2020
DOI: 10.14421/ekbis.2020.4.2.1270
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Zakat Blockchain: A Descriptive Qualitative Approach

Abstract: Zakat as a tremendously effective tool for poverty minimization and social problems resolution, just like digital wallets can be used and optimized within the potential use of blockchain technology. Furthermore, zakat blockchain is one of the media instruments to cut the chain of zakat management and distribution, which is complex and requires much time. The synergy of amil zakat and muzakki in zakat blockchain is the right answer for welfare and time efficiency in distributing zakat to asnaf wherever they are… Show more

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Cited by 12 publications
(13 citation statements)
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“…This type of research is descriptive qualitative [9]. The research location is located in Dombu Village, West Marawola District, Sigi Regency, Central Sulawesi Province.…”
Section: Methodsmentioning
confidence: 99%
“…This type of research is descriptive qualitative [9]. The research location is located in Dombu Village, West Marawola District, Sigi Regency, Central Sulawesi Province.…”
Section: Methodsmentioning
confidence: 99%
“…The government formed BAZNAS with community members and the government to collect, distribute and utilize zakat funds according to religious provisions. In contrast, LAZNAS was formed by the community and authorized by the government to collect, distribute and distribute zakat funds according to religious provisions (Hamdani, 2020).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Based on data from the National Amil Zakat Agency (2019), the collection of zakat funds reached IDR 10 trillion with a total potential of IDR 217 trillion (BAZNAS, 2019). The zakat management system consists of five stages: management planning, collection, regulation, distribution, and distribution (Hamdani, 2020).…”
Section: Introductionmentioning
confidence: 99%
“…In particular, the platform facilitates easier transactions, better access to sharia-based financial products (especially zakat instruments), and improved financial literacy. The combination of zakat and blockchain enables muzakki, mustahiq, and muzakki to be better focused and organized in managing zakat (Hamdani, 2020). Zulfikri et al (2021) propose using blockchain technology to improve trust in ZMOs because of its transparency and auditability.…”
Section: The Potentials Of Blockchain Zakatmentioning
confidence: 99%