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The Role of Law in Encouraging Innovation in Village Financial Management Ratna Sari Dewi; Asmuni; Muhammad Yafiz
Pena Justisia: Media Komunikasi dan Kajian Hukum Vol. 23 No. 1 (2024): Pena Justisia
Publisher : Faculty of Law, Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/pj.v23i1.6181

Abstract

The purpose of this research is to identify and analyze the role of law in encouraging innovation in village financial management. Through a qualitative approach, this study collected data through interviews, observations, and documentation studies involving various stakeholders, including village officials, communities, and law enforcement. This method allows researchers to understand in depth the dynamics that occur in village financial management as well as the challenges and opportunities faced. The results of the study show that clear and firm regulations are a key factor in encouraging innovation. The law provides a framework that facilitates transparency and accountability in the management of village funds. In addition, regulations requiring community participation in the planning and supervision process further strengthen the relationship between village officials and the community, creating a greater sense of ownership over financial management. This study also found that the application of information technology in village financial management has resulted in increased efficiency and accuracy. The design of information systems that are transparent and easily accessible to the public contributes to better supervision. In addition, training and capacity building of village officials are critical in ensuring they have the necessary skills to manage finances effectively. This research confirms that the law not only functions as a regulatory tool, but also as a driver of innovation in village financial management. By strengthening cooperation between the government, communities, and law enforcement, villages can better manage their resources, thereby improving the overall well-being of the community.
THE MORAL PARADIGM OF ISLAMIC ECONOMICS: PHILOSOPHICAL REFLECTIONS ON TAWHID, JUSTICE, AND SOCIAL RESPONSIBILITY IN THE GLOBEL CONTEXT Mutiah Sihotang; Muhammad Yafiz
Journal of Sharia Economics Vol. 7 No. 1 (2026): Islamic Economics
Publisher : Program Studi Magister Ekonomi Syariah UIN Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/jose.v7i1.9653

Abstract

The development of the global economy, marked by market liberalization, digitalization, and the dominance of material rationality, has given rise to various structural problems, such as social inequality, moral crises, and the degradation of human values. This article aims to examine the fundamental principles of Islamic economics as a moral economic paradigm rooted in the philosophy of tawhid, justice, and social responsibility. This study employs a qualitative approach using a library research method, conducted through conceptual analysis of both classical and contemporary Islamic economics literature. The findings indicate that tawhid functions as the ontological and epistemological foundation of Islamic economics, integrating spiritual, ethical, and rational dimensions within economic activities. The principles of justice and balance ensure a proportional distribution of resources while preventing exploitation and structural inequality. Meanwhile, economic freedom in Islam is invariably linked to moral and social responsibility, reinforced through the values of brotherhood (ukhuwwah) and Islamic socio-economic instruments. This article affirms that Islamic economics is not merely an alternative system, but a moral paradigm that is highly relevant in addressing contemporary global economic challenges.
Analisis Pengukuran Kinerja Keuangan Pemerintah Daerah Kota Medan Menggunakan Value for Money Pada Badan Pengelola Keuangan dan Aset Daerah Kota Medan Syahirah Syahirah; Muhammad Yafiz; Nur Fadhilah Ahmad Hasibuan
Jurnal Akuntan Publik Vol. 1 No. 4 (2023): Desember : Jurnal Akuntan Publik
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59581/jap-widyakarya.v1i4.1623

Abstract

This study aims to determine the measurement of the financial performance of the Regional Government of Medan City using value for money at the Regional Financial and Asset Management Agency of Medan City. This research uses a descriptive qualitative approach method. Data collection techniques in this study are in the form of interview techniques and documentation techniques. Based on the results of the study obtained namely, The Financial Performance of the Medan City Government as measured by the economic ratio from 2017-2021 can be said to be economical because based on the economic ratio calculated for 5 years, the overall average is 77%, which is included in the economic category because the economic ratio level is less than 100%. In terms of efficiency, from 2017-2021, the overall average is 95%, which is included in the efficient category because the efficiency ratio level is less than 100%. And in terms of effectiveness from 2017 – 2021, the overall average is 85%, which is included in the ineffective category because the effective ratio level is still below 100%.