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All Journal Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies EQUILIBRIUM al-Uqud : Journal of Islamic Economics International Journal of Economics, Management, Business, and Social Science
Akhmad Affandi Mahfudz
Unknown Affiliation
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

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Does GCG Implementation in BWUT (Badan Wakaf Uang Tunai) MUI DIY Affect Waqifs Trust? Lahuri, Setiawan bin; Kaffah, Silmi; Mahfudz, Akhmad Affandi; Zuhroh, Ainun Amalia
EQUILIBRIUM Vol 10, No 2 (2022): EQUILIBRIUM
Publisher : Prodi Ekonomi Syariah Pascasarjana IAIN Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21043/equilibrium.v10i2.16734

Abstract

In 2019 BWUT MUI DIY managed to raise waqf funds of Rp.627,352,991 with a wakif number of 1854 people. But there is a difference in increased Rp. 27,352,991 of 174 wakifs in 2 years by BWUT MUI DIY. These problems are influenced by professionalism in the management of cash waqf. In addition, there is still the management of waqf institutions that are less than ideal and by GCG principles. This study aimed to determine the effect of each direction of GCG in waqf management on wakif trust. This research is quantitative by sample waqf in BWUT MUI DIY. The data was obtained by questionnaire and analyzed using SEM-PLS supported by the SmartPLS 3.0 application software. The findings in this study indicate that the transparency variable has three t-statistics greater than 1.64, so it can be identified as significant to wakif trust. While the independency variable has an OSE value of -0.341 which means it is negative with a t-statistic greater than 1.64, this result indicates that the better the implementation of independence. And the accountability variable does not affect wakif trust by a t-statistic value of 0.458. However, the transparency variable can be interpreted that the better the implementation of the GCG principle in the waqf institution impacted to increasing the level of wakif trust.
Contemporary Zakat According to Professor Didin Hafidhuddin and Its Implementation for People's Independence Sadzali, Akhmad; Alim, Akhmad; Mahfudz, Akhmad Affandi
INTERNATIONAL JOURNAL OF ECONOMICS, MANAGEMENT, BUSINESS, AND SOCIAL SCIENCE (IJEMBIS) Vol. 3 No. 3 (2023): September 2023
Publisher : CV ODIS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59889/ijembis.v3i3.191

Abstract

This contemporary zakat concept integrates Islamic economic principles with today's rapidly developing social and economic context. Zakat potential in Indonesia is very high, but the actual collection is still very low compared to the existing potential. Problems faced by zakat managers include a lack of awareness among Muzakki regarding zakat obligations, a zakat paradigm that is still traditional, and a lack of public trust in zakat institutions. One figure who understands the concept of zakat is Prof. Didin Hafidhuddin. Contemporary zakat implementation includes the establishment of transparent and accountable institutions for collecting and distributing zakat. Modern zakat offers relevant solutions to overcome the problems of poverty, inequality, and social injustice. Through a deeper understanding of the contemporary concept of zakat and its implementation, Muslims can contribute more effectively to achieving sustainable economic and social independence. Contemporary zakat can be used to support the independence of the people through educational programs, skills training, and the development of micro and small businesses. The research method used is a qualitative method with a descriptive approach. Observations and interviews were used to collect data. The aim of this research is to examine in depth the thoughts of Prof. Didin Hafidhuddin about contemporary zakat and its implementation for the independence of the people.
Integrating Islamic finance principles and the digital disruptive age to support global sustainability Mahfudz, Akhmad Affandi; Rusyda Afifah Ahmad; Daribayeva Meruyert; Nafi Ilman Husin
al-Uqud : Journal of Islamic Economics Vol. 8 No. 2 (2024): July (Article in Press)
Publisher : Universitas Negeri Surabaya

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Abstract

To support global sustainability, the integration of Islamic financial principles in the digital era can be a driver of a more just, inclusive, and sustainable financial system. It will also ensure economics equality in the country and promote the public financial ecosystem and the environment. The objective of this study is to evaluate the level of significance in incorporating the tenet of Shariah amid digital disruption in financial technology to support global sustainability by way of considering the element of environmental, economic and sustainability measures. This paper employs a qualitative that includes a strong pedigree on various databases and reputable journal local and abroad. The paper finds that the principle of Shariah can eliminate the practice of social and economic inequality by preventing economics activities that lead to injustice and oppression and ensuring that risk is shared equally in all transactions.
The Implementation of Socioeconomic Well-Being of Waqf and Properties in Muhammadiyah Regional Board Yogyakarta Mahfudz, Akhmad Affandi; Syamsuri, Syamsuri; Zein, Anisa Rosdiana; Roslan, Isma Aulia; Zeinullayevn, Nurmagambetova Azhar
Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies Vol 20, No 1: June 2024
Publisher : Fakultas Agama Islam Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/afkaruna.v20i1.17926

Abstract

Waqf is one of the financial instruments that can improve the socioeconomic status of Ummah. However, the number of waqf assets exceeds expectations due to a lack of proper management. The socioeconomic well-being of the Ummah is among the core principles of waqf management in the form of accountability and transparency. This study aims to unveil the implementation of the Socioeconomic well-being of Waqf Board Management, taking the case of the Muhammadiyah Waqf Council in Yogyakarta, Indonesia. This research employs descriptive analysis through structured interviews, passive participation observation, and documentation. The study found that the principles of socio-economics well-being have been implemented by the Waqf Board Management of Muhammadiyah Yogyakarta in the form of accountability, including compliance and Integrity, Administration, Programs, Practice, and Finance. The principle of transparency includes the level of openness in the delivery of public services, ease of understanding of the rules and procedures for providing services, and the availability of information on various fields of public administration. This paper implies the massive policy direction of Waqf Board Management among the Muhammadiyah Organization in Indonesia, which is the second largest Muslim organization in the country, to ameliorate the way of implementing the socio-economics of waqf management.
Co-Authors Akhmad Alim, Akhmad Daribayeva Meruyert Kaffah, Silmi Nafi Ilman Husin Roslan, Isma Aulia Rusyda Afifah Ahmad Sadzali, Akhmad Setiawan Bin Lahuri Syamsuri Zein, Anisa Rosdiana Zeinullayevn, Nurmagambetova Azhar Zuhroh, Ainun Amalia