Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal Al-Awqaf: Jurnal Wakaf dan Ekonomi Islam Indonesian Journal of Applied Accounting and Finance
Lusiana Handayani
Unknown Affiliation
Religion Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Efficiency or Trust? Reforming Waqf in Indonesia Through a Tale of Two Waqf Models (Singapore and South Africa) Lusiana Handayani; Tika Widiastuti; Raditya Sukmana; Magda Ismail A. Mohsin
Al-Awqaf: Jurnal Wakaf dan Ekonomi Islam Vol. 18 No. 2 (2025): AL-AWQAF : Jurnal Wakaf dan Ekonomi Islam
Publisher : Badan Wakaf Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47411/al-awqaf.v18i2.520

Abstract

Abstract: Effective waqf governance is essential for unlocking the full socioeconomic potential of waqf institutions. This paper compares two differentgovernance models: the state-led, top-down approach in Singapore and thecommunity-based, bottom-up model in South Africa. By analyzing the strengthsand weaknesses of each, the study aims to draw lessons for Indonesia, a countrydealing with systemic governance issues. The research employs a qualitative,comparative methodology, utilizing thematic analysis facilitated by NVivosoftware to systematically code and synthesize existing findings from the threenations. The analysis reveals that Singapore's centralized model offers significantefficiency and robust oversight. Still, it also introduces regulatory rigidity that canhinder smaller institutions and raise trust issues within the community.Conversely, South Africa’s independent model has successfully created acomprehensive governance system and promoted public trust; however, it faceslogistical challenges in coordinating volunteers and managing leadershipsuccession. The findings on Indonesia point out critical weaknesses, includingpoorly developed and uncoordinated regulations, a widespread lack ofaccountability among waqf managers (nazhir), and low professional skills.Thepaper concludes that no single model is universally superior. The key implicationfor Indonesia is that reform should not focus on wholesale adoption of an externalmodel. Instead, the central recommendation is the implementation of a robustperformance measurement framework. Such a framework can serve as afoundational tool to build a hybrid model, enabling data-driven, top-downregulation while empowering bottom-up institutional improvement, therebyaddressing the nation's unique challenges.Keywords: Waqf Governance, Performance Measurement, Accountability, TopDown Governance, Bottom-Up Governance
HAMBATAN-HAMBATAN PENERAPAN ISAK 335 DALAM PENYUSUNAN LAPORAN KEUANGAN PADA MASJID AT-TAQWA BANJARMASIN Mahyuni; Basyirah Ainun; Manik Mutiara Sadewa; Lusiana Handayani
Indonesian Journal of Applied Accounting and Finance Vol. 5 No. 2 (2025): December
Publisher : P3M Politeknik Negeri Banjarmasin

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31961/ijaaf.v5i2.15450

Abstract

As a non-profit organization, the At-Taqwa Banjarmasin mosque administrators are required to prepare and present financial reports in accordance with ISAK 335. However, in reality, until now, the At-Taqwa Banjarmasin Mosque administrators have not been able to prepare and present financial reports in accordance with ISAK 335. This study was conducted using an interview method conducted with the administrators and congregation of the At-Taqwa Banjarmasin Mosque to find various obstacles faced by the mosque administrators in implementing ISAK 335. From the results of the interviews, various obstacles were found faced by the At-Taqwa Mosque administrators in implementing ISAK 335 for the preparation and presentation of mosque financial reports, including the lack of understanding of the mosque administrators regarding the transparency of the presentation of mosque financial reports, limited information known to the mosque administrators regarding the existence of accounting standards that must be applied in the preparation of mosque financial reports, the lack of understanding of the mosque administrators regarding the accountability of financial reports, and the absence of administrators who handle mosque finances who have an Accounting Education background. It is also known that there is no demand from the mosque congregation for the mosque administrators to prepare and present financial reports. mosque according to ISAK 335, resulting in the mosque administrators feeling no need to prepare financial reports in accordance with ISAK 335.
Co-Authors Basyirah Ainun Magda Ismail A. Mohsin Mahyuni Manik Mutiara Sadewa Raditya Sukmana Tika Widiastuti