Purpose The purpose of this paper is to reconstruct the accountability of the cash waqf institution in Indonesia, including the logic which may refer to the accountability objective. Design/methodology/approach The paper employs the qualitative method with a constructivist paradigm. Four different characteristics of cash waqf institutions in Indonesia serve as the object of this research with other related respondents, such as the government and Islamic banks. These multiple case studies may represent the characteristics of cash waqf institutions. Findings The result shows that the cash waqf institution in Indonesia has unique and different logical characteristics, which is neither unitary nor pluralist. Originality/value This may be the first research which discusses the accountability-based logic for cash waqf institutions in Indonesia. These institutions apply Islamic teaching (Shariah) and must generate big income for social activities. Conditions in other countries may be similar since as waqf institutions have common concepts in general.

This research aims to evaluate the suitability of cryptocurrency as money from the Islamic perspective. Money, in the Islamic perspective, has specific characteristics and requirements, such as stability and is based on assets. Cryptocurrency may not fulfil this as it has queries as money from the Islamic perspective. The research method applied data of 23 cryptocurrency prices and related information. The result shows that cryptocurrency is hugely volatile and has limits to being called 'money,' as it is limited and used for speculation, which is prohibited in Islam. The research implies that Muslims would be reluctant to use cryptocurrency as money, as a currency of transaction. This reason raise an expectation that the cryptocurrency will not develop rapidly in Muslim countries.

This paper examines the relationship of financial and performance accountability towards incumbent re-election in Indonesian local election. Sample of this research is 56 regencies and cities that held local election with an observation period of 2011 until 2013. Audit opinion and audit finding data are used to measure financial accountability; meanwhile the performance score and evaluation of performance accountability are used as proxy of performance accountability. The analysis shows that higher audit finding of the weakness of internal control system decrease the probability of re-election and higher performance score increase the probability of re-election. In contrast, audit opinion, audit finding of non-compliance to the regulation and legislation, and evaluation of performance accountability have no relationship with the probability of incumbent re-election. Penelitian ini menguji hubungan antara akuntabilitas keuangan dan kinerja terhadap keterpilihan kembali petahana dalam PemilihanKepala Daerah (Pemilukada) di Indonesia. Sampel penelitian ini adalah 56 kabupaten dan kota yang menyelenggarakan Pemilukada pada periode 2011 sampai 2013. Opini dan temuan audit digunakan untuk mengukur akuntabilitas keuangan, sementara itu skor kinerja pemerintah daerah dan evaluasi akuntabilitas kinerja digunakan sebagai proksi untuk mengukur akuntabilitas kinerja. Analisis menunjukkan bahwa semakin tinggi temuan audit atas kelemahan sistem pengendalian intern akan semakin menurunkan peluang keterpilihan petahana dan semakin tinggi skor kinerja pemerintah daerah akan semakin meningkatkan peluang keterpilihan petahana. Sebaliknya, opini audit, temuan atas ketidakpatuhan terhadap peraturan dan perundang-undangan, serta evaluasi akuntabilitas kinerja tidak berhubungan dengan keterpilihan petahana.

This paper aims to analyze the variables that affect zakat preference as a tax deduction. Samples are also analyzed and grouped to see some characteristics and patterns of specific issues. Structural Equation Model (SEM) is based on variance. SmartPLS is used to evaluate which variables affect the zakat preference. Samples are distributed to zakat institutions and the University in Aceh, Indonesia. Crosstab analysis can enrich the analysis of the paper. Very few people are aware of zakat as a tax deduction; however, the other  permitted regulation of zakat as a taxable income deduction has not been approved by local government. In addition, only a few people have tax numbers that are used to claim overpaid tax (restitution). Surprisingly, motivation factor significantly affects zakat preference in a negative way. On the other hand, satisfaction factor is similar to Siswantoro and Nurhayati’s 2012 findings, which is negative and insignificant. Motivation factor is positive, but insignificant.

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