EMPOWERMENT THE HALAL INDUSTRY THROUGH CASH WAQF FUND AND ZAKAT

Indonesia is a country which has a lot of Muslim population as much as 87 percent. These conditions make Islamic finance industry is required to provide halal financing access to the businessmen, but the financial institutions such as sharia and conventional banks are unable to provide the funding to businessmen in Indonesia which dominated by Small and Medium Enterprises (SMEs). On the other hand, there are some public sources of Islamic public fund potentially to be developed such as cash waqf fund that reached Rp. 3 trillion and zakat that reached 200 trillion. This research aims to optimize the role of Islamic public funds such as cash waqf fund and zakat through using the financial technology platform, particularly in crowdfunding platform in order to provide the funding to the businessman in halal industry. The development of financial technology is to create a website named ayoberdonasi.com which can be the alternative solution for SMEs in the halal industry to get the funding, and also can be the marketplace for the businessman. This research is the library research and data processing technique used in the descriptive analysis. The implementation of ayoberdonasi.com is to integrate the management of waqf and zakat in one platform