Executive Summary
The Infaq-Linked Sukuk (ILS) model offers significant potential for optimizing the management of infaq funds through a structured and sustainable Islamic financial instrument. Key findings indicate that ILS can provide significant benefits, including optimizing infaq funds, transparency, long-term sustainability, and collaboration between BAZNAS (National Azan Zakat Agency), local governments, Islamic financial institutions, and the private sector.
This model also enables greater fund mobilization, enabling participation from large institutions, philanthropists, and corporations to fund social projects with a direct impact on society. However, challenges such as regulation, the readiness of zakat institutions to manage financial instruments, and market and liquidity risks need to be addressed to ensure the success of this model.
|
Infaq Linked Model (ILS): Benefit, Opportunity, Cost and Risk (BOCR) |
 |