The role of Sharia compliance, Good Corporate Governance, Competence on SUMUT zakat management

Akmal Huda Nasution, Tapi Rumondang Sari Siregar, Haikal Rahman, Hendra Kurnia Putra

Abstract


Introduction to The Problem: Zakat, a core Islamic practice, mandates Muslims to give to needy people. Indonesia's sizable Muslim population and Islamic financial institutions create substantial zakat potential. However, effective collection and distribution face hurdles, including a lack of understanding, trust, and optimal management. Legislation and education efforts aim to improve zakat management, with transparency and good governance crucial. Enhancing public awareness and accountability can unlock the full potential of zakat funds for social welfare.

Purpose/Objective Study: This study aims to analyze the effect of Sharia compliance, Good Corporate Governance, and Amil Zakat competence on zakat management in North Sumatra Province.

Design/Methodology/Approach: The population of this study is all Amil Zakat in North Sumatra Province, while the sample is all managers of the Institution of Zakat in North Sumatra Province which are under the auspices of the National Board of Zakat Republic of Indonesia (BAZNAS) of North Sumatra Province. Data were collected through a questionnaire instrument and analyzed using descriptive statistical analysis techniques and Structural Equation Model (SEM) analysis.

Findings: The results of the study show that Sharia compliance has a positive and significant influence on the management of zakat. The implementation of Good Corporate Governance (GCG) in zakat management institutions also has a positive impact on zakat fund collection, good reputation, and transparency and accountability in the distribution of zakat funds. As well as amil competence also has a positive and significant influence on the management of zakat. The results of the study also emphasize the importance of Sharia compliance, the implementation of Good Corporate Governance, and increasing the competence of amil in zakat management. To improve zakat management, zakat institutions, government and society need to work together to ensure fair, transparent and competitive zakat management.

Keywords


Sharia Compliance; GCG; Competence; Zakat Management

Full Text:

PDF

References


Afif Muhamat, A., Jaafar, N., Emrie Rosly, H., & Abdul Manan, H. (2013). An appraisal on the business success of entrepreneurial asnaf: An empirical study on the state zakat organization (the Selangor Zakat Board or Lembaga Zakat Selangor) in Malaysia. Journal of Financial Reporting and Accounting, 11(1), 51–63.

Amalia, E., Rodoni, A., & Tahliani, H. (2018). Good Governance in Strengthening the Performance of Zakat Institutions in Indonesia. KnE Social Sciences, 223–241.

Apriyanti, H. W. (2018). Model Inovasi Produk Perbankan Syariah di Indonesia. Economica: Jurnal Ekonomi Islam, 9(1), 83–104.

Ardani, R., Kosim, A., & Yuniartie, E. (2019). Analisis kinerja lembaga amil zakat pada badan amil zakat nasional (Baznas) Kabupaten Ogan Ilir dengan metode Indonesia magnificence zakat (IMZ). Akuntabilitas, 13(1), 19–32.

Ataunur, I., & Ariyanto, E. (2016). Pengaruh Kompetensi dan Pelatihan terhadap Kinerja Karyawan PT. Adaro Energy Tbk. Telaah Bisnis, 16(2).

Atsarina, A. (2018). Analisis Penerapan Good Corporate Governance Pada Organisasi Pengelola Zakat (Studi Kasus di Badan Amil Zakat Nasional dan Dompet Dhuafa). Jurnal Menara Ekonomi: Penelitian Dan Kajian Ilmiah Bidang Ekonomi, 4(2).

Aulia, F. U., Charolina, N. M., & Febrianingrum, L. (2021). Good Corporate Governance (GCG) sebagai Faktor Penentu Loyalitas Nasabah Bank Umum Syariah. Akuntansi: Jurnal Akuntansi Integratif, 7(2).

Bhatti, M., & Bhatti, I. (2009). Development in legal issues of corporate governance in Islamic finance. Journal of Economic and Administrative Sciences.

Canggih, C., Fikriyah, K., & Yasin, A. (2017). Potensi dan realisasi dana zakat indonesia. Al-Uqud: Journal of Islamic Economics, 1(1), 14–26.

Dikuraisyin, B. (2021). Balanced Scorecard Analysis of Amil Kompetensi Competence as a Model Rule for the Development of Zakat Institutions Resources (Study at LAZ Rumah Zakat Surabaya, East Java):(Analisis Balanced Scorecard terhadap Kompetensi Amil sebagai Rule Model Pengemban. El-Qist: Journal of Islamic Economics and Business (JIEB), 11(2), 164–181.

Faozan, A. (2015). Peran Dewan Pengawas Syariah (Dps) Dalam Penerapan Shariah Compliance Pada Baitul Maal Wa Tamwil (Bmt) Di Kota Purwokerto. Jurnal Penelitian Agama, 16(1), 143–157.

Febianto, I. (2011). Shariah compliant model of business entities. World Journal of Social Science, Forthcoming.

Firmansyah, I., & Devi, A. (2017). The implementation strategies of good corporate governance for zakat institutions in Indonesia. International Journal of Zakat, 2(2), 85–97.

Fouad, N. A., Grus, C. L., Hatcher, R. L., Kaslow, N. J., Hutchings, P. S., Madson, M. B., Collins Jr, F. L., & Crossman, R. E. (2009). Competency benchmarks: A model for understanding and measuring competence in professional psychology across training levels. Training and Education in Professional Psychology, 3(4S), S5.

Hidayat, D. (2018). Pengaruh Corporate Governance dan Sharia Compliance Terhadap Nilai Perusahaan Dalam Penawaran Saham Perdana (Initial Public Offering) Pada Bursa Efek Indonesia. Al-Falah: Journal of Islamic Economics, 3(2), 63–84.

Imamah, N. (2020). Pengaruh Penerapan Standar Akuntansi Zakat (Psak 109), Shariah Compliance, Transparansi Dan Kompetensi Sumber Daya Manusia (Amil) Terhadap Pengelolaan Dana Zakat (Studi kasus Lembaga Pengelola Dana Zakat Kabupaten Pemalang). Jurnal Akuntansi Dan Keuangan Daerah, 15(2), 1–11.

UU Republik Indonesia No. 23 Tahun 2011 tentang Pengelolaan Zakat, (2011).

Juanda, R. (2017). Analisis Fatwa Majelis Ulama Indonesia Nomor 14 Tahun 2011 Tentang Penyaluran Harta Zakat Dalam Bentuk Aset Kelolaan Persfektif Fiqh Muamalah. Universitas Islam Negeri Sultan Syarif Kasim Riau.

Kooskusumawardani, N., & Birton, M. N. A. (2016). Pengaruh Kompetesi Dan Independensi AuditorDalam Pelaksanaan Sharia Compliance Di Lembaga Keuangan Syariah (LKS). Simposium Nasional Akuntansi XIX, Lampung.

Kurniasari, S. (2013). Analisis Implementasi Good Corporate Governance Pada organisasi pengelola zakat di yogyakarta. Journal of Chemical Information and Modeling, 53(9), 1689–1699.

Lubis, M., Lubis, A. R., & Almaarif, A. (2019). Comparison of the approach in the Zakat management system. Journal of Physics: Conference Series, 1235(1), 12048.

Menne, F., Surya, B., Yusuf, M., Suriani, S., Ruslan, M., & Iskandar, I. (2022). Optimizing the financial performance of smes based on sharia economy: Perspective of economic business sustainability and open innovation. Journal of Open Innovation: Technology, Market, and Complexity, 8(1), 18.

Mukhlishin, M. (2018). Analisis Laporan Auditor Independen No. 11/048/01/NR. 01/12 Keuangan Badan Amil Zakat Nasional (BAZNAS). Jurnal Ulul Albab, 22(2).

Mutamimah, M., Tholib, M., & Robiyanto, R. (2021). Corporate governance, credit risk, and financial literacy for small medium enterprise in Indonesia. Business: Theory and Practice, 22(2), 406–413.

Nasution, S. B., Nofinawati, N., & Batubara, S. (2022). Penyaluran Dana Zakat dan Dana Kebajikan pada PT. BSI KCP Gunung Tua. Journal of Islamic Social Finance Management, 3(1), 81–93.

Ninglasari, S. Y., & Muhammad, M. (2021). Zakat digitalization: effectiveness of zakat management in the COVID-19 pandemic era. Journal of Islamic Economic Laws, 4(1).

Nurhasanah, S., & Suryani, S. (2018). Maksimalisasi potensi zakat melalui peningkatan kesadaran masyarakat. JEBI (Jurnal Ekonomi Dan Bisnis Islam), 3(2), 185–194.

Pamungkas, T. N., & Nurcahyo, B. (2018). The Role of Multinationality and Transfer Pricing on the Effect of Good Corporate Governance (GCG) and Company’s Performance in Tax Avoidance. Journal of Global Economics, 6(4), 1–8.

Pratiwi, D. W., & Ridlwan, A. A. (2019). Pengaruh Religiusitas, IGCG, dan Motivasi terhadap Kepercayaan Muzaki pada Amil Zakat Surabaya. Jurnal Ekonomi Islam, 2(3), 72–81.

Puspitasari, R. D., & Darma, E. S. (2019). Pengaruh implementasi syariah governance terhadap kepuasan dan loyalitas muzakki (studi pada lembaga amil zakat Se-DIY). Reviu Akuntansi Dan Bisnis Indonesia, 3(1), 67–84.

Rahayu, S. (2019). Kualitas Infromasi Akuntansi Dan Tingkat Penerimaan Dana Zakat Pada Lembaga Amil Zakat Di Kota Medan. Jurnal Investasi Islam, 4(2), 116–126.

Rahman, M. T., Rosyidin, I., & Dulkiah, M. (2018). Promoting Social Justice through Management of Zakat. Proceedings of the 1st International Conference on Recent Innovations, 1(1), 1699–1706.

Riyani, D. (2021). Implementasi Good Corporate Governance Pada Peningkatan Kinerja Badan Amil Zakat Nasional. AL-IFKAR: Jurnal Pengembangan Ilmu Keislaman, 15(01), 154–169.

Roziq, A., Pratiwi, D. A., Irmadariyani, R., Wardayati, S. M., & Hisamuddin, N. (2021). Determining Variables the Level of Trust and Commitment of Muzaki in Paying Zakat. Scholars Journal of Economics, Business and Management, 8(2), 52–57.

Sawmar, A. A., & Mohammed, M. O. (2021). Enhancing zakat compliance through good governance: a conceptual framework. ISRA International Journal of Islamic Finance.

Setiadi, M. R., & Hambali, Y. (2016). Peran Amil Zakat dalam Mengoptimalkan Zakat Produktif: Studi Analisis Badan Amil Zakat Daerah (BAZDA) Kota Bekasi. MASLAHAH (Jurnal Hukum Islam Dan Perbankan Syariah), 7(1), 49–70.

Sumarni, Y., & Mustika, E. (2021). Analisis Kompetensi Mahasiswa Menjadi Amil Zakat Profesional (Studi Pada Mahasiswa Prodi Manajemen Zakat dan Wakaf IAIN Bengkulu). ZAWA: Management of Zakat and Waqf Journal, 1(2), 10–14.

Susilowati, D., & Setyorini, C. T. (2018). Efektivitas tata kelola dana zakat. Jurnal Akuntansi Multiparadigma, 9(2), 346–364.

Suyatman, U. (2014). Membangun Keunggulan dan Daya Saing Lembaga Zakat melalui Pengembangan Corporate Culture. Jurnal Al-Tsaqafa Adab Dan Humaniora, 11(1), 154–162.

Syafi, A. (2016). Prospek zakat dalam perekonomian modern. ZISWAF: Jurnal Zakat Dan Wakaf, 1(1), 1–26.

Usmadyani, D. V., & Aji, G. (2022). Pengaruh Pengendalian Internal, Penerapan Akuntansi Zakat, Transparansi, dan Kompetensi SDM terhadap Akuntabilitas Keuangan. Jurnal Akuntansi Dan Audit Syariah (JAAiS), 3(1), 1–19.

Usman, H., Sobari, N., & Al Hasan, F. A. (2020). The impact of sharia compliance on sharia hotel services and customers satisfaction. The East Asian Journal of Business Management, 10(3), 5–12.

Yazid, A. A. (2017). Faktor-Faktor yang mempenagruhi minat muzakki dalam menunaikan zakat di nurul hayat cabang Jember. Economic: Journal of Economic and Islamic Law, 8(2), 173–198.

Yudha, A. T. R. C., Wijayanti, I., Ryandono, M. N. H., & Petra, D. H. S. P. H. (2021). Financial Inclusion through Zakat Institution: Case Study in Indonesia and Brunei Darussalam. International Journal of Islamic Business and Economics (IJIBEC), 5(2), 129–141.

Yusuf, M., Hendry, A., Mulyono, S., Azizah, K., Subandi, S., Marpaung, N. N., Rubadi, R., Pangestuti, D. C., Dwiputri, R. M., & Kamar, K. (2022). Effect of Sharia Complaince, Governance, and Socisl Responsibility on Business Sustainability: Mediating Role of Busniess Growth. Academy of Entrepreneurship Journal, 28, 1–11.

Zulaekah, S. Z., Oftafiana, T., & Rohmah, M. A. (2022). The effect of sharia audit on the level of public trust in the National Zakat Amil Tulungagung. BALANCE: JOURNAL OF ISLAMIC ACCOUNTING, 3(2), 124–142.




DOI: https://doi.org/10.37058/jes.v8i2.8451

Refbacks

  • There are currently no refbacks.


Journal index by:

 

 

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.