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The Optimization of Financial Management Rooted in Local Wisdom to Improve the Quality of Islamic Educational Institutions in Madrasahs Idris, Ridwan; Linse, Caroline Teresa; Nursita, Lisa
Idarah (Jurnal Pendidikan dan Kependidikan) Vol. 9 No. 2 (2025): Idarah (Jurnal Pendidikan dan Kependidikan)
Publisher : Institut Agama Islam Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47766/idarah.v9i2.6107

Abstract

Financial management plays a strategic role in ensuring the effectiveness and quality of Islamic educational institutions, especially private madrasahs that depend heavily on School Operational Assistance (BOS) funds. This study explores the financial management practices at MTs Ash-Shalihin Gowa, focusing on how strategies grounded in local wisdom and Islamic values help address funding limitations without compromising educational quality or sustainability. Using a qualitative case study approach, data were collected through in-depth interviews, participatory observation, and document analysis. Key informants included the head of the foundation, the principal, and the treasurer, who provided insights into the planning, budgeting, control, and evaluation processes. Thematic analysis was used, and findings were validated through triangulation. Results show that effective financial management in the madrasah is built on collaborative governance that incorporates local wisdom, such as gotong royong (mutual cooperation), musyawarah (deliberation), and religious values like amanah (trust) and barakah (spiritual benefit). Budgeting was based on needs and priorities, supported by inclusive decision-making involving all stakeholders. The use of the digital E-RKAM system improved transparency and accountability yet was applied in a way that respected the madrasah’s ethical and religious culture. Regular internal and external evaluations supported a reflective and adaptive financial cycle. These evaluations extended beyond regulatory compliance and included community feedback, reinforcing the institution’s legitimacy and responsiveness. Financial efficiency was thus viewed not merely as cost-saving but as a form of ethical stewardship (khalifah) over communal resources. This study contributes to the theory of Islamic educational financial management by showing how local wisdom can enhance digital governance. It offers a practical model for other madrasahs to replicate, emphasizing the importance of aligning religious values, digital tools, and cultural practices in improving educational quality sustainably.
Comparative Analysis of Educational Financing Systems Across Countries Hatimah, Husnul; Idris, Ridwan; Yunus, Mardyawati
Journal of Educational Management Research Vol. 5 No. 3 (2026)
Publisher : Al-Qalam Institue

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61987/jemr.v5i3.1712

Abstract

This study aims to analyze and compare education financing systems in Finland, Japan, the United States, and Indonesia, with a focus on identifying key characteristics, philosophical differences, and policy implications of each model. The research employs a systematic literature review combined with comparative analysis, using management-oriented indicators including equity, efficiency, governance, and sustainability. Findings indicate that Finland implements a full public funding model emphasizing equity, Japan operates a hybrid model with high transparency, the United States exhibits significant disparities due to property-tax-based decentralization, and Indonesia remains in a transitional phase with challenges in fiscal capacity and governance accountability. The study highlights that successful education financing depends on consistent policy implementation, clear funding distribution formulas, and integrity in governance systems. The results provide actionable policy implications for improving national education financing, including the adoption of needs-based funding formulas, digitalized accountability systems, and diversified funding sources through public–private partnerships. By integrating management and governance dimensions, this study contributes to a better understanding of effective and equitable educational funding practices across diverse contexts.