilization as underlying assets for sukuk. Where the sukuk was issued through a Special Purpose Vehicle(SPV) as the representative body nadzirin this Badan Wakaf Indonesia (BWI) to be leased to investors. Through sukuk is expected to support the optimization of endowment assets to a more productive as well as a challenge to change consumption patterns and preferences with their moral filterin the form of awareness of social solidarity. As a result, the concept of Pareto optimum which does not recognize the existence of a solution that does not require the sacrifice of the minority (wealthy) in order to improve the welfare of the majority (poor) do not apply anymore.

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References

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