Optimizing Waqf Management: A Strategic KPI Framework for Sustainable Impact and Enhanced Accountability

This paper introduces a strategic Key Performance Indicator (KPI) framework to optimize Waqf (Islamic endowment) management, addressing the critical needs of financial sustainability, transparency, and measurable social impact. Waqf, historically integral to Islamic social welfare, faces contemporary challenges that necessitate structured management practices. Leveraging KPIs across areas such as asset management, governance, operational efficiency, and stakeholder engagement, this framework enhances accountability and aligns Waqf resources with community priorities. Findings underscore the benefits of adopting KPI-driven management, including improved resource allocation, asset longevity, and financial resilience. Moreover, the integration of digital tools for data monitoring and reporting strengthens Waqf transparency, enabling stakeholders to track social and economic contributions more effectively. This approach not only preserves the foundational values of Waqf but also adapts it to meet evolving societal demands, reinforcing Waqf’s role in sustainable development and social equity. The study provides a practical roadmap for Waqf institutions aiming to achieve enduring impact through strategic, data-informed decision-making.

کلیدواژه ها:

Waqf management ، Key Performance Indicators ، sustainability ، Islamic endowment ، transparency ، social impact ، governance ، financial resilience