MOSQUE FINANCIAL MANAGEMENT AND HALAL ECONOMY ECOSYSTEM: AN ANALYSIS OF MUHAMMADIYAH MOSQUES IN SOUTH SULAWESI, INDONESIA

Abstract

This research aims to analyze the financial management of Masjid Muhammadiyah in South Sulawesi Province, with a focus on the effective and efficient utilization of financial resources for Halal economic ecosystem development. The mosque plays a crucial role in the Muslim community, and sound financial management is essential for maintaining its operational sustainability and facilitating various beneficial programs and activities for the faithful. Qualitative research methodology with a case study approach was employed. Data were collected through in-depth interviews with 80 mosques Muhammadiyah in South Sulawesi and FGD with mosque administrators, financial managers, and congregants involved in the financial management of the mosque. Additionally, relevant documents such as financial reports, budgets, and financial policies were analyzed. The findings reveal that Muhammadiyah mosques in South Sulawesi province possess several strengths in their financial management. These include a commitment from mosque administrators to financial transparency and accountability, as well as the implementation of a robust accounting system. However, several challenges were identified, such as a lack of trained personnel in financial management and the need for income diversification. To address these challenges, strategic steps are recommended. First, enhancing the understanding and capacity of mosque administrators in financial management through training and education programs is crucial. Second, diversifying income sources through the development of creative and sustainable fundraising initiatives is essential. Third, leveraging information technology in financial management to achieve better efficiency and effectiveness is recommended.