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Akademika : Jurnal Pemikiran IslamAkademika : Jurnal Pemikiran Islam

This study aimed to see the implementation of intellectual property rights (IPR) waqf in urban society from the Perspective of Maqasid Shariah. This research applied a qualitative approach to depict social phenomena and processes in implementing Intellectual Property Rights Waqf in Medan urban communities. The qualitative approach allows researchers to gain deep insight into peoples views, attitudes, and understanding of waqf and intellectual property rights. The data collection techniques used were interviews and documentation. The findings show that the implementation of IPR waqf in the urban society of Medan City, from the perspective of Maqasid Shariah, holds great potential for societal development and the promotion of knowledge and innovation. However, clear regulations and guidelines that address the specific challenges of IPR waqf must be established to facilitate its successful execution. Through collaboration and a comprehensive approach, the integration of IPR assets into the waqf framework can bring significant social and economic benefits to the urban society of Medan City. Despite the challenges faced, the implementation of IPR waqf in Medan City holds immense potential for the development and growth of the urban society.

The implementation of IPR waqf in Medan City holds significant potential for societal development and the advancement of knowledge and innovation.However, the successful execution of IPR waqf necessitates the establishment of clear regulations and guidelines to address its unique challenges.Through collaborative efforts and a comprehensive approach, integrating IPR assets into the waqf framework can yield substantial social and economic benefits for the urban community of Medan City.

Further research should explore the development of standardized valuation methods for IPR assets to ensure fair and transparent endowment processes. Additionally, studies could investigate the potential of establishing specialized IPR waqf institutions to effectively manage and utilize these assets for maximum societal impact. Finally, research is needed to assess the role of digital platforms and blockchain technology in enhancing the transparency and efficiency of IPR waqf management, thereby fostering greater public trust and participation. These investigations will contribute to a more robust and sustainable IPR waqf ecosystem, aligning with the principles of Islamic finance and promoting socio-economic development within the urban community of Medan City.

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