Pelaksanaan Wakaf Blockchain Dalam Sistem Kewangan Islam Di Malaysia
The Implementation Of Blockchain Waqf In The Malaysian Islamic Financial System
Keywords:
Blockchain, Waqf, Challenges, Law, MalaysiaAbstract
Waqf plays an important role in the development of the socioeconomic landscape of Muslims, especially in efforts to eradicate poverty. Now, the waqf function is growing and has been implemented using blockchain financial technology (fintech) to obtain funds in a more effective way and improve the quality of waqf fund management. Blockchain waqf has been implemented in Malaysia. However, so far, there is still no provision in the Malaysian acts or enactments that specifically talks about waqf regulations using fintech systems. Therefore, this study was conducted to identify the definition and concept of blockchain waqf, analyse the legal challenges of blockchain waqf transactions in Malaysia, and further suggest improvements in the context of existing local practices and legislation regarding the issue of the use of financial technology in waqf matters. This study is qualitative research and uses content analysis methods to analyse the definitions, legal challenges, and suggestions for improvements to Malaysian legislation. As a result of this study, it was found that legislation that clearly talks about the definition, operation, and guidelines of this blockchain waqf should be enacted to overcome the challenges and loopholes in this waqf blockchain.
Abstrak
Wakaf berperanan penting kepada pembangunan lanskap sosioekonomi umat Islam terutamanya dalam usaha menghapuskan kemiskinan. Kini, fungsi wakaf semakin berkembang dan telah dilaksanakan menggunakan teknologi kewangan Blockchain untuk memperoleh dana dengan cara yang lebih berkesan serta meningkatkan kualiti pengurusan dana wakaf. Wakaf Blockchain telah dilaksanakan di Malaysia. Walau bagaimanapun, setakat ini masih belum ada peruntukan sama ada dalam akta dan enakmen negeri yang membicarakan secara khusus mengenai pengawal seliaan wakaf menggunakan sistem teknologi kewangan. Oleh itu, kajian ini dilakukan untuk mengenal pasti definisi dan konsep wakaf blockchain, menganalisis cabaran perundangan transaksi wakaf blockchain di Malaysia, dan seterusnya mencadangkan penambahbaikan dalam konteks amalan dan perundangan tempatan yang sedia ada berkenaan isu pemakaian teknologi kewangan dalam urusan wakaf. Kajian ini berbentuk kualitatif dan menggunapakai kaedah analisis kandungan untuk menganalisis definisi, cabaran perundangan serta cadangan penambahbaikan kepada perundangan Malaysia. Hasil daripada kajian ini, didapati bahawa suatu perundangan yang jelas membicarakan tentang definisi, operasi dan garis panduan wakaf blockchain ini haruslah diwujudkan untuk mengatasi kelompongan dalam wakaf blockchain ini.
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