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Journal : ADDIN

Developing Best Measurement and Reporting of Waqf Institutions: Socio-Economics and Governance Impact (Indonesia Case) Aryani, Dwi Nita; B, Bunyamin; Mauludin, Hanif; Masruki, Rosnia; Hanefah, Mustafa Mohd
ADDIN Vol 15, No 1 (2021): ADDIN
Publisher : LPPM IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/addin.v15i1.10289

Abstract

This study aims to analyse the current practices of disclosure of financial and non-financial reports of waqf institutions in Indonesia; to identify the performance indicators concerning social economic and governance impact of waqf; to suggest the best reporting framework for waqf institutions in Indonesia. A qualitative method was employed to measure the content analysis of annual report. Data are collected by downloading annual reports of waqf institutions from their website. Twenty waqf boards of 201 registered waqf institutions as the sample of participants. The disclosure of performance reports were measured by counting 57 disclosure items. The results indicate that waqf boards in Indonesia do not have a guidance or list for reporting their activities; methods on how to assess waqf board performance and the impact of waqf on social-economic and governance. They did not comply with 57 disclosure items, and none of waqf board reported the impact of waqf on social-economic and less governance. The proposed guidance and measurement will give managerial implications and useful for waqf boards to make good reports, and assess the impact of waqf on social, economic, and improving its governance.
Developing Best Measurement and Reporting of Waqf Institutions: Socio-Economics and Governance Impact (Indonesia Case) Dwi Nita Aryani; Bunyamin B; Hanif Mauludin; Rosnia Masruki; Mustafa Mohd Hanefah
ADDIN Vol 15, No 1 (2021): ADDIN
Publisher : LPPM IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/addin.v15i1.10289

Abstract

This study aims to analyse the current practices of disclosure of financial and non-financial reports of waqf institutions in Indonesia; to identify the performance indicators concerning social economic and governance impact of waqf; to suggest the best reporting framework for waqf institutions in Indonesia. A qualitative method was employed to measure the content analysis of annual report. Data are collected by downloading annual reports of waqf institutions from their website. Twenty waqf boards of 201 registered waqf institutions as the sample of participants. The disclosure of performance reports were measured by counting 57 disclosure items. The results indicate that waqf boards in Indonesia do not have a guidance or list for reporting their activities; methods on how to assess waqf board performance and the impact of waqf on social-economic and governance. They did not comply with 57 disclosure items, and none of waqf board reported the impact of waqf on social-economic and less governance. The proposed guidance and measurement will give managerial implications and useful for waqf boards to make good reports, and assess the impact of waqf on social, economic, and improving its governance.
Co-Authors A/P Nagenthran, Yarshinni Abdullah Lating, Fadil Abhijit Das Aggarwal, Juhi Aggarwal, Reetika Ahmad Fauzan Aini, Fica Aida Nadhifatul Ainurohmah, Afizah Sabrina Amey Desai Anantharavoo, Levisha Annisa Alief Rahmaniar Arif, Wibowo Aris Bachtiar Asim, Mohamed Avinas Kumar Dubey Ayu Liskinasih B, Bunyamin binti Abd. Rahman, Nur Insyirah binti Esa, Nur Khadijah binti Fadzil, Nur Farra Diana binti Hassan, Nur Iffah Atirah Bunyamin Bunyamin Bunyamin Bunyamin Camilo Pérez-Restrepo Carolina Ardila Lopez Chandran, Dharaniya A/P Ravi Chaudhary, Princy Chauhan, Priyanshi Cheah, Yu Xuan Cheang, Wen Hui Chee, Yu Xuan Chen, Ng Wei Chen, Yiming Chetana S Chew, Wei Ping Ching, Lee Yi Choon Yan Lim Christian Prasetyo Chung Hong Lim Cui Wen Lee Dabeer, Sindhu L Daisy Kee Mui Hung Daisy Mui Hung Kee Daisy Mui Hung Kee Damayanti, Made Dwi Dana Xing Yue Hoo Das, Abhijit Deborah Hong Ru Lim Desai, Amey Desy Nindy Alisa Dharaniya A/P Ravi Chandran Diah Anggraini Dian Wahyu Agustin Dubey, Avinas Kumar Eddy Suprihadi Edeh, Friday Ogbu editor aibpm Efendi , Erfan Elyoni Inez Sandra Suardi Evi Maria Fang, Feng Farida Munawaroh Faturrahman, Iqbal Fera Tj Fera Tjahjani Friday Ogbu Edeh Gahlaut, Ritika Ganatra, Varsha Hariadi, Sugeng Hartutik (Hartutik) Hartutik Hartutik Hazarika, Anurag Himanshi Singh Hoo, Dana Xing Yue Hui Yee Yong Hui, Lim Sheue Hung Kee, Daisy Mui Hung, Daisy Kee Mui Idderena Yosanti Imama Zuchroh Imama Zucroh Inni Dian Rohani Iqbal Faturrahman Irawan Budi Prasetyo Jauhari Ibnu Hamdani Jia Ching Lee Jia Long Lee Jiahui Li Juhi Aggarwal Kadarusman . Kah Huey Lai Kannappan, Thirumagal A/P Kean, Koay Loke Kee, Daisy Mui Hung Kesavan, Kashwini A/P Khang Jie Lee Khor, Yun Xuan Kia Hui, Gan Koay, Wei Lun Kok Ban Teoh Kornelia Selvia Lai, Kah Huey Lating, Noval Ali López, Carolina Ardila Lee, Cui Wen Lee, Jia Ching Lee, Jia Long Lee, Khang Jie Lee, Louis Yong Yu Lee, Yee Hsien Levisha Anantharavoo Li, Jiahui Li, Yurou Liew, Yee Wen Lim, Choon Yan Lim, Chung Hong Lim, Deborah Hong Ru Liq Ooi, Lyn Lunsa, Virly Assa Mahotari Madhusmithii Maisarah Said Mamtani, Meghna Manvi Poojary Marcellino Dwi Rahmanda Agasi Masruki, Rosnia Meghna Mamtani Ming Hooi, Khor Mohamad Ali Imran Muhammad Mahesa Ramadhan Mustafa Mohd Hanefah Mustafa Mohd Hanefah, Mustafa Mohd Nair, Rajesh Kumar Nayak, Prajna Nevi Danila Nevi Danila Niken Paramita Nissa, Khoirun Nunung N Nunung Nurastuti Utami Nunung Nurastuti, Nunung Nur Farra Diana binti Fadzil Nur Iffah Atirah binti Hassan Nur Insyirah binti Abd. Rahman Nur Khadijah binti Esa Padmalini Singh Padmayuda Tri Rachmawan Pérez-Restrepo, Camilo Pei Xuan Lee Poddar, Suresh Prajna Nayak Prasetyo , Christian Punjika Rathi Qian Lee Wei R. Melda Maesarach Rahmat Fauzi Rajesh Kumar Nair Rajesh Kumar Nair Rina Rahmawati Rina Rahmawati, Rina Rosnia Masruki Rosnia Masruki Rupesh Sinha Rupesh Sinha S, Chetana Salam, Mifta Darus Salsabila, Unik Hanifah Samarth, Tejas Samuel Williem Maupula Saputra, Achbar Adi Sattar, Nahian Selvia, Kornelia Setiawan Setiawan Setyawan Setyawan Shahwatul Hajjah Islamia Wijaya Sharmila Thulasedass Shiang Lan Low Shiyas, Mohammed Sindhu L Dabeer Singh, Himanshi Singh, Padmalini Sinha, Rupesh Siti Munfaqiroh Soeparto Suardi, Elyoni Inez Sandra Subramaniam, Tanuja A/P Sugeng H Sugeng Hariadi Suhartatik Sulih Indra Dewi, Sulih Indra Swee Yi Lee Syukli Noor Azmin, Irdina Zulaikha binti Tan, Yee Shan Tanuja A/P Subramaniam Tarra, Mustika Teguh Widodo Teh, Yi Ching Tejas Samarth Teoh, Kok Ban Theresa, Kezia Pratnya Thirumagal A/P Kannappan Thulasedass, Sharmila Tjahjani, Fera Triana Murtiningtyas Triana Triana Varsha Ganatra Varsha Ganatra Wei Lun Koay Wei Ping Chew Wei, Koh Teng Wibowo Arif Widanarni Pudjiastuti Widanarni Pudjiastuti WIDANARNI WIDANARNI Wijaya, Shahwatul Hajjah Islamia Xia, Jamin Kun Peng Xuan Lee Wen Yarshinni A/P Nagenthran Yee Hsien Lee Yee Shan Tan Yee Wen Liew Yi Ching Teh Yilin, Guo Yong, Hui Yee Yosanti, Idderena Yoyon Dwi Cahyono Yuheng, Huang Yun Xuan Khor Yurou Li Zusana E. Pudyastuti