Micro Waqf Bank in Reduction Poverty Based Boarding School in Indonesia

Abstract

Waqf works as source financing for means worship, education, service social and public. Lots development Islamic economic sector or sharia banking which is linked to waqf, no exception in year 2017 Government together FSA initiate exists Bank Waqf Micro as effort answer problem poverty, Which cooperate with institution based boarding school in Indonesia. This research is an analytical descriptive research is research to describe and analyze problem which there is and including in type study literature ( library research ) which will be presented descriptively, the data required is in the form of data secondary or data literature And documents ( library research ) The results of this research show that , mechanism development Bank Waqf Micro that is prepare service financing principled sharia without wearing flower and only pay an administration fee of 3% per year, group-based and without collateral, and training is provided And accompaniment business for para its customers. As for its customers covers public productive/doer business small and do not yet have access to formal financial institutions is at in rural and Islamic boarding school environment