Abstract
:Cash waqf linked sukuk (CWLS) is an Islamic financial instrument issued by the government in the form of Sharia Securities (SBSN) as an investment alternative to government institutions for social funds, namely waqf. So it needs proper supervision both in terms of governance and sharia compliance. As a sharia financial instrument, it must comply with the guidelines on the DSN fatwa and view it from the maqasid sharia aspect. So the purpose of this study is to analyze sharia governance at CWLS and look at it from the perspective of Maqasid Syariah Ibnu Ashur. By using a descriptive qualitative research methodology. The results of the study show that CWLS has fulfilled the aspects of good sharia governance and realized the goals of maqasid sharia, namely that it has provided benefits to the community through programs that have been implemented from the results of the profits obtained from the management of CWLS funds. CWLS fulfills the 5 maqasid principles of Ibnu Ashur's sharia which consist of Rawaj, Wadhuh, Hifzh, Tsabat and 'adl.
Keywords:
: Sharia Governance, Cash Waqf Linked Sukuk (CWLS), Maqasid Syariah, Ibn Ashur
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