The potential of using smart contracts in cash waqf on blockchain
This paper attempts to explore and analyze the concept of cash waqf using smart contracts. This paper seeks to see to what extent blockchain can be leveraged to more effectively and efficiently mobilize the collection of cash waqf. The method used in this paper is a descriptive-qualitative method...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Usuli Faqih Research Centre PLT.
2023
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/109100/7/109100_%20The%20potential%20of%20using%20smart%20contracts.crdownload http://irep.iium.edu.my/109100/ https://al-qanatir.com/aq |
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| Summary: | This paper attempts to explore and analyze the concept of cash waqf using smart contracts. This paper seeks to see to what extent blockchain can be leveraged to more effectively and efficiently mobilize the collection of cash
waqf. The method used in this paper is a descriptive-qualitative method using secondary sources. Through research, the results show that to further increase
public interest in cash waqf, blockchain technology should become a structured system through smart contracts, and its management should be centralized. The contribution of this research to society is to make it easier for people to pay
cash waqf so that the number of cash waqf increases. In addition, this research contributes to the development of technology-based waqf. |
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