DEVELOPMENT OF WAQF POTENTIAL AS ECONOMIC SOURCES OF COMMUNITY IN RIAU PROVINCE – INDONESIA

ABSTRACT: Based on the understanding of waqf nazir or Muslim leaders in Riau Province, impermissible forwaqf assets to be developed more professionally, the lack of Muslims interest to change the old paradigm into anew paradigm for productive waqf development, and a lack of public awareness of the importance of developingwaqf assets as the source of the economy of the poor people is a life problem of national that must be solvedtogether.The method use in this research is qualitative. This method is the best method to use (Cannon, 1998).Therefore, qualitative method that focused on the meaning on factual context can fulfill the needs to understandthis question. The conclusion of this research showed that waqf is a potential source of community income thatneeds to be developed, used, and arranged professionally to get optimum result in order to fadethe poor awayand bring the prosperity for community, therefore bring the advantages that can be able to use appropriate to thewaqf aim. That is why, it needs human resources (Nazir) who is amanah, professional, intellectual in economics,tekun and full of commitment.

Keywords: waqf potential, sources of economy, community