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Analysis of the Role of Productive Waqf as a Fiscal Policy Instrument in Islamic Economic Asep Hasan Sulaeman; Rohman Pranoto; Cahyudi Prima; Tatang Hidayat; Miftah Wangsadanureja
Dirham : Journal of Islamic Economics Vol. 1 No. 1 (2026): Dirham : Journal of Islamic Economics
Publisher : Sekolah Tinggi Agama Islam Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/dg5hfc02

Abstract

 This study looks at how productive waqf can be a key tool in fiscal policy under an Islamic economic system, highlighting its ability to help a country achieve financial independence. The study uses a qualitative library research approach to gather and combine information from historical Islamic texts, scientific articles, and official documents about public finance. The results show that productive waqf is an important and lasting source of income for the government, helping it fund public services like education and infrastructure without having to take on debt that involves interest or pay too much in taxes. Historical models from the time of Caliph Umar bin Khattab, handled through the Baitul Maal, show a good example of a balanced budget and fair sharing of wealth. In today's situation, even though Indonesia's yearly cash waqf potential could be as high as Rp 15 trillion to Rp 180 trillion, there is still a big gap in literacy, which is a major problem. Modern innovations such as Cash Waqf-Linked Sukuk, digital platforms, and partnerships with small businesses—like those used by institutions like Al-Azhar—show how productive assets can have a big impact by creating a large multiplied effect. This study says that including waqf in the official financial system is important for reaching falah and the Sustainable Development Goals, but only if there is good management by nadzir, helpful laws, and the use of digital technology.  
Integration of Zakat and Taxes as Fiscal Policy Instruments Abdussalam; Asep Hasan Sulaeman; Nurwahyu Fikri Ardhitiana
Dirham : Journal of Islamic Economics Vol. 1 No. 1 (2026): Dirham : Journal of Islamic Economics
Publisher : Sekolah Tinggi Agama Islam Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/4z3kdx66

Abstract

This research is motivated by various public opinions regarding zakat and taxes, indicating that the role of taxes is not yet fully optimal in supporting government revenues, especially during economic crises. The objective of this research is to examine how zakat and taxes can be integrated as fiscal policy instruments. This research employs a qualitative method with a library research approach and an exploratory study. Data collection is conducted through documentation, which includes books, journals, online articles, and other relevant sources. The results indicate that zakat and taxes can be integrated as fiscal policy instruments. Based on the trilogy of fiscal policy functions—namely allocation, distribution, and stabilization—zakat and taxes share fundamental similarities in addressing national economic problems, particularly during inflation and financial crises. Therefore, zakat should be considered by the government as a complementary fiscal policy instrument to support state revenues. 
Digital Transformation of New Student Admissions through a Self-Hosted Web-Based PMB System at STAI Minhajul Haq: An Analysis of Efficiency and Operational Costs Rizaldy Alpiansyah; Irfan Alkhotiri; Agus Salim; Asep Hasan Sulaeman
Al Musa’adah : Journal of Community Service STAI Minhajul Haq Vol. 1 No. 2 (2026): Volume 1 Number 2, 2026
Publisher : STAI Minhajul Haq

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66891/a07pyh55

Abstract

This research conducts an in-depth analysis of the operational efficiency and financial feasibility of implementing a self-hosted web-based New Student Admission (PMB) system compared to a commercial Software as a Service (SaaS) subscription platform within the STAI Minhajul Haq environment. In the era of Education 4.0, the demand to digitize academic administration processes has become increasingly crucial, yet many small to medium-sized higher education institutions face structural constraints in the form of limited budgets for adopting high-cost technology platforms. As a strategic solution, this independent PMB system was developed utilizing low-cost local hosting infrastructure directly integrated with a cloud spreadsheet application programming interface (API) to support real-time academic administration. Utilizing a comparative descriptive quantitative approach, this study evaluates various dimensions of information technology governance, encompassing the Total Cost of Ownership (TCO) structure calculation, workflow administrative efficiency through a time-motion study framework, data integration accuracy, cybersecurity evaluation, user satisfaction levels based on a Likert Scale questionnaire, and the alignment of sustainable digital governance using the COBIT 5 framework. The results of secondary and primary data analysis indicate that the implementation of a self-hosted PMB system can reduce annual operational costs by more than eighty percent when compared to standard SaaS subscription packages for an equivalent student capacity. In terms of operational efficiency, the application of automated integration successfully slashed applicant data processing time from over ten minutes to less than thirty seconds per individual, effectively eliminating double data entry redundancy and suppressing human error to a marginal level. Based on the Likert Scale survey, administrators reported a significant increase in satisfaction regarding ease of use, accessibility, and cognitive workload reduction. Furthermore, security hardening through the implementation of parameterized queries and secure HTTP headers ensures data integrity remains protected. This study empirically proves that low-cost digital transformation is not merely a temporary financial compromise, but an adaptive, secure, high-performing, and sustainable academic governance strategy for educational institutions operating with limited resources.