Productivity of Waqf Funds in Indonesia

Uula, Mimma Maripatul

doi:10.58968/ijf.v2i1.151

Cited by 5 publications

(5 citation statements)

References 21 publications

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“…The results of this study also contradict research from Uula (2022) of waqf productivity in Indonesia can decline due to several factors, including the lack of facilities to increase the economic value of waqf assets, limited understanding of waqf, lack of public trust in waqf institutions, and the absence of integrated data related to waqf (BWI, 2021). On the other hand, the level of waqf productivity can be increased by maximizing the potential of related assets to support the national economy and improve the welfare of the people.…”

Section: Resultscontrasting

confidence: 93%

Measuring the Productivity of Indonesia Waqf Institution (2015-2021): A Malmquist Index

Maulida,

Laila

2024

IJW

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This study aims to measure the productivity of waqf institutions in Indonesia using the Malmquist Productivity Index (MPI) method with the research period 2015-2021. The research objects used are 6 waqf institutions in Indonesia. The data from this study comes from the annual financial statements of each institution from the 2015-2021 period. The input variables in this study are employee costs, operational costs and fixed assets. And for the output variable is the collection and distribution of waqf. The results of this study explain that during the 2015-2021 period, the productivity level of waqf institutions in Indonesia had a fluctuating trend from year to year. Based on the average tfpch score, it is concluded that the productivity of waqf institutions shows an increase and technological change contributes optimally to the increase in the productivity of waqf institutions in Indonesia. Furthermore, the Covid-19 pandemic phenomenon does not have a significant impact on the productivity level of waqf institutions in Indonesia.

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Section: Resultscontrasting

confidence: 93%

Measuring the Productivity of Indonesia Waqf Institution (2015-2021): A Malmquist Index

Maulida,

Laila

2024

IJW

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“…In productivity analysis, a value of one means there is no change in productivity or productivity is relatively stagnant, x> 1 means there is an increase in productivity and x < 1 means there is a decrease in productivity. The calculation of total productivity change starts from the second year, MPI measurement will use DEAP 2.1 software, which will produce five measures of change for each period it measures, as follows (Uula, 2022;Hamidi & Rusydiana, 2019;Uula et al, 2023;Herindar et al, 2021):…”

Section: Methodsmentioning

confidence: 99%

Efficiency and Productivity Performance of Dompet Dhuafa based on the Type of Fund for 2010-2019

Maliha

2024

RIA

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The Islamic social finance industry in Indonesia is one of the industries that is growing very rapidly every year. This can be seen from the growth in the number of zakat management institutions that continue to increase, both those formed by the government and those formed by the community. The rapid development of the number of zakat management institutions raises the level of competition between zakat institutions getting stronger. To be able to compete in this industry, Dompet Dhuafa as one of the zakat management institutions must be able to compete with other zakat management institutions by improving performance optimally. The purpose of this study is to analyze the level of performance efficiency and productivity of Dompet Dhuafa for the 2010-2019 period based on the type of funds it manages. The methods used in this research are Data Envelopment Analysis (DEA) and Malmquist Productivity Index (MPI) methods. The estimation results show that Dompet Dhuafa has not achieved an optimal level of performance efficiency and relatively low productivity. This can be seen from the average efficiency score from 2010-2019 which only reached 0.66 and the average productivity level of Dompet Dhuafa reached 0.958.

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“…Other studies related to efficiency and productivity measurement on waqf and other Islamic social finance institutions for the example can be found at Rohmatullah (20220, Putri (2022), Rusydiana et al, (2022), Uula (2022), and also Khamis & Salleh (2018) study.…”

Section: Introductionmentioning

confidence: 99%

Assessing the Efficiency of Waqf Institutions in Indonesia: A Non-Parametric Approach

Maulida,

Mi'raj

2024

ISF

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Maintaining waqf performance is important to ensure that waqf assets are well managed. The effectiveness and efficiency of waqf asset management is crucial so that progress can be measured. This study aims to evaluate the efficiency of waqf institutions in Indonesia during the 2015-2021 period using the non-parametric Data Envelopment Analysis (DEA) approach. The research object includes six waqf institutions in Indonesia, with data obtained from the annual reports of each institution. The results show that during the observation period, no waqf institution has managed to achieve the optimum efficiency score. In addition, the efficiency trend of waqf institutions shows a downward trend, especially during the Covid-19 pandemic. Through potential improvement analysis, this study succeeded in identifying the main factors causing the inefficiency of waqf institutions. In particular, output variables such as waqf fund receipts and disbursements become the main focal points for efficiency improvement.

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Productivity of Waqf Funds in Indonesia

Cited by 5 publications

References 21 publications

Measuring the Productivity of Indonesia Waqf Institution (2015-2021): A Malmquist Index

Measuring the Productivity of Indonesia Waqf Institution (2015-2021): A Malmquist Index

Efficiency and Productivity Performance of Dompet Dhuafa based on the Type of Fund for 2010-2019

Assessing the Efficiency of Waqf Institutions in Indonesia: A Non-Parametric Approach

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