Hybridization: How Does a Waqf Institution Manage Its Complexity? Evidence from Yayasan Wakaf UMI

Authors

  • Muhammad Iqbal Department of Islamic Economics, Faculty of Economics and Business, Airlangga University
  • Raditya Sukmana Department of Islamic Economics, Faculty of Economics and Business, Universitas Airlangga
  • Iman Harymawan Department of Accounting Faculty of Economics and Business, Universitas Airlangga

DOI:

https://doi.org/10.54471/iqtishoduna.v12i1.2225

Keywords:

waqf management, instutitional complexity, hybrid organization

Abstract

This study aims to analyze the hybridization that occurs in waqf institutions. We combine a literature review, a case study, and expert opinions. The case study was conducted at the Indonesian Muslim University Waqf Foundation (YWUMI).  Case study data collection was carried out through semi-structured interviews with 11 respondents. Requests for expert views were made through focus group discussions with four experts. Hybridization causes them to experience institutional complexity with the coexistence of business logic and Islamic social logic. YWUMI navigates institutional complexity through a structural differentiation strategy in which each unit of logic applies differently. In addition, the internalization of Islamic morality helps them manage organizational hybridity. The use of a hybrid organizational approach and institutional logic will provide insight into waqf management, especially regarding the institutional impact of initiatives to encourage productive waqf management.

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Published

2023-04-01

How to Cite

Iqbal, Muhammad, Raditya Sukmana, and Iman Harymawan. “Hybridization: How Does a Waqf Institution Manage Its Complexity? Evidence from Yayasan Wakaf UMI”. IQTISHODUNA: Jurnal Ekonomi Islam 12, no. 1 (April 1, 2023): 265–282. Accessed September 26, 2023. https://ejournal.iaisyarifuddin.ac.id/index.php/iqtishoduna/article/view/2225.

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