Reconstructing accountability of the cash <i>waqf</i> (endowment) institution in Indonesia

Siswantoro, Dodik; Rosdiana, Haula; Fathurahman, Heri

doi:10.1108/mf-05-2017-0188

Cited by 28 publications

(40 citation statements)

References 45 publications

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“…According to Siswantoro et al (2018) accountability in an Islamic perspective is a responsibility between Muslim / Islamic organizations and their stakeholders. By using this perspective, accountability in Islamic entities will have higher ethical considerations than non-Islamic entities (Kamaruddin & Auzair, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

The meaning of financial accountability in Islamic boarding schools: The case of Indonesia

Meutia

Daud

2021

IER

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This study aims to understand the concept of financial accountability in Islamic boarding schools (pesantren). The research is conducted at a pesantren in South Sumatra, which functions as a centre for Islamic education, social and business activities. Research Design & Methods:The research data were obtained through in-depth interviews with pesantren administrators. This study uses transcendental phenomenology to analyze qualitative data. Findings: This study found three themes that were sourced from the noematic experiences of research informants, namely amanah, trust, and transparency. This study reveals three essential things: first, accountability in the perspective of the pesantren's manager consists of accountability to God, the owner of the pesantren, students, and donors. Second, the manifestation of the implementation of financial accountability is financial recording and reporting. Third, transparency in understanding pesantren's manager is an openness among pesantren's administrators. Implications & Recommendations: When accountability based on their experience is understood as accountability to the pesantren owner, the preparation of financial reports is also understood to be only important for the pesantren owner. Therefore, financial reports as a form of accountability to parties outside the pesantren are considered not so important, including donors. Contribution & Value Added: This study reveals the meaning of accountability in the pesantren perspective and provides empirical evidence on sharia enterprise theory. Article type:research article

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Section: Literature Reviewmentioning

confidence: 99%

The meaning of financial accountability in Islamic boarding schools: The case of Indonesia

Meutia

Daud

2021

IER

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“…However, there are a wide range of research addressing cash Waqf. Previous studies mainly attempted to associate Cash Waqf with microfinance (Zabri and Mohammed, 2018), small-and medium-sized enterprises (Amuda, Embi, & Babatunde 2014), education (Aziz, Johari, & Yusof, 2013), factors influence the contributors (Witjaksono, 2018) , management (Siswantoro, Rosdiana, and Fathurahman, 2018), E-cash Waqf (Yusof et al, 2014), and socio-economics development (Sanusi and Shafiai, 2015). Atan and Johari (2017) aim to examine the 2006-2016 literature of Waqf dealing with the topic poverty alleviation; the writers concentrate on the publications' years, the number of the contributors, and the country of a study.…”

Section: Previous Studiesmentioning

confidence: 99%

“…As hundreds of studies they confirmed that Waqf is an efficient method to alleviate poverty. On the other hand, the contemporary scholars are focusing on maximizing the benefits of cash waqf, for example Nadya, Alwyni, Hadiyati, & Iqbal (2019); while others concentrate on the Waqf manager accountability (Siswantoro et al, 2018).…”

Section: Previous Studiesmentioning

confidence: 99%

Contemporary Issues on Cash Waqf: A Thematic Literature Review

Aldeen

Ratih²,

Herianingrum³

2020

ijief

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This paper presents the most recent works on cash Waqf, focusing on identifying contemporary scholars' work in this area, providing a novel framework to indicate the existing gap, subsequently, it opens the door wider for new research commitment. This research adopts the paradigm of qualitative approach research, based on disk-based research. Google Scholar was employed, searching through the passage. Only contemporary English documents within the period of 2002-2019 were the subject of this study. Lately, cash Waqf has been proven as a proper method for poverty alleviation. Previous studies attempted to address several models in order to enhance socio-economics issues. This research is a distinct attempt, as to the best of our knowledge, there is no previous research addressed the subject matter. Moreover, this study is expected to assist the interested scholars by offering comprehensive conclusion about have been done in the field. Hence, opens new doors for scholars to develop new innovative cash Waqf models to bridge the socio-economic issues. Our findings depict that Malaysian and Indonesian scholars show a robust research commitment on cash Waqf during 2002-2019. Furthermore, this study highlights the existing gap that must be researched to enrich the potentials of cash Waqf, future research should address other countries practices in term of cash Waqf, moreover, validating a proposed model through interviews to ensure that a proposed model is applicable. In terms of cash Waqf awareness, research might consider peer influence", "self-efficacy in contributing to cash Waqf.

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“…On the other hand, the effectiveness of Waqf is also related to the idea of accountability (Arshad & Zain, 2017;Mansor & Jamil, 2018). As reported by Noordin et al (2017); Siswantoro, Rosdiana, and Fathurahman (2017); Yaacob, Petra, and Sumardi (2015), accountability is highly discussed and highlighted among scholars in ensuring that Waqf institutions are operated based on integrity and trust (Yaacob et al, 2015). Furthermore, the report by audit department showed that management of Waqf property in Peninsular Malaysia is still not satisfied, leading to the increase in queries and doubts the effectiveness and efficiency of this institution in handling Waqf properties (Jabatan Audit Negara, 2017).…”

Section: Empirical Study and Indicators Of Effectiveness In Waqf Institutionmentioning

confidence: 99%

Conceptualizing the impact of Leader-member Exchange in non-profit and religious organisations: The case of waqf institutions in Malaysia

Sharip

Awang

Ismail

2019

JEEIR

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While a great discussion on past research done to investigate the impact on Leader-Member Exchange (LMX) in producing the positive outcome of the management, relatively little research has been done conducted to examine the link between LMX to the effectiveness of the management particularly in a religious based non-profit organization in a Malaysia setting. Meanwhile, a discussion on LMX of the non-profit organisation is not explicitly religious based as the discussion on Malaysia institution, and specifically among non-profit organisation religious based is lacking. Thus, the objective of this study to address the issue of communication among leader-member via LMX theory and to propose potential effect to the effectiveness of the management particularly in a religious based non-profit organisation, specifically in Waqf institutions in the Malaysian setting.

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Reconstructing accountability of the cash waqf (endowment) institution in Indonesia

Cited by 28 publications

References 45 publications

The meaning of financial accountability in Islamic boarding schools: The case of Indonesia

The meaning of financial accountability in Islamic boarding schools: The case of Indonesia

Contemporary Issues on Cash Waqf: A Thematic Literature Review

Conceptualizing the impact of Leader-member Exchange in non-profit and religious organisations: The case of waqf institutions in Malaysia

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