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Journal : International Journal of Zakat (IJAZ)

Intergenerational Waqf Crowdfunding Behavior: Empirical Evidence From Indonesia Haling, Hasbi; Indarningsih, Nur Aisyah; Siregar, Suci Wulandari; Jasman, Zahra Ramadani
International Journal of Zakat Vol 9 No Special (2024): International Journal of Zakat
Publisher : Center of Strategic Studies (PUSKAS) BAZNAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37706/ijaz.v9iSpecial.517

Abstract

This study investigates the intergenerational waqf crowdfunding behavior under the lens of Theory Planned Behavior (TPB), Technology Acceptance Model (TAM). A total of 205 respondents covering generation X, Y and Z from across Indonesia was sampled and analyzed using Smart PLS. The Measurement Invariance Assessment (MICOM) test was used to analyze whether the Multigroup Analysis (MGA) model was applicable. The results show that in all generations, perceived usefulness, attitude toward use, and subjective norm affect behavioral intention. Perceived usefulness and attitude toward use also affect attitude toward use of waqf crowdfunding behavior. There was no significant difference except for generation Y and Z regarding behavior between generations. Theoretical and practical implications are drawn from the findings.
Encouraging Sustainable Development through ZIS: The Role of Islamic Philanthropy in Reducing Poverty and Enhancing Socioeconomic Welfare Indarningsih, Nur Aisyah; Siregar, Suci Wulandari; Hasbi, Hasbi; Jasman, Zahra Ramadhani
International Journal of Zakat Vol 10 No 1 (2025): International Journal of Zakat
Publisher : Center of Strategic Studies (PUSKAS) BAZNAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37706/ijaz.v10i1.598

Abstract

In an effort to achieve sustainable development, Islamic philanthropy through Zakat, Infaq, and Sadaqah (ZIS) plays an important role in reducing poverty and improving socio-economic welfare. This study aims to analyze the role of Zakat, Infaq, and Sadaqah (ZIS) as an instrument of Islamic philanthropy on poverty, income inequality, human development index and purchasing power in Indonesia in the long and short term. The data analysis techniques used in this study are in the form of Two-Way Fixed Effect Models-GMM for short-term testing and Vector Error Correction Model (VECM) for long-term. The results show that ZIS has a significant negative influence on poverty, income inequality, and HDI, both in the short and long term, indicating that ZIS distribution can help reduce social inequality and improve people's quality of life. In addition, ZIS has been shown to have a positive impact on people's purchasing power, which shows that the assistance provided can increase the economic capacity of individuals. This study suggests that governments and Islamic philanthropic institutions, such as BAZNAS, strengthen the management and distribution of ZIS with a focus on economic empowerment to maximize its impact on sustainable development.