Nono Hartono
STEI Al-Ishlah Cirebon

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Journal : International Journal of Zakat (IJAZ)

Amil Zakat Governance Risk Mitigation Nono Hartono; Achmad Kholiq
International Journal of Zakat Vol 6 No 1 (2021): 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.v6i1.254

Abstract

Risk in zakat management is a potential event, both predictable and unpredictable, which negatively impacts the level of trust, sharia considerations, and sustainability in the management process. The purpose of this study is to investigate and formulate mitigation efforts of amil zakat governance. The research method uses an Enterprise Risk Management with the Committee of Sponsoring Organizations approach of the Treadway Commission (COSO) modification (ERM-COSO modified) with four indicators discussed that describe the level (likelihood), influence (impact), change (vulnerability) and speed (onset speed). The results of the study indicate that the identified risk of amil governance is as much as nine of the twenty seven risks that should arise with the risk level of amil governance being in an intermediate position. This is different from several previous studies. The level of risk in zakat management is largely determined by the quality of amil. The results of the heatmap analysis resulted in a small dot heatmap size which means a low level of vulnerability to risk (vulnerability), while the dot color consists of six purple, two blue and one red which means the speed of the occurrence of high risk. The impact of this risk identification requires amil recruitment patterns and the provision of good zakat management training. The recommended risk response is to reduce the risk that will occur by (1) implementing reward and punishment for amil to be more professional in carrying out their duties, (2) involving third parties (universities) in monitoring and supervising the distribution of zakat funds.
The Impact of Covid-19 on Zakat Shares Potential in Indonesia Nono Hartono; Helen Prisila; Gustani .
International Journal of Zakat Vol 6 No 2 (2021): 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.v6i2.286

Abstract

This study aims to analyze the impact of Covid-19 on the potential for zakat on shares. The method used is a quantitative method. The sample used is a company registered with the Jakarta Islamic Index (JII), as many as 23 companies, the determination of the sample is determined by judgment sampling technique. The data analysis method used is descriptive method. The method of calculating the potential zakat of shares is calculated by multiplying the number of shares and the average share price then multiplying the nishab of zakat on shares. Then the t-test is carried out to prove whether there is a difference in the potential for zakat on shares before and during Covid-19. The potential for zakat on shares in 2020 is Rp. 39.8 trillion and lower than in 2019. The t-test results show that there is a significant difference between zakat potential in 2019 and the Covid-19 pandemic in 2020. This illustrates that the potential for zakat on shares in JII has been negatively affected by the Covid pandemic. -19 as the company's share price decreases. The potential for zakat shares in the infrastructure, utilities and transportation sectors is most affected by the Covid-19 pandemic compared to other sectors. The existence of a large-scale social restriction policy has an effect on the movement of people in using transportation, which causes a decrease in the stock price of the transportation sector