Proceedings of the 1st Conference on Islamic Finance and Technology, CIFET, 21 September, Sidoarjo, East Java, Indonesia

Research Article

Good Zakat Governance; The Mustahiq-Muzakki Transformation Report Model

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  • @INPROCEEDINGS{10.4108/eai.21-9-2019.2293971,
        author={Muhammad Hatta Fahamsyah and Muhamad  Wahyudi},
        title={Good Zakat Governance; The Mustahiq-Muzakki Transformation Report Model},
        proceedings={Proceedings of the 1st Conference on Islamic Finance and Technology, CIFET, 21 September, Sidoarjo, East Java, Indonesia},
        publisher={EAI},
        proceedings_a={CIFET},
        year={2020},
        month={5},
        keywords={zakat transformation good zakat governance},
        doi={10.4108/eai.21-9-2019.2293971}
    }
    
  • Muhammad Hatta Fahamsyah
    Muhamad Wahyudi
    Year: 2020
    Good Zakat Governance; The Mustahiq-Muzakki Transformation Report Model
    CIFET
    EAI
    DOI: 10.4108/eai.21-9-2019.2293971
Muhammad Hatta Fahamsyah1,*, Muhamad Wahyudi2
  • 1: Universitas Pelita Bangsa
  • 2: Universitas Tidar
*Contact email: hatta@pelitabangsa.ac.id

Abstract

Poverty is a matter of human life. Islam puts poverty into the number two problem after the faith. Islam as a perfect religion has provided a solution to the problem of poverty through the zakat mechanism. Good zakat management (Good Zakat Governance / GZG) is a demand for all Zakat Management Institution (ZMI). Full Disclosure in the ZMI financial statements is a must in order to attract the trust of the muzakki and is part of the GZG practices that must be carried out by ZMI. This paper aims to propose a reporting model for transformation of mustahik into muzakki to complement the financial statements presented by the ZMI. This report model is a form of transparency in good zakat management (Good Zakat Governance).