KnE Social Sciences

ISSN: 2518-668X

The latest conference proceedings on humanities, arts and social sciences.

Click CWLS as a Solution to Improve Community's Understanding of Sukuk Linked Sukuk Cash Products

Published date: Jul 05 2022

Journal Title: KnE Social Sciences

Issue title: The 3rd International Conference on Advance & Scientific Innovation (ICASI)

Pages: 297-305

DOI: 10.18502/kss.v7i10.11367

Authors:

Titania Mukti20913013@students.uii.ac.idUniversitas Islam Indonesia, Kaliurang Street Km. 14.5 Sleman Yogyakarta 55584 Indonesia

Siti KhomariahUniversitas Islam Indonesia, Kaliurang Street Km. 14.5 Sleman Yogyakarta 55584 Indonesia

Mahda YusraUniversitas Islam Indonesia, Kaliurang Street Km. 14.5 Sleman Yogyakarta 55584 Indonesia

Sofwan HadikusumaUniversitas Islam Indonesia, Kaliurang Street Km. 14.5 Sleman Yogyakarta 55584 Indonesia

Zein MuttaqinUniversitas Islam Indonesia, Kaliurang Street Km. 14.5 Sleman Yogyakarta 55584 Indonesia

Abstract:

The Indonesian government has issued an innovative Islamic philanthropy-based sharia investment product in the form of Cash Waqf Linked Sukuk (CWLS). This study aims to: (1) Analyze the level of public understanding of CWLS. (2) Provide solutions to improve community literacy related to CWLS. (3) Provide a digital platform design that makes it easier for the public to access information and to buy CWLS products. The research method used is descriptive qualitative. Sources of data are primary data obtained from a questionnaire of 101 millennial Muslim samples in Yogyakarta and secondary data obtained from literature studies. The results of the study are (1) the understanding of the Muslim community in Yogyakarta regarding CWLS is still very low at 17.8%. (2) the use of social media and influencers to increase public literacy related to CWLS products. (3) Click CWLS as a digital platform that is integrated in Islamic banking mobile banking to access information about CWLS and to buy CWLS products easily and practically.

Keywords: Cash Waqf Link Sukuk; Literacy; Digital Platform

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