Pub Date : 2017-10-11DOI: 10.20885/jeki.vol2.iss1.art3
Siti Amerieska, Gugus Irianto, D. Affandy
Accountability is one of the most important concepts in business and organizations. Understanding accountability itself became important for the actor who play the operational and performance to realize accountability in business and organizations. But accountability now has “less” interpretative; cause without aware with all stakeholders. Organization just think the most important contribute given by direct stakeholder only. SET (Shari‘ate Enterprise Theory) give the alternative solution about dimension of relationship on accountability. The alternative dimension relation first of all is dimension relation people with God. Second relation dimension is between people with people that have two categories direct and indirect stakeholder. And the third dimension is relation people with environmental, people with God. Reality accountability in BMT, have effort to realize accountability with all stakeholder. But in the realty still have superior accountability relation, which in categories dimension between people with people.
{"title":"AKUNTABILITAS PADA BAITUL MAAL WAT TAMWIL DITINJAU DARI PERSPEKTIF SHARI'ATE ENTERPRISE THEORY","authors":"Siti Amerieska, Gugus Irianto, D. Affandy","doi":"10.20885/jeki.vol2.iss1.art3","DOIUrl":"https://doi.org/10.20885/jeki.vol2.iss1.art3","url":null,"abstract":"Accountability is one of the most important concepts in business and organizations. Understanding accountability itself became important for the actor who play the operational and performance to realize accountability in business and organizations. But accountability now has “less” interpretative; cause without aware with all stakeholders. Organization just think the most important contribute given by direct stakeholder only. SET (Shari‘ate Enterprise Theory) give the alternative solution about dimension of relationship on accountability. The alternative dimension relation first of all is dimension relation people with God. Second relation dimension is between people with people that have two categories direct and indirect stakeholder. And the third dimension is relation people with environmental, people with God. Reality accountability in BMT, have effort to realize accountability with all stakeholder. But in the realty still have superior accountability relation, which in categories dimension between people with people.","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81102859","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-10-10DOI: 10.20885/jeki.vol1.iss1.art2
Arif Pujiyono
Poverty is a problem that caused the failure of economic systems. Women have great potential in helping to overcome poverty. Indonesia has great potential to optimize the social fund an independent source of Zakat, and alms infak (ZIS) through empowerment of the poor. This research is to analyze financial assistance to community-based micro-sharia (Misykat) DPU-DT in Central Java. The results showed that the program can improve that Misykat welfare poor women. Wilcoxon different test results Misykat program can increase consumption, income, profits and savings of poor women beneficiaries Misykat. Additionally, the program Misykat increasing empowerment of poor women, shoft their skill level increases based on the size of confidence, business skills, business success and the science of religion.Â
{"title":"MODEL PEMBERDAYAAN PEREMPUAN MISKIN MELALUI PROGRAM KEUANGAN MIKRO SYARIAH BERBASIS MASYARAKAT (PROGRAM MISYKAT DPU-DT)","authors":"Arif Pujiyono","doi":"10.20885/jeki.vol1.iss1.art2","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss1.art2","url":null,"abstract":"Poverty is a problem that caused the failure of economic systems. Women have great potential in helping to overcome poverty. Indonesia has great potential to optimize the social fund an independent source of Zakat, and alms infak (ZIS) through empowerment of the poor. This research is to analyze financial assistance to community-based micro-sharia (Misykat) DPU-DT in Central Java. The results showed that the program can improve that Misykat welfare poor women. Wilcoxon different test results Misykat program can increase consumption, income, profits and savings of poor women beneficiaries Misykat. Additionally, the program Misykat increasing empowerment of poor women, shoft their skill level increases based on the size of confidence, business skills, business success and the science of religion. ","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85074179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-10-10DOI: 10.20885/jeki.vol1.iss1.art1
Ataina Hudayati, Sofiah Md Auzair
Many Islamic economics as the basic concepts of Islamic banks, but the practice shows that the financing by buying and selling more practiced. The purpose of this study is to see the impact of performance measurement system as a management control system in improving organizational learning. The process of data collected by survey respondents RB field with Sharia and Islamic branches of Islamic banking in Indonesia. By analysis of partial least square, show an interactive performance measurement system is positively associated with organizational learning. This study also found that the quantity and quality of financing for the outcome positively related to achievement of financial and non financial BPRS, but only the quality of financing are related to the achievement of financial and non financial performance of Islamic bank branches.
{"title":"HUBUNGAN SISTEM PENGENDALIAN MANAJEMEN DAN PRESTASI PEMBIAYAAN BAGI HASIL: RESOURCE-BASED VIEW","authors":"Ataina Hudayati, Sofiah Md Auzair","doi":"10.20885/jeki.vol1.iss1.art1","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss1.art1","url":null,"abstract":"Many Islamic economics as the basic concepts of Islamic banks, but the practice shows that the financing by buying and selling more practiced. The purpose of this study is to see the impact of performance measurement system as a management control system in improving organizational learning. The process of data collected by survey respondents RB field with Sharia and Islamic branches of Islamic banking in Indonesia. By analysis of partial least square, show an interactive performance measurement system is positively associated with organizational learning. This study also found that the quantity and quality of financing for the outcome positively related to achievement of financial and non financial BPRS, but only the quality of financing are related to the achievement of financial and non financial performance of Islamic bank branches.","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90306077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-10-10DOI: 10.20885/jeki.vol1.iss1.art3
Dudi Abdul Hadi, Yane Devi Anna
This research is intended to know about accountability in the relation between amil of LAZ, that is the chief of zakah distribution and the leader of LAZ. The research is conÂducted at five registered lembaga amil zakat (LAZ) in Bandung. The research is descriptive explorative survey and uses quantitave approach. The data analysis uses the Pearson Product Moment correlation coefficient. All hypothesis testing of the statements result in nonzero value of the Pearson Product Moment correlation coefficient. It can be concluded primarily that orientation of LAZ amil toward socioeconomic value of zakah utilization and leader policy are highly correlated by the amount of 0,9092.
{"title":"HUBUNGAN ORIENTASI PENGURUS LAZ TERHADAP NILAI SOSIAL EKONOMI: PEMANFAATAN ZAKAT DENGAN KEBIJAKAN PIMPINAN","authors":"Dudi Abdul Hadi, Yane Devi Anna","doi":"10.20885/jeki.vol1.iss1.art3","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss1.art3","url":null,"abstract":"This research is intended to know about accountability in the relation between amil of LAZ, that is the chief of zakah distribution and the leader of LAZ. The research is conÂducted at five registered lembaga amil zakat (LAZ) in Bandung. The research is descriptive explorative survey and uses quantitave approach. The data analysis uses the Pearson Product Moment correlation coefficient. All hypothesis testing of the statements result in nonzero value of the Pearson Product Moment correlation coefficient. It can be concluded primarily that orientation of LAZ amil toward socioeconomic value of zakah utilization and leader policy are highly correlated by the amount of 0,9092.","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72894222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-10-10DOI: 10.20885/jeki.vol1.iss2.art3
M. Khoiruddin, Vitradesie Noekent
Theoritically, a company based on the principles of Islamic law (profit and loss sharing/PLS) is believed to be able to minimize agency problems and agency cost than the conventional companies,either in the aspect of the business philosophy, contract design, and control. However, the implementation of PLS is still facing a lot of obstacles, Hence, it is not surprising that models of PLS is not predominantly used by Islamic financial institutions, both in Indonesia and abroad. The cclassic argument on  why the model is not dominant because it is considered more risky. In order to contribute to the agency problems in the Islamic perspective, this paper, firstly, will explain and explore the arguments which show advantages of Islamic concept on company in reducing agency problems and agency cost. Secondly, this paper will reveal the obstacles and problems faced in the implementation of such concept. Thirdly, this paper will offer an alternative solution framework to address various issues and constraints faced by them. Solutions offered here includes understanding aspects of the Islamic business draft, micro and macro benefits, human resources, regulatory and performance measurement indicators of  Islamic financial institutions.
{"title":"MEMINIMUMKAN AGENCY PROBLEM DAN AGENCY COST DENGAN MENGGUNAKAN KONSEP ISLAM TENTANG PERUSAHAAN: ANTARA TEORI DAN PRAKTIK","authors":"M. Khoiruddin, Vitradesie Noekent","doi":"10.20885/jeki.vol1.iss2.art3","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss2.art3","url":null,"abstract":"Theoritically, a company based on the principles of Islamic law (profit and loss sharing/PLS) is believed to be able to minimize agency problems and agency cost than the conventional companies,either in the aspect of the business philosophy, contract design, and control. However, the implementation of PLS is still facing a lot of obstacles, Hence, it is not surprising that models of PLS is not predominantly used by Islamic financial institutions, both in Indonesia and abroad. The cclassic argument on  why the model is not dominant because it is considered more risky. In order to contribute to the agency problems in the Islamic perspective, this paper, firstly, will explain and explore the arguments which show advantages of Islamic concept on company in reducing agency problems and agency cost. Secondly, this paper will reveal the obstacles and problems faced in the implementation of such concept. Thirdly, this paper will offer an alternative solution framework to address various issues and constraints faced by them. Solutions offered here includes understanding aspects of the Islamic business draft, micro and macro benefits, human resources, regulatory and performance measurement indicators of  Islamic financial institutions.","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78786903","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-10-29DOI: 10.20885/jeki.vol2.iss1.art5
ekbisi ekbisi, A. Handoko, Marfuah Marfuah
This research is aim to analyze factors affecting the performance of accounting information system (SIA) of Islamic Banks in Daerah Istimewa Yogyakarta (DIY). The variables that are expected to influence SIA including the existence of monitoring board, formalization of information system, top management support, user involvement, technical skill of staff, organization size, training and education program, location of information system department, communication between user and developer, and user conflict . As many as 65 respondents were taken from 3 Islam banks in DIY. The research findings show that there are 6 variables that significantly influencing the performance of SIA, namely: the existence o fmonitoring board, top management support, user involvement, technical skill of staff, organization size, training and education program, location of information system department, communication between user and developer. Meanwhile, user conflict variable has negative influence on the performace of SIA. Formalization of information system variable and organization size variable have no influence on the performance of SIA.
{"title":"DETERMINAN KINERJA SISTEM INFORMASI AKUNTANSI: STUDI EMPIRIS PADA BANK SYARIAH DI WILAYAH DAERAH ISTIMEWA YOGYAKARTA","authors":"ekbisi ekbisi, A. Handoko, Marfuah Marfuah","doi":"10.20885/jeki.vol2.iss1.art5","DOIUrl":"https://doi.org/10.20885/jeki.vol2.iss1.art5","url":null,"abstract":"This research is aim to analyze factors affecting the performance of accounting information system (SIA) of Islamic Banks in Daerah Istimewa Yogyakarta (DIY). The variables that are expected to influence SIA including the existence of monitoring board, formalization of information system, top management support, user involvement, technical skill of staff, organization size, training and education program, location of information system department, communication between user and developer, and user conflict . As many as 65 respondents were taken from 3 Islam banks in DIY. The research findings show that there are 6 variables that significantly influencing the performance of SIA, namely: the existence o fmonitoring board, top management support, user involvement, technical skill of staff, organization size, training and education program, location of information system department, communication between user and developer. Meanwhile, user conflict variable has negative influence on the performace of SIA. Formalization of information system variable and organization size variable have no influence on the performance of SIA.","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2015-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73645502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2011-07-01DOI: 10.20885/jeki.vol1.iss2.art2
Nico Ferari, Heri Sudarsono
This research utilizesa non-parametric frontier approach, Data Envelopment Analysis (DEA). By using such an analysis, the purpose of this study is to analyse 3 Islamic banks in Indonesia during 2007-2010 period. In general, the result of study indicates that the level of efficiency of Islamic bank is various moving over time. In intermediary efficiency, conventional bank is found to be more efficient than Islamic bank. Moreover, conventional bank is more efficient than Islamic bank. Since the study pinpoints the sources of inefficiency, it also helps to provide the banks with strategic planning
{"title":"TINGKAT EFISIENSI PERBANKAN SYARIAH DAN KONVENSIONAL DENGAN MENGUNAKAN DATA ENVELOPMENT ANALYSIS (DEA)","authors":"Nico Ferari, Heri Sudarsono","doi":"10.20885/jeki.vol1.iss2.art2","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss2.art2","url":null,"abstract":"This research utilizesa non-parametric frontier approach, Data Envelopment Analysis (DEA). By using such an analysis, the purpose of this study is to analyse 3 Islamic banks in Indonesia during 2007-2010 period. In general, the result of study indicates that the level of efficiency of Islamic bank is various moving over time. In intermediary efficiency, conventional bank is found to be more efficient than Islamic bank. Moreover, conventional bank is more efficient than Islamic bank. Since the study pinpoints the sources of inefficiency, it also helps to provide the banks with strategic planning","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2011-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87770720","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2011-07-01DOI: 10.20885/jeki.vol1.iss2.art1
Anis Wulandari, Gugus Irianto, Unti Ludigdo
GCG (Good Corporate Governance) is the most popular principle to keep integrity for organization in the world. Almost all countries in the world keep this principle for building accountability and transparency. Unfortunately, in the practice, GCG has less interpretation about the value of stakeholder. This research is aiming at reconstruction GCG (OECD version) and looking for the more acceptable concept for Islamic values. Hopefully, it can give solution for the problem itself. Having analyzed values and characters of SET, we construct new GCG based on sharia’s values. These values are; first; understanding about stakeholder company more deeply, second; the principle about stakeholder rights; third; the equality about stakeholder behaviour; fourth; principle of transparency;fifth; about accountability of company.
{"title":"TELAAH KRITIS ATAS KONSEP GOOD CORPORATE GOVERNANCE DITINJAU DARI SHARI'ATE ENTERPRISE THEORY","authors":"Anis Wulandari, Gugus Irianto, Unti Ludigdo","doi":"10.20885/jeki.vol1.iss2.art1","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss2.art1","url":null,"abstract":"GCG (Good Corporate Governance) is the most popular principle to keep integrity for organization in the world. Almost all countries in the world keep this principle for building accountability and transparency. Unfortunately, in the practice, GCG has less interpretation about the value of stakeholder. This research is aiming at reconstruction GCG (OECD version) and looking for the more acceptable concept for Islamic values. Hopefully, it can give solution for the problem itself. Having analyzed values and characters of SET, we construct new GCG based on sharia’s values. These values are; first; understanding about stakeholder company more deeply, second; the principle about stakeholder rights; third; the equality about stakeholder behaviour; fourth; principle of transparency;fifth; about accountability of company.","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2011-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90784337","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2011-07-01DOI: 10.20885/jeki.vol1.iss2.art4
Yudha Rubi Riyanti, Gugus Irianto
The alms organization (Lazis) is an organization which has duty to manage the donation of muslims, the biggest population of Indonesia. Therefore, implementation of accountability of such organization is necessary, considering the large amount of the potential donation that could be managed. The objective of this research is to understand the accountability practice of a well known alms organization named Yayasan Dana Sosial al Falah (YDSF) Malang branch. This is a descriptive-qualitative study. The findings of this research show that the accountability practice of YDSF Malang includes habluminallah and habluminannas dimensions. The substance of such accountability practice includes physical, mental and spiritual aspects as classify by Triyuwono and Roekhuddin (2000). Physically, the accountability practice is materialized in the responsibility report to the YDSF holding and to the benefactors. Mentally and spiritually, it is materialized into various programs both in economic and social, as well as employees’ ethic and the employees’ obedience to the Islamic law. Finally, this research proposes a variant of conventional agency theory which is stated as Islamic Agency Theory.Â
{"title":"AKUNTABILITAS PADA LEMBAGA AMIL ZAKAT, INFAQ DAN SHADAQAH (STUDI KASUS PADA YAYASAN DANA SOSIAL AL-FALAH (YDSF) MALANG)","authors":"Yudha Rubi Riyanti, Gugus Irianto","doi":"10.20885/jeki.vol1.iss2.art4","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss2.art4","url":null,"abstract":"The alms organization (Lazis) is an organization which has duty to manage the donation of muslims, the biggest population of Indonesia. Therefore, implementation of accountability of such organization is necessary, considering the large amount of the potential donation that could be managed. The objective of this research is to understand the accountability practice of a well known alms organization named Yayasan Dana Sosial al Falah (YDSF) Malang branch. This is a descriptive-qualitative study. The findings of this research show that the accountability practice of YDSF Malang includes habluminallah and habluminannas dimensions. The substance of such accountability practice includes physical, mental and spiritual aspects as classify by Triyuwono and Roekhuddin (2000). Physically, the accountability practice is materialized in the responsibility report to the YDSF holding and to the benefactors. Mentally and spiritually, it is materialized into various programs both in economic and social, as well as employees’ ethic and the employees’ obedience to the Islamic law. Finally, this research proposes a variant of conventional agency theory which is stated as Islamic Agency Theory. ","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2011-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75441810","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2011-07-01DOI: 10.20885/jeki.vol1.iss2.art6
M. Majid
This study discusses the concept of poverty from an Islamic perspective. It then attempts to propose a holistic strategy to alleviate poverty in Indonesia within the Shari'ah framework. To eradicate poverty, inter alia, Indonesian Muslims should constantly and steadfastly improve their devoutness to the Almighty God. Their daily activities must be always in harmony with the Divine injunctions, the Holy Qur'an and Hadith. The elite groups must compromise and do not monopolize power and wealth in the country. Developmental budget should be proportionately distributed among its citizens. Just economic and democratic political systems which are free from corruption and malpractices must be upheld. The rich Indonesian Muslims must fulfil their rights to the poor by paying zakat (Islamic tax). The ruling government should not be oppressive; the political elites should not take a chance to reap their benefits in the political instability in the country. The just distribution of income should be preserved so that the continuous efforts to alleviate poverty can be easily intensified.
{"title":"MENGENTASKAN KEMISKINAN DALAM PERSPEKTIF EKONOMI SYARI'AH","authors":"M. Majid","doi":"10.20885/jeki.vol1.iss2.art6","DOIUrl":"https://doi.org/10.20885/jeki.vol1.iss2.art6","url":null,"abstract":"This study discusses the concept of poverty from an Islamic perspective. It then attempts to propose a holistic strategy to alleviate poverty in Indonesia within the Shari'ah framework. To eradicate poverty, inter alia, Indonesian Muslims should constantly and steadfastly improve their devoutness to the Almighty God. Their daily activities must be always in harmony with the Divine injunctions, the Holy Qur'an and Hadith. The elite groups must compromise and do not monopolize power and wealth in the country. Developmental budget should be proportionately distributed among its citizens. Just economic and democratic political systems which are free from corruption and malpractices must be upheld. The rich Indonesian Muslims must fulfil their rights to the poor by paying zakat (Islamic tax). The ruling government should not be oppressive; the political elites should not take a chance to reap their benefits in the political instability in the country. The just distribution of income should be preserved so that the continuous efforts to alleviate poverty can be easily intensified.","PeriodicalId":34834,"journal":{"name":"Jurnal Ekonomi dan Keuangan Islam","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2011-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89971630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}