Management of Zakat Payment Based on Fintech for the Good Corporate Governance Improvement

Utami, Pertiwi; Basrowi,; Julianas, dan

doi:10.20448/809.4.2.41.50

Cited by 11 publications

(19 citation statements)

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“…Previous researchers have focused on zakat utilization programs and zakat management (Ahmad, 2018;Saad, Wahab, & Abdul, 2016;Friantoro & Zaki, 2018'Widarti, Afif, & Zazim, 2016Rachman & Salam , 2018;Utami, 2019), where the majority of research uses literature studies with religious, sharia, sharia accounting approaches Alim, 2015), and fiqh studies, (Hayeharasah, et al, 2013;Nurhidayatie, et al, 2015;Utami, Suryanto, Ghofur, & Nasor, 2020) and others use quantitative methods but do not specifically discuss the potential for digitizing zakat receipts based on a review of digital technology theory, Sharia economics, and nonprofit organizations. (Djaghballou, et al, 2018;Prahesti & Priyanka, 2018;Beik & Arsyianti, 2018;Javaid & Al-Malkawi, 2018).…”

Section: 2mentioning

confidence: 99%

The Effect Digitalization Zakat Payment Against Potential of Zakat Acceptance in National Amil Zakat Agency

Utami¹,

Suryanto²,

Nasor³

et al. 2020

IQTISHADIA

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The purpose of this study was to determine the effect of digitalization zakat payments on the potential for zakat acceptance at the BAZNAS Jakarta center. The originality of this research lies in the digitalization analysis of zakat payments to increase the potential for receiving BAZNAS center based on sharia economic approaches, and digital technology theory. The research method used is associative quantitative using a simple linear regression analysis technique with a sample size of 170 respondents selected based on purposive sampling technique. From the results of data analysis using SPSS 19.0, an R-value of 74.8% was obtained, which means that the relationship between the digitalization of zakat payments and the potential for receiving zakat at the BAZNAS is strong. The findings show that the digitalization variable of zakat payment or zakat payment (X) influences the potential for zakat receipt (Y) of 55.9%, and the remaining 40.1% is influenced by other factors not considered. Based on the results of deepening between the theory and practice of digital zakat revealed that the challenges in efforts to increase the potential for digital zakat acceptance in Indonesia are internet access which is still weak and uneven in Indonesian territory, building an 'attachment' relationship between mustahiq, muzzaki and BAZNAS, and the application of principles of sharia in the management of zakat. Therefore, the research explains the strategies that can be done to answer the challenges of digital zakat.

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Section: 2mentioning

confidence: 99%

The Effect Digitalization Zakat Payment Against Potential of Zakat Acceptance in National Amil Zakat Agency

Utami¹,

Suryanto²,

Nasor³

et al. 2020

IQTISHADIA

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Section: Technology Adoption In Zakatmentioning

confidence: 99%

“…The authors in this context concluded that it may because of lack of familiarity on the blockchain technology. Similarly, in the context on Indonesia, adopting technology in zakat payment has benefitted in terms of public welfare (Utami, Basrowi and Julianas, 2019).…”

Section: Technology Adoption In Zakatmentioning

confidence: 99%

“…In addition, adoption of technology may use to establish a central database for gathering data from all states, which will enlist all zakat institutions and other charity organizations (Migdad, 2019). Technology adoption enhances transparency of information which ultimately improve the performance of zakat institutions (Nuswantara, Nugrohoseno and Iriani, 2018;Utami, Basrowi and Julianas, 2019). As a result, adoption of technology with effective structural model will benefit the zakat institutions itself along with welcoming the fourth industrial revolution in all aspects in Malaysia.…”

Section: Technology Adoption In Zakatmentioning

confidence: 99%

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Technology Adoption among Zakat Institutions in Malaysia

Salleh

Chowdhury

2020

iconz

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This research observes technology adoption among zakat institutions in Malaysia. To achieve the said objectives, qualitative methodology approach is adopted in this research where primary data is collected via observation of website or any related materials that support technology application among Zakat institutions in Malaysia which including website, online collection or payment system and others. Findings from the observation indicate that majority of the Zakat institutions have started to utilise technology system in their organization especially with regards to zakat payment. However, there is still lacking of technology usage for zakat distributions, awareness as well as Zakat fund reporting to the public. Overall, as zakat collection and distribution have involved millions of records and its management is still questionable by all parties, it is believed that technology will enhance the operations of Zakat institutions to become more efficient and effective to distribute wealth to the needy. This will at the end increase public trust towards the institutions.

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“…Accordingly, the public and non-public institutions such as charity, endowment and zakat institutions are adopting technology in order to ensure robust financial inclusion (Nuswantara et al, 2018;Yahaya & Ahmad, 2019). Potentially, financial technology adoption in transaction mechanism and zakat receipts are not contradict to Islamic principles with several conditions (Utami, Basrowi, & Julianas, 2019). Factually, not vast but several zakat intuitions have adopted technology to collect zakat fund through online, for instance; BAZNAS in Indonesia, National Zakat Foundation in Australia, Islamic Religious Council of Wilayah Persekutuan of Malaysia and other countries (Hudaefi et al, 2020).…”

Section: Technology Adoption In Zakatmentioning

confidence: 99%

Technological Transformation in Malaysian Zakat Institutions

Salleh

Chowdhury²

2020

ijaz

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This research observes technology adoption among zakat institutions in Malaysia. To achieve this objective, a qualitative approach is adopted where the primary data is collected via observation of website or any related materials, which supports technology application among Zakat institutions in Malaysia. The materials including website, the information of online collection or payment system and others. The findings indicate that majority of the zakat institutions have started to utilize technology system in their organization, especially with regards to zakat payment. However, there is still lacking of technology usage for zakat distributions, awareness as well as zakat fund reporting to public. Overall, as zakat collection and distribution have involved millions of records and its management is still questionable by all parties, it is believed that technology will enhance the operations of zakat institutions to become more efficient and effective to distribute wealth to the needy. It is thus public trust towards the institutions is expected to increase.

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Management of Zakat Payment Based on Fintech for the Good Corporate Governance Improvement

Cited by 11 publications

References 0 publications

The Effect Digitalization Zakat Payment Against Potential of Zakat Acceptance in National Amil Zakat Agency

The Effect Digitalization Zakat Payment Against Potential of Zakat Acceptance in National Amil Zakat Agency

Technology Adoption among Zakat Institutions in Malaysia

Technological Transformation in Malaysian Zakat Institutions

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