Proceedings of Femfest International Conference on Economics, Management, and Business
Vol. 2 (2024): Proceedings of Femfest International Conference on Economics, Management, and Busines

A Qualitative Assessment of Islamic Social Finance and Village Funds on the Poverty Level during the Covid-19 Pandemic

Farhan Hadrawi (Tazkia Islamic University Collage, Indonesia)
Thuba Jazil (Tazkia Islamic University Collage, Indonesia)



Article Info

Publish Date
16 Mar 2024

Abstract

This study aims to examine the role of Islamic social finance funds i.e. Zakat, Infaq, Shadaqah, Waqf, and village funds on the poor’s financial viability during the Covid-19 pandemic. The study employs a qualitative method. Data collection in this study was obtained from field observations and in-depth interviews with informants. The informants were classified into three categories: government representatives, Islamic social finance experts, and the recipients of funds in Bogor Regency. This research uses Miles & Huberman's qualitative data analysis technique. This study shows that Islamic social funds and village funds impact the poverty level of the poor impartially. However, Islamic social finance and village funds could assist the poor’s financial viability and provide capital for business during the pandemic. To have an impactful program, the experts suggested an integrated scheme of institutional collaboration and community consolidation.

Copyrights © 2024






Journal Info

Abbrev

FICCOMSS

Publisher

Subject

Economics, Econometrics & Finance

Description

Proceedings of Femfest International Conference on Economics, Management, and Business focuses on research related to economics, management, and business that are relevant to the development of the theory and practice of economics, management, and business especially in Islamic disciplines. ...