The Reinforcement of Zakat Management through Financial Technology Systems

Rachman, M. Aulia; Salam, Annisa Nur

doi:10.37706/ijaz.v3i1.68

Cited by 55 publications

(57 citation statements)

References 5 publications

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“…Towards the era of industrial revolution 4.0 which is loaded with the use of technology in its application. Research related to the application of several financial technologies has been carried out in line with the development of digital technology in strengthening zakat management through a financial technology system outlined, including in aulia rachman's research (Rachman & Salam, 2018). Research results show a major role in improving the quality and efficiency of financial services.…”

Section: B Theoritical 1 Zakat and Information Digitizationmentioning

confidence: 99%

Strategy for Optimizing Zakat Digitalization in Alleviation Poverty in the Era of Industrial Revolution 4.0

Santoso

2019

JURNAL EKONOMI DAN BISNIS ISLAM

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The era of innovation is disrupted providing space in the development of digital zakat management systems that are expected to increase public trust and make it easier for muzaki to pay zakat. The management of digital zakat is expected to increase the efficiency and efficiency of services in the management of zakat and increase zakat benefits to realize public welfare and poverty reduction. The research method used is descriptive qualitative with SWOT analysis techniques to analyze corporate strategy factors (strengths, weaknesses, opportunities and threats). This study found a strategy to optimize zakat through the improvement of governance systems and information on zakat-based digitalization institutions. In addition, the information system for mustahik and muzaki database needs to be improved in order to optimize the collection and distribution of zakat.Keywords: Zakat, Optimization, Digital

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Section: B Theoritical 1 Zakat and Information Digitizationmentioning

confidence: 99%

Strategy for Optimizing Zakat Digitalization in Alleviation Poverty in the Era of Industrial Revolution 4.0

Santoso

2019

JURNAL EKONOMI DAN BISNIS ISLAM

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“…The application and improvement of the use of technology in the Zakat Institution with the aim of efficiency is also supported by research by Wahab and Rahman (2011) which states that based on theory, technology is important in improving the level of efficiency. Meanwhile, Rachman and Nur Salam (2018), and Friantoro and Zaki (2019) state that technology is needed in terms of collecting and distributing zakat. This is related to the sensitivity analysis which shows that the efficiency value is sensitive to the variable of the amount of zakat collected and zakat distributed.…”

Section: Discussionmentioning

confidence: 99%

A Techno-Efficiency Analysis of Zakat Institutions in Indonesia

Atiya

Widiastuti

Cahyono

et al. 2020

ijaz

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Zakat institutions play an important role in managing zakat effectively and efficiently as described in Law no. 23 of year 2011. This study aims to analyze the efficiency of zakat institutions in Indonesia and determine the best ranking of the units observed. This study uses a descriptive quantitative approach with the Super Efficiency Analysis. The study objects are BAZNAS, Rumah Zakat, Dompet Dhuafa, and YBM PLN with the 2016-2018 observation period. Personnel costs, operational costs, and socialization costs are input variables. While the output variables used are the amount of zakat collected and the amount of zakat distributed. The results of super-efficiency measurement show that the 3 best DMU rankings were achieved by YBM PLN 2016, BAZNAS 2018 and BAZNAS 2017. While the other 9 DMUs were inefficient. Inefficiency is due to the not optimal amount of zakat collected and zakat distributed and the high use of socialization costs. The variable of the amount of zakat collected is the most sensitive variable to the value of efficiency. To achieve performance efficiency, technology can be utilized to improve input and output. This research can be used as an evaluation material for zakat institutions to optimize efficiency. Keywords: Super Efficiency; Zakat Institution; Technology

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“…The application and improvement of the use of technology in the Zakat Institution with the aim of efficiency is also supported by research by Wahab and Rahman (2011) which states that technology is important in improving the level of efficiency. Meanwhile Rachman & Nur Salam (2018) and Friantoro & Zaki (2019) state that technology is needed in terms of collecting and distributing zakat. This is related to the sensitivity analysis which shows that the efficiency value is sensitive to the variable of the amount of zakat received and distribution.…”

Section: Discussionmentioning

confidence: 99%

Techno-Efficiency Analysis of Zakat Institutions in Indonesia

Atiya

Widiastuti

Cahyono

et al. 2020

iconz

View full text Add to dashboard Cite

Zakat institutions play an important role in managing zakat effectively and efficiently as described in Law no. 23 of year 2011. This study aims to analyze the efficiency of zakat institutions in Indonesia and determine the best ranking of the units observed. This study uses a descriptive quantitative approach with the Super Efficiency Analysis technique Data Envelopment Analysis (DEA). The study objects are BAZNAS, Rumah Zakat, Dompet Dhuafa, and YBM PLN with the 2016-2018 observation period. Personnel costs, operational costs and socialization costs are input variables. While the output variables used are the amount of zakat collection and the amount of zakat distribution. The results of super-efficiency measurement show that the 3 best DMU rankings were achieved by YBM PLN 2016, BAZNAS 2018 and BAZNAS 2017. While the other 9 DMUs were inefficient. Inefficiency is due to the not optimal amount of zakat collected and distributed and the high use of socialization costs. The variable of the amount of zakat collected is the most sensitive variable to the value of efficiency. To achieve performance efficiency, technology can be utilized to improve input and output. This research can be used as an evaluation material for zakat institutions to optimize efficiency.

show abstract

The Reinforcement of Zakat Management through Financial Technology Systems

Cited by 55 publications

References 5 publications

Strategy for Optimizing Zakat Digitalization in Alleviation Poverty in the Era of Industrial Revolution 4.0

Strategy for Optimizing Zakat Digitalization in Alleviation Poverty in the Era of Industrial Revolution 4.0

A Techno-Efficiency Analysis of Zakat Institutions in Indonesia

Techno-Efficiency Analysis of Zakat Institutions in Indonesia

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