Distribution Of Zakat Funds To Achieve SDGs Through Poverty Alleviation In Baznas Republic Of Indonesia

Hasan, Zulfikar

doi:10.51377/azjaf.vol1no01.7

Cited by 23 publications

(30 citation statements)

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“…In contrast, investment, government spending and local revenue have a direct and insignificant effect on economic growth. It found that the immediate impact of private investment, government spending and labour on economic growth was greater than the indirect effect of private investment, government spending and work on economic growth through local revenue (Hasan, 2020a).…”

Section: Figure 1 Economic Growth In Riau Provincementioning

confidence: 98%

The Influence of Investment On The Economy In Riau Province Indonesia

Hasan¹,

Amor²

2022

JEB

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Economic growth is very important for all countries, one way to increase economic growth is to invest in both Domestic Investment (PMDN) and Foreign Investment (PMA). This study aims to analyze the effect of investment on economic growth in the Province. This research is quantitative research using secondary data from the Central Statistics Agency of the Republic of Indonesia, especially in the Province of Riau. The study results show that foreign investment and domestic investment, as well as several superior business sectors in Riau province, basically increase gross domestic product, which means it affects the economic growth of Riau province. The hope is that there is a need for coordination and a clear division of tasks and responsibilities between government units in districts in Riau Province to improve infrastructure services. Carry out a reform agenda in regional regulations. It is necessary to form an official investor forum and be carried out regularly, and Provincial and district governments should integrate policies and investment development programs (investment) following sectors/sub-sectors and highly competitive commodities in the region.

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Section: Figure 1 Economic Growth In Riau Provincementioning

confidence: 98%

The Influence of Investment On The Economy In Riau Province Indonesia

Hasan¹,

Amor²

2022

JEB

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“…Communities residing in disaster-prone areas need to be educated about disaster mitigation, and governments should provide adequate infrastructure and resources for disaster mitigation [40]. Civil society organizations, Zakat management institutions, and humanitarian organizations can assist in disaster mitigation efforts [9]. Actions that can be taken in disaster mitigation include building disaster-resistant infrastructure, developing early warning systems, educating the community on disaster preparedness, and conducting disaster preparedness simulations and exercises [41].…”

Section: Zakat and Disaster Mitigationmentioning

confidence: 99%

“…One form of donation with great potential is Zakat. Zakat plays a significant role in strengthening efforts to reduce the impact of disasters because the funds can be used for various protection, prevention, and post-disaster recovery activities [9].…”

Section: Introductionmentioning

confidence: 99%

Zakat for Humanity in Disaster Mitigation

Hulwati,

Andespa,

Mujiono

et al. 2024

IJSDP

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This research aims to investigate how Zakat is disbursed to aid in disaster relief efforts and its role in humanitarian efforts during and after disasters, using the case study of the 2018 Lombok earthquake in Indonesia. Data for this study were collected through interviews with BAZNAS managers using a semi-structured interview method. The steps in analyzing interview data involved data coding, identifying themes or patterns, developing a narrative, and developing a theory. The main findings of the research indicate that the distribution of Zakat for disasters has sustained impacts on the environment, social aspects, and the economy of affected communities. It highlights the crucial role of Zakat in disaster mitigation for humanitarian purposes. The theoretical implications of these findings affirm the critical role of Zakat in disaster mitigation, an aspect that has not been fully explored in previous academic literature. These findings contribute to the development of Islamic social finance by highlighting the role of Zakat in disaster management and exploring its potential application in humanitarian efforts and disaster mitigation. The practical implications for the government include enhancing collaboration between BAZNAS and disaster relief agencies and improving public understanding of Zakat principles for humanitarian purposes and disaster mitigation.

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“…Almost 80%-90% of Islamic banks operate based on the Mudarabah model, as it provides more freedom for firms to operate with having no interference from bank in the management decisions of the firm. According to Dhumale and Sapcanin (1998) and Hassan (2010), in this model, Islamic banks need to arrange the money for short-term purposes to fulfil their financial requirements for meeting the day-to-day basis operations.…”

Section: Working Capital Management Perspectives -Islamic Finance Con...mentioning

confidence: 99%

Islamic Finance an alternative mode for short term financing – working capital management

Kayani¹

2022

IMEFM

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PurposeThis paper aims to review and compare the conventional and Islamic perspectives of working capital management (WCM) to devise the best option of financing for managing working capital (WC) in South Asia. The paper also aims to help the business world for running its operations more smoothly by devising an alternative source of financing especially during crises such as the global financial crisis 2008 and the COVID-19 pandemic.Design/methodology/approachThe divergence approach is used for a critical analysis of existing literature to derive the best possible alternative to the conventional system of financing.FindingsThis paper identifies that Islamic financing is an appropriate mode of financing as compared to conventional financing for meeting WC requirements in South Asia. Furthermore, under Islamic financing, the best available alternative way for managing WC needs is theMudarabahIslamic mode of financing.Research limitations/implicationsThis is a theoretical paper and thus does not include empirical results.Practical implicationsThis paper provides conventional and Islamic perspectives of WCM. The Islamic banks in South Asia may devise policies to encourage and convenience firms for usingMudarabahmode for meeting their WC needs instead of conventional sources. This paper also identifies that small and medium enterprises may be targeted by Islamic banks in Asian markets for providing funds for their smooth operations especially during a financial crisis when conventional banks refuse to lend. This will help managers to run businesses more efficiently and effectively especially during any kind of financial crisis in the future.Originality/valueTo the best of the author’s knowledge, this is the first study that studies the relationship between WCM and Islamic financing in comparison to conventional financing. Although prior studies identify an alternative to conventional financing as Islamic financing, no one studied while considering the WC as the main variable. This paper informs practitioners and researchers about a “state of the art” Islamic perspective of WCM.

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Distribution Of Zakat Funds To Achieve SDGs Through Poverty Alleviation In Baznas Republic Of Indonesia

Cited by 23 publications

References 0 publications

The Influence of Investment On The Economy In Riau Province Indonesia

The Influence of Investment On The Economy In Riau Province Indonesia

Zakat for Humanity in Disaster Mitigation

Islamic Finance an alternative mode for short term financing – working capital management

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