Utilization Of Funds Research Articles

Islamic Philanthropy and Optimization of ZISWAF as a Solution Overcoming the Economic Recession

This study focuses on the Islamic philanthropy movement and the optimization of ZISWAF conducted by LAZIS Sabilillah Malang City in an effort to overcome the economic recession in the city of Malang. Islamic philanthropy is an effort to alleviate poverty and empower the mustahiq economy through the provision of capital loans and business assistance. The purpose of this study is to analyze the effect of Islamic philanthropy variables and the optimization of ZIWAF on efforts to overcome the economic recession in Malang City through economic empowerment of business development and its implications for mustahiq through the utilization of zakat, infaq and shadaqah funds in LAZIS Sabilillah Malang City. The research methodology used in this research is research quantitative analysis tools with Smart PLS which aims to build a detailed view of the object of research by collecting information or symptoms that are happening now and then looking for solutions in solving the problem with a quantitative approach. The research design itself consists of two main activities, namely the data collection design and the sampling design. This study aims to determine the role of Islamic philanthropy that affects the optimization of ZISWAF against the economic recession in Malang City.From the results of this research, it can be found that the optimization of ZISWAFable to mediate the relationship of Islamic philanthropy programs carried out on the economic recession variable. Because the direct relationship between Islamic philanthropy and economic recession is significant, the optimization of ZISWAF mediates the relationship between Islamic philanthropy and partial mediation. The higher the ZISWAF optimization value obtained by mustahiq, the higher the success of overcoming the economic recession. the higher the Islamic philanthropy that exists and is obtained from mustahiq, the higher the success rate of overcoming the economic recession that is carried out. The higher the ZISWAF optimization obtained by mustahiq, the higher the success rate in overcoming the economic recession that is carried out.

Distribution of Zakat Funds in Malaysia From The Maqasid Al-Syariah Perspective

Zakat is one of the primary economic resources for Islamic countries. Efficient and systematic management of zakat can increase the potential of zakat as an instrument for the development of Muslims. Therefore, optimum utilization of zakat funds is essential to improve every Muslim's quality and potential. In Malaysia, the administration and management of zakat are managed by the State Islamic Religious Council (IRC). IRC is responsible for determining the recipient's eligibility as well as the form of assistance appropriate to each recipient's background so that the service given can be utilized as best as possible. Zakat, as one of the sources of ummah development, should be used more practically to ensure that the maqasid behind the shari'ah of zakat is successfully realized. Therefore, this study was conducted to analyze the distribution of zakat funds in Malaysia according to the perspective of Maqasid Syariah. This theoretical study was carried out qualitatively through research on library data related to zakat and Maqasid al-Syariah, as well as content analysis of the website of each IRC to formulate aid and distribution of zakat funds implemented in each state. The study found that IRC has prepared various programs to improve the quality and competitiveness of asnaf, as well as fulfill Daruriyyat al-Khams, which is the preservation of religion, life, mind, property, and progeny. Therefore, every Muslim, especially the zakat payers, need to take the opportunity to be involved with IRC in ensuring that the results of the zakat fund can be optimized to develop Muslims in Malaysia.

Inequity after death: Exploring the equitable utilization of FEMA's COVID-19 funeral assistance funds.

As of March 2021, the United States had nearly 1 million COVID-19 deaths. To aid families, the Federal Emergency Management Agency (FEMA) established the Funeral Assistance Program. Using publicly available data, we examine the equitable utilization of FEMA's COVID-19 Funeral Assistance Program funding. Results show a significant relationship between FEMA COVID-19 Funeral Assistance Program funding and some, but not all, social vulnerability components. Specifically, counties with higher percentages of the population with disabilities and higher percentages of minorities receive lower amounts of funding per 100,000 residents. These findings suggest that FEMA's equity efforts are not fully materializing regarding the utilization of the FEMA COVID-19 Funeral Assistance Program funding among socially vulnerable groups. FEMA should broaden its social equity outreach and priorities for those not traditionally considered in social equity discussions, such as people with disabilities while continuing efforts toward traditional social equity.

INFLUENCE THE IMPLEMENTATION OF FINANCIAL MANAGEMENT POLICIES OF PRIVATE UNIVERSITIES TO IMPROVE FINANCIAL MANAGEMENT IN EDUCATION FUNDING TO PAY STUDENTS’ PARTICIPATION IN STIKES KARSA HUSADA GARUT REGENCY

Education funds derived from student participation is one of the main sources of funding education in private universities. Utilization of education funds for the benefit of students will be determined by sound financial management and planning. This study aims to explore, uncover and analyze the effect of the influence of the implementation of financial management policies of private colleges to financial management in an effort to increase the participation of students in education funds paid in Karsa Husada Of College of Health Science Garut. The method used in this study is a survey method descriptive analysis. The study population comprised 380 people, while the samples in this study were 80 people who were taken on the basis of stratified random sampling technique. While the technical analysis of the data used is the statistical analysis with path analysis. Hypothesis testing results show that the implementation of financial management policies have a positive influence on financial management; financial management policies have a positive influence on student participation in education funds paid; in education funds paid, and impact on improving financial management in education funds to pay student participation.

Political Oversight and Intervention in the Policy for the Allocation of the Special Autonomy Fund for Aceh

Problems in planning readiness that have not been optimally arranged in the Master Plan for Utilization of Special Autonomy Fund (DOKA) 2008—2027 are the cause of the difficulty in carrying out an effective supervisory function. In addition, at the level of DOKA allocation at the Provincial to Regency/City levels, it is still full of intervention and domination by ex-members of Free Aceh Movement (GAM), both in the executive and legislative. These two problems are the main factors that hinder the achievement of the goal of the DOKA for the welfare of the Acehnese people. By using a qualitative descriptive research method, this paper aims to unravel the root cause of the DOKA allocation problem that has an impact on the problem of poverty in Aceh. The results of this study conclude that there are two factors that cause problems in the allocation of DOKA, namely supervision and political intervention. The control factor that is not optimal is caused by planning that has not been arranged in detail in the DOKA Master Plan. Meanwhile, the political intervention factor arises from the dominance of ex members of GAM in every DOKA budget planning.

Enterprises’ decision-making under government green subsidy and information asymmetry

Environmental issues have gradually become the focus of public attention. With the increase of consumers’ awareness in environmental protection, the green development of supply chain has become the mainstream trend in the foreseeable future. At this point, government subsidy in research and development becomes a non-negligible external factor in the greening of the supply chain. In order to explore the influencing mechanism of government subsidy on the supply chain under different decision situations, this paper initially constructs a model with a leading manufacturer and a subsequent retailer and then explores the optimal decisions under centralized and decentralized decision-making. Furthermore, we simulate and validate the effects of government subsidy policies on the decisions of supply chain participants. The results show that government subsidy has a positive influence on green technology improvements in the supply chain, but the incomplete utilization of government subsidy funds under information asymmetry may significantly reduce the efficiency of policy. Under information asymmetry, the actual revenues of participants will be larger than the profits in information symmetry only when the percentage of misappropriation is relatively low. Additionally, information asymmetry will lead to a decline in social welfare and is more pronounced under centralized decision-making. Finally, we provide managerial and practical insights for the enterprise managers’ decisions.

Evaluasi Satu Dekade Implementasi Undang-Undang Nomor 23 Tahun 2011 Terhadap Kinerja Lembaga Amil Zakat (Studi Kasus Lembaga Amil Zakat Inisiatif Zakat Indonesia)

This study aims to analyze and determine the effect of Law Number 23 year 2011 implementation on one of the national amil zakat institution’s performance and growth, that is Inisiatif Zakat Indonesia (IZI). Law No.23/2011 regulates many things related to the operations of zakat institutions regarding the authority, permits, requirements and competencies so that the researcher intends to evaluate the progress of Law No.23/2011 after ten years of legalization and found a correlation between said law implementation with the professionalism of the amil zakat institution in managing zakat. This research is a descriptive study with a qualitative approach. Data collection is done by using interview techniques, literature review, and documentation. The results of this study are, from an institutional perspective, management of IZI separate from Pos Keadilan Peduli Ummat (PKPU) as a new entity becomes easier due to clearer functions and goals. In terms of collecting zakat funds, the total collection of IZI is greater than the previous PKPU period. Meanwhile, in terms of distribution and utilization of zakat funds, IZI did not find significant obstacles and differences compared to when PKPU distributed zakat. The implication of this research is, Law No. 23/2011 needs to be improved so that the community is able to accept it widely and apply it properly and correctly.

IMPLEMENTATION OF THE UTILIZATION OF ZAKAT MAL FUNDS IN THE EDUCATION SECTOR (STUDY OF THE JABAR CERDAS EDUCATION PROGRAM OF BAZNAS WEST JAVA PROVINCE)

BAZNAS as a philanthropic institution in charge of collecting and managing zakat funds contributes to the state to be able to improve the quality of human resources (Human Resources) to achieve development targets, one of which is through planning JABAR CERDAS education programs as a utilization step to maximize the zakat mal funds that have been collected. The purpose of this study is to find out the utilization and optimization of appropriate and targeted zakat mal funds in the JABAR CERDAS Education Program of BAZNAS West Java Province. In the preparation of this thesis, the author uses a descriptive qualitative approach. The data sources used are primary data and secondary data. Research data collection techniques are carried out by observation, interviews, and documentation. The data analysis, techniques used in this study are qualitative inductive with data reduction, data presentation, and the last step is the withdrawal of conclusions. The result of this study is the utilization of zakat mal funds in the JABAR CERDAS Education Program of West Java Province, which is overall creative consumption. But in addition, the programs implemented are conventional productive in which scholarship recipients are given opportunities in the form of mentoring activities as a form of human empowerment efforts that are expected to change those who were original as mustahik , it will become muzakki . The utilization stage is included in the distribution of utilization. For the utilization pattern, it can be seen that the utilization pattern implemented by BAZNAS West Java Province is a contemporary (productive) pattern. Keywords : Utilization, Zakat Mal, Education

Review of Renewable Energy Subsidy System in China

In the context of the ‘carbon peaking and carbon neutrality goals’, renewable energy, with its clean and low-carbon characteristics, has become one of the key driving forces for sustainable development in China. However, the inherent disadvantages of the renewable energy industry, such as high initial investment costs, technical difficulties, and slow returns on investment, make it difficult to compete with traditional fossil energy sources in the market economy at the initial stage of its establishment. Therefore, after considering the environmental and ecological value, economic value, and industrial growth dilemma brought by the development of renewable energy industry, subsidies as a governmental incentive measure were created to support the development and growth of the renewable energy industry. At present, there are many problems with China’s renewable energy subsidy policy in practice, such as fragmented institutional policies, lack of procedural regulations, and lagging subsidy funds. The excellent legislative practice experience of foreign countries can be borrowed by China to make up for the corresponding loopholes and, on the basis of fully examining the specific conditions of China, to promote the progressive reform of China’s renewable energy subsidy system; form a trinity system of law, general strategy, and specific policies; strengthen collaboration; and enhance its scientific level. At the same time, China can actively broaden the sources of subsidy funds, explore diversified financing methods, further standardize the subsidy procedures, strengthen the supervision in implementation, and enhance the efficiency of the utilization of funds, so as to enhance the legalization of the subsidy system.

Financial Literacy of Working Women (Case Study in Malaysia)

Financial literacy is the convergence of financial, credit and debt management and the knowledge that is necessary to make financially responsible decisions. This paper is conducted to assess the correlation between financial literacy and its component (financial education, financial attitude, financial behavior and financial knowledge). Data processing of this study using a pearson correlation with the number of samples 35 respondents. The data are quantitatively analyzed through Statistical Packages for Social Science (SPSS). According to the findings, financial literacy does not have a significant relationship with financial knowledge, however financial education, financial attitude and financial behavior together have a significant relationship with financial literacy. For appropriate utilization of funds, working women need to be financially literate.

Altruism As a Motive For Implementing Community Welfare Programs Through Islamic Philanthropic Funds: Case Study of Baitul Maal Hidayatullah Empowerment Actors

This paper will discuss the altruistic motives of actors implementing social welfare programs originating from the utilization of Islamic philanthropic funds during the issue of identity politics in Indonesia. This study is based on the motives that actors should have in implementing social welfare programs that utilize Islamic religious, philanthropic funds that uphold fair welfare. Altruism motives reflect the goals of Islamic philanthropy. The research was conducted using a qualitative approach with motive analysis using discourse texts because of interviews with informants from Hidayatullah and Baitul Maal Hidayatullah, which were connected to the theory to produce conclusions. The objects in this study are empowerment actors from religious-based social organizations, Hidayatullah. The research results explain that aspects of altruism, starting from the encouragement, actions, and goals of the actors in Baitul Maal Hidayatullah, have similarities that lead to community welfare so that altruism motives reflect what they do as implementing welfare programs based on the Islamic religion. Hidayatullah's foundation regarding practical politics that is not implemented is the basis for actors in carrying out the empowerment process for the community’s welfare.

MASLAHAT DANA DESA DALAM PEMBANGUNAN MASYARAKAT MADANI DI KECAMATAN POSIGADAN KABUPATEN BOLAANG MONGONDOW SELATAN

This study aims to see the benefits of Village Funds in Civil Society Development in Posiga and South Bolaang Mongondow Districts. The community has become the main source in developing and advancing the village from what was proclaimed by the Central and Regional governments which were promoting regional autonomy. In particular, the sub-districts where the Village Fund is utilized are really absorbed for development and community empowerment in order to achieve prosperity and equalization of economic capacity to realize development and community empowerment based on local culture achieved by each region, so that healthy and dynamic conditions will grow. , which will ultimately lead to civil society. This study uses a qualitative method with a descriptive approach. Data collection techniques through observation, and interviews. Data analysis used is data reduction, data presentation, and drawing conclusions. The results show that the priority of village funds in improving rural development runs optimally in accordance with what is expected by the government and village communities in Posigadan sub-district. Utilization of village funds in the field of community empowerment is really used for budget priorities such as, each absorbed in the trade and industry sub-sector, marine and fisheries sub-sector, agriculture and animal husbandry sub-sector, BUMDes management training, facilities, productive economic business training, holding village exhibitions, increasing food crop production, increasing village apparatus capacity, and developing Micro, Small and Medium Enterprises advice and infrastructure. With successful community development and empowerment, it will lead to the benefit of the village itself, especially the community. So, this is considered a village's success in the capacity of civil society development. So that in accordance with the concept of problematic, namely everything that is useful, brings good, and rejects harm for the common good whose goal is for the welfare of society.

Effect of Socio-economic Factors on Loan Repayment Performance of Youth Revolving Fund in Oromia Regional State, Ethiopia

Youth Revolving Fund (YRF) loan was established to help unemployed youths alleviate their economic and social difficulties. However, its loan repayment performance is not as expected. Thus, the objective of this study was to examine effect of socio-economic factors on loan repayment performance of YRF in Oromia Regional State. 328 data collected from 328 respondents and the result showed peer pressure, loan diversion, time of maturity of investment and predominant economic shocks were affected loan repayment at 5% level of significance. Finally, government is recommended to create awareness about YRF loan, reconsider training and guidance, and alternative fund utilization strategy.

Study on Fine Management of Construction Engineering Projects Based on BIM Technology: Taking the Construction of Group C Project of Zibo Cultural Center as an Example

The roof steel structure of group C project of Zibo cultural center is composed of steel truss, welded H-shaped steel and large-diameter steel pipe embedded parts. The construction of embedded parts of inclined cylinder overhanging steel structure is difficult. The stair square tube ladder beam requires precise angles and radians, complex processing, and construction site setting out is difficult. A three-dimensional visual building information model has been established for this projects which includes several aspects which are as follows: the development of the post anchor construction technology of large steel sleeve embedded parts with inclined cylinders based on Building Information Modeling (BIM) technology, multi discipline synthesis and collision optimization, the net height optimization of electromechanical pipelines, fine reinforcement management, BIM virtual construction template. Through this planning, 14908 pipeline collisions, including 236 major collisions have been eliminated. BIM is used in handling and solving problems with the construction unit and the supervision company. This greatly improves the project work efficiency and saves meeting time. Through optimization of electromechanical line collision and secondary masonry layout, more than RMB 9 million has been saved in terms of personnel and materials, effectively reducing material losses, saving manpower, and significantly improving the implementation efficiency of the project. Based on the on-site simulation, the project planning scheme of the enterprise was adjusted, efficient work allocation with less idle time were ensured, and the correct utilization of project funds and time were ensured. The original extensive annual control and monthly control have been dynamically and accurately controlled to realize the dynamic understanding of the profits and losses of the project, and effectively reduce the occurrence of non-ideal situations.

Utilization of productive zakat funds in the ZMart Program to improve mustahik welfare

Purpose – This study aims to analyze the utilization of zakat funds carried out by BAZNAS Tangerang City through the ZMart program. Methodology – The method in this research is the descriptive qualitative method. The primary sources in this study were interviews and observations of the administrator of the ZMart BAZNAS program in Tangerang City, mustahik, who owns a ZMart store, and ZMart consumers. Secondary data sources come from several articles, data, and information related to the ZMart program.Findings – The results of this study illustrate that the utilization of zakat funds through the ZMart program is still unable to improve the welfare of mustahik towards muzakki because of the limited capital provided in managing their business, so they are only able to survive in managing a small shop. However, the ZMart application has been beneficial in managing small stalls even though the shop owners are still relatively low in using the latest technology.Practical implications – This research can be a source of data for BAZNAS Tangerang City and researchers, in general, to evaluate the ZMart program and its implementation to improve the welfare of mustahik towards muzakki.Originality – most studies analyze ZMart as a mustahik empowerment program focusing on the programs it does. This research focused on the results of the ZMart program, which can provide welfare in managing the business to increase the degree of mustahik to become muzakki.

IMPACT OF PROJECT INITIATION ON PERFORMANCE OF OUTPUT-BASED FUNDED SABASABA URBAN WATER SUPPLY PROJECT

Sabasaba urban water supply project was undertaken in order to increase the number of people in low-income areas within Murang’a County with access to improved water supply; to enable them to have clean water at their doorstep. In carrying out the project, World Bank employed Output-Based Aid scheme to make sure the project achieves its goals. Output-Based Aid funds predetermined project outputs unlike the conventional way of funding inputs. It serves to ensure prudent utilization of funds by shifting performance risk to the organization mandated to deliver services; it also does so by linking outputs to the ultimate payments; hence transparency during project implementation. The study sought to examine the influence of project initiation, project planning, project implementation, and project monitoring on the project performance of Output-Based Aid funded Sabasaba urban water supply project. The study adopted value chain and resource-based theories. A predictive correlation design was used. The target population was 56 employees drawn from Murang’a South Water and Sewerage Company which is the implementing agency for Sabasaba water supply project. A structured questionnaire was used to collect data from the respondents. The study results were analysed using SPSS. The study found that the project initiation had a statistically significant influence on the project performance. The findings revealed that a unit change in the project initiation would lead to 0.404 changes in the project performance holding the other independent variables constant.<p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0943/a.php" alt="Hit counter" /></p>

Dana Sukuk sebagai Alternative Sumber Dana Pembiayaan pada Bank Syariah

This study looks at the issuance and development of sukuk at Bank CIMB NIAGA Syariah and looks at the utilization of sukuk funds at Bank Cimb Niaga CIMB NIAGA Syariah. The method in this research uses descriptive qualitative, in data collection using documentation techniques with secondary data as the analysis. The purpose of this research is to determine the process of issuance and development of sukuk funds at Bank CIMB NIAGA Syariah and to determine the utilization of sukuk funds at Bank CIMB Niaga Syariah. The function of this research is to be able to increase scientific literature in the field of Islamic capital markets related to Islamic banking, related to Sharia Bank Sukuk. The result of this research is that in the issuance of Sukuk Mudharabah Bank CIMB NIAGA Syariah has followed the POJK rules, which have been explained in several articles related to the issuance of Sukuk Mudharabah. And there is conformity in the Sukuk Mudharabah issuance scheme according to the OJK with the CIMB NIAGA Syariah Bank Sukuk Mudharabah scheme. As for the development of sukuk funds at Bank CIMB NIAGA Syariah, it has been running according to the target in their issuance and it can be said that the bank with the highest value of sukuk registered with the Indonesian Financial Services Authority is Bank CIMB NIAGA Syariah. In utilizing sukuk funds at Bank CIMB NIAGA Syariah, use them to support sharia financing with a musyarakah mutanaqisah (MMQ) financing contract Keywords: Fund Utilization, Sukuk Mudharabah, Sharia Financing Musyarakah Mutanaqisah

Are ERDFs Devoted to Boosting ICTs in SMEs Inefficient? A Three-Stage SBM Approach

We assessed the implementation of operational programs (OPs) aimed at boosting the deployment of information and communication technologies (ICTs) in small and medium-sized enterprises (SMEs). We performed a three-stage slack-based measure (SBM) data envelopment analysis (DEA) model combined with the stochastic frontier analysis (SFA), which considered data and contextual factors reported from the European Union (EU) to appraise 51 OPs from 16 countries. Overall, we discovered that by eliminating the contextual factors, almost 27% of the OPs (14) attained efficient procedural results. The OP “Multi-regional Spain—ERDF” is widely perceived as a benchmark, irrespective of its contextual factors, remaining robustly efficient for data perturbations ranging from 5% to 10%. The “Number of Operations Supported” is the indicator that requires attention, both with or without the removal of contextual factors. Our findings suggest that more developed regions, with a greater proportion of ICT professionals, are associated with a poor utilization and allocation of ERDF funds to promote ICT adoption in SMEs. This could be attributed to an inability of SMEs to handle the complex bureaucratic processes of submitting and executing European Regional Development Fund (ERDF) initiatives. Consequently, it is vital to provide additional assistance that streamlines the management formalities and satisfies the needs of SMEs.

The Role of Organizational Culture in the Effectiveness of School Organizations

Organizational culture in the education system in Indonesia needs to be realized. It is intended that the next generation of the nation, especially students, grow into a generation that is smart and has the character of a leader's soul who is ready to face the challenges of life in the future. The problems above require schools to develop a school culture, such as: a culture of discipline, a sense of responsibility, honesty, sincerity, learning ethos, the habit of solving problems rationally and so on. Related to school policy means dealing with the use of resources to the results obtained. Effectiveness is the utilization of resources, funds, facilities and infrastructure in a certain amount that is consciously determined beforehand to produce a number of goods of a certain quality on time. Organizational Strategy and Organizational Culture have a complementary and reciprocal relationship in the organization's efforts to achieve its goals. Organizational culture greatly influences the organization's strategy formulation process, from strategy formulation to strategy implementation. The research method that the author takes is a literature review or literature study; which contains theories relevant to research problems. Literature review or literature study is an activity that is required in research, especially academic research whose main purpose is to develop theoretical aspects as well as aspects of practical benefits. So that by using this research method the author can easily solve the problem to be studied. The data collection method in this study was taken from data sources, which were taken from the literature of national journals. The results of the study with four literatures as references show that organizational culture plays an important role in increasing the effectiveness of school organizations and the need for organizational culture to achieve an effective school organization
 Keywords: Organizational Culture, Organizational Effectiveness, School Organizational Effectiveness

RASIONALISASI PEMANFAATAN DANA ZIS DALAM UPAYA MEMBANGKITKAN KESADARAN UMAT (STUDI LAZNAS PADA KOTA MAKASSAR)

ABSTRACT Utilization of ZIS Funds in Economic Empowerment of the People in Makassar City. The purpose of this study is to: (1) analyze the concept of using ZIS funds by the Amil Zakat Institution (LAZNAS) in empowering mustahik in empowered villages assisted by Rumah Zakat in Makassar city. (2) analyzing the Mustahik Empowerment Concept in Islamic Philanthropy in Reducing Poverty. (3) to find out the Inhibiting Factors and Challenges of Rumah Zakat in Empowering Mustahik in Makassar City in the empowered village of Rumah Zakat Representative of South Sulawesi. This study uses a qualitative approach based on the interpretive paradigm ofwithout using interviews. The data were analyzed using the Miles and Huberman model, which included the data reduction stage, the data display stage, and the conclusion drawing/verification stage. The results of this study indicate that the concept of using ZIS funds in empowering the people's economy and the concept of empowering mustahik in reducing poverty in the assisted villages of zakat houses in Makassar city have been carried out well. Although there are still some obstacles that need to be addressed, namely the existence of a production house as a center for economic empowerment of the people, product marketing innovations for mustahiq members, and collaboration with all levels of society. Keywords: Accountability, Utilization of ZIS Funds, Amil Zakat Institutions (LAZNAS), Concept of People's Economic Empowerment, Poverty