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What Drives Indonesian Muslims To Waqf? An Analysis Of Behavioral Intention Toward Cash Waqf Linked Deposit (Cwld), Abdullah Zaid Khoiri, Kenny Devita Indraswari, A. Azizon, Tika Arundina Jul 2026

What Drives Indonesian Muslims To Waqf? An Analysis Of Behavioral Intention Toward Cash Waqf Linked Deposit (Cwld), Abdullah Zaid Khoiri, Kenny Devita Indraswari, A. Azizon, Tika Arundina

International Journal of Islamic Economics and Business Sustainability

Purpose – The purpose of the paper is to find out the factors that affect the intention of Indonesian Muslims to participate in Cash Waqf Linked Deposit (CWLD), a new Islamic banking product that combines cash waqf and sharia time deposits, launched in Indonesia in late 2023 to help overcome the gap between the potential cash waqf in the country and its actual collection.

Design/methodology/approach – This study employed an Extended Theory of Planned Behaviour (TPB) model which included religiosity, knowledge, trust and perceived benefit in addition to attitude, subjective norm and perceived behavioural control. The primary data were …