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All Journal Aghniya: Jurnal Ekonomi Islam Journal of Accounting Research, Organization and Economics (JAROE)
Zulfikri, Zulfikri
Universitas Muhammadiyah Sumatera Utara
Religion Economics, Econometrics & Finance Social Sciences

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Peran Teknologi Blockchain Untuk Institusi Zakat di Indonesia Zulfikri Zulfikri
AGHNIYA : Jurnal Ekonomi Islam Vol 3, No 2 (2021): AGHNIYA: Jurnal Ekonomi Islam
Publisher : Faculty of Islamic Religion, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/aghniya.v3i2.8912

Abstract

Indonesia is one of the most populous Muslim countries in the world but is still plagued with poverty. Zakat is one of the effective tools of Islamic philanthropy to reduce poverty, therefore zakat management is very important for this country so that zakat collection and distribution can be maximized. In today's digital world, it is very important for zakat institutions to use technology so that zakat management performance can be better and more efficient. The technology that stole the world's attention is blockchain technology. Blockchain technology has disrupted the financial sector because it offers transparent transactions so there is no need for intermediaries. This study explains the role of blockchain technology on zakat institutions in Indonesia. The research method used is an extensive literature to identify and analyze the relevant literature. The results of the study show that the role of blockchain technology can improve zakat management, especially on transparency in zakat distribution so that muzakki's trust in zakat institutions is improving.
Proposing Blockchain Technology Based Zakat Management Model to Enhance Muzakki’s Trust in Zakat Agencies: A Conceptual Study Zulfikri Zulfikri; Salina Hj Kassim; Weni Hawariyuni
Journal of Accounting Research, Organization and Economics Vol 4, No 2 (2021): JAROE Vol. 4 No. 2 August 2021
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (628.799 KB) | DOI: 10.24815/jaroe.v4i2.20467

Abstract

Objective – This study proposes a conceptual framework of Zakat based management model using blockchain technology with its transparent, secure, auditable, and efficient system in order to enhance the trust in zakat agencies. Design/methodology – This study is based on literature and theoretical reviews. This study took BAZNAS as the model of the Indonesian zakat agency to use Blockchain-based zakat payment on which zakat payers can track the fund allocated to the beneficiaries directly. Results – This research demonstrates the importance of Blockchain and smart contract technologies in zakat management by developing a model that combines zakat management agencies with the components of Blockchain and smart contract technologies. Research limitations/implications – The proposed model can contribute to the sustainability and efficiency of zakat agencies and is in line with the poverty eradication effort in Indonesia.
Proposing Blockchain Technology Based Zakat Management Model to Enhance Muzakki’s Trust in Zakat Agencies: A Conceptual Study Zulfikri Zulfikri; Salina Hj Kassim; Weni Hawariyuni
Journal of Accounting Research, Organization and Economics Vol 4, No 2 (2021): JAROE Vol. 4 No. 2 August 2021
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jaroe.v4i2.20467

Abstract

Objective – This study proposes a conceptual framework of Zakat based management model using blockchain technology with its transparent, secure, auditable, and efficient system in order to enhance the trust in zakat agencies. Design/methodology – This study is based on literature and theoretical reviews. This study took BAZNAS as the model of the Indonesian zakat agency to use Blockchain-based zakat payment on which zakat payers can track the fund allocated to the beneficiaries directly. Results – This research demonstrates the importance of Blockchain and smart contract technologies in zakat management by developing a model that combines zakat management agencies with the components of Blockchain and smart contract technologies. Research limitations/implications – The proposed model can contribute to the sustainability and efficiency of zakat agencies and is in line with the poverty eradication effort in Indonesia.
Co-Authors AA Sudharmawan, AA Salina Hj Kassim Weni Hawariyuni