Implementation of Technology in Cash Waqf: A Structured Literature Review

Abstract

This structured literature review focuses on the implementation of technology in the context of cash waqf. The issue under consideration pertains to the necessity of conducting a thorough evaluation and integration of current scholarly investigations on the utilization of technology in the context of cash waqf. To address this, a systematic approach is employed, involving the collection and synthesis of relevant articles obtained from three databases (SCOPUS, ECONBIZ, and Mendeley). The findings of this study demonstrate the diverse methods in which technology is being incorporated into the cash waqf sector, encompassing digital platforms that facilitate donations as well as the utilization of cutting-edge financial instruments such as blockchain. The synthesis of the existing literature highlights the potential of technology to bring about significant improvements in the efficiency, transparency, and scope of cash waqf programs. In summary, this comprehensive analysis sheds light on the dynamic progression of cash waqf by examining its relationship with technology. It provides valuable perspectives on present patterns and potential avenues for further investigation and advancement in the crucial convergence of Islamic finance and contemporary technology.