Optimization of Zakat Fund Management in Regional Zakat Institution

Tika Widiastuti and Imron Mawardi and Anidah Robani and Aam Slamet Rusdiana (2018) Optimization of Zakat Fund Management in Regional Zakat Institution. Humanities & Social Science Reviews, 6 (2). pp. 133-139. ISSN 2395-6518

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Official URL: https://giapjournals.com/index.php/hssr/issue/view...


Purpose: The implementation of zakat fund management especially in some zakat institutions is considered not optimum yet. This condition is represented by disparity between potential and actual collection. In Islam, the objective of zakatis not only to collect wealth and keep it idle, instead zakat should become a source of productive fund to fulfill societal needs. Some countries with advanced zakat institutions have developed zakatto become a pillar of economic development. Today, each zakat institution is competing against each other to innovate in zakat fund management. Empowerment in zakat institutions with the appropriate strategies will enhance zakat management and distribution for the betterment of zakat recipients (mustahiq) and the Muslim society at large. Design/Methodology/Approach: This research is aimed to analyze optimization of management in regional zakat institution with SWOT (strength, weakness, opportunity, threat) analysis approach with IFE-EFE Matrix. Descriptive qualitative analysis is used to explain optimization of fund in zakat institution. Major Findings: Findings of this research shows that zakat institution should improve their strategy by developing strength and turning threat into opportunities. Originality/Value: The study provides a guideline for regional zakat institution on how they can enhance their role and efficiency to boost the economic growth for the Islamic community in Indonesia. It may also be instrumental for the government to improve in efficiency and innovative manpower, considerable research and development in optimizing Islamic Gift Economy to enhance economic growth of the Islamic community of Indonesia.

Item Type: Article
Uncontrolled Keywords: Optimization, Zakat Fund Management, Islamic Economy, IFE-EFE Matrix
Subjects: B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > BP1-253 Islam
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance > HG4001-4285 Finance management. Business finance.Corporation finance
Divisions: 04. Fakultas Ekonomi dan Bisnis > Ekonomi Syariah
Tika WidiastutiNIDN0730128301
Imron MawardiNIDN0701027104
Aam Slamet RusdianaUNSPECIFIED
Depositing User: Tn Sugeng Riyanto
Date Deposited: 26 Feb 2020 01:57
Last Modified: 26 Feb 2020 01:57
URI: http://repository.unair.ac.id/id/eprint/94435
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