Pentahelix Waqf Model: Multi-Stakeholder Synergy to Stabilize Prices and Address Economic Issues in Indonesia
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Abstract
This research examines the implementation of the Pentahelix model in waqf management in Indonesia as a solution to stabilize prices and overcome economic problems. The main problems faced by every country in terms of the economy are inseparable from the problems of economic growth and instability, unemployment and people's welfare, price increases that cause inflation, and so on. The existence of the concept of waqf in Islam can be a solution to solve economic problems, especially if it is supported by the involvement of the pentahelix consisting of ABCGM, namely Accademian, Business, Community, Government, and Media. Through a qualitative approach with a literature study method, this research analyzes the potential synergy between government, business, community, media, and academia in optimizing the role of waqf. The results show that multi-stakeholder collaboration can increase the effectiveness of waqf management, which has implications for price stabilization and strengthening the national economy. The proposed Pentahelix waqf model offers a framework to integrate the roles and resources of various stakeholders, contributing significantly to the effort to eradicate economic problems in Indonesia.
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