Analysis of Strategic Risk Management on National Board of Zakat (BAZNAS) in Sukabumi

Authors

  • Hartomi Maulana Universitas Darussalam Gontor
  • Soritua Ahmad Ramdani Harahap Universitas Darussalam Gontor
  • Mentari Mentari Fazrinnia Universitas Darussalam Gontor

DOI:

https://doi.org/10.21111/iej.v8i2.8787

Keywords:

Risk Management, Strategic Risk, Zakat

Abstract

Zakat is one of the five basic pillars of Islam. The main function of zakat is to help the economy of the mustahik and become a counterweight in the national economic sector. Government Regulation of the Republic of Indonesia explained that the management of zakat is regulated by a non-structural government agency, namely, the National Board of Zakat (BAZNAS) which is responsible to the President through the Minister. The inaugural meeting of the International Working Group on Zakat Core Principles, which resulted in an agreement that the identification of risks in zakat management is very important because it will affect the quality of zakat management in the future. The purpose of this study was to analyze the implementation and mitigation of strategic risk management in the BAZNAS in Sukabumi. This study employs quantitative approach as research method. Interview and documentation are used as data collection techniques. The results of this study found that implementation of strategic risk management and the mitigation of strategic risk of BAZNAS in Sukabumi is well implemented. The vision and mission risk is the biggest strategic risk that is likely to occur, while the strategic risk that has the greatest impact is the objective risk. The BAZNAS in Sukabumi has good risk mitigation based on the scale of risk vulnerability.

References

Ascarya, e. a. (2018). Risk Management of Zakat Management. Jakarta: Department of Sharia Economics and Finance.Astriningrum. (2014). New Institutional Theory: Implementation Perfomance Based Budget Towards Competitive Organization and Market Oriented. Journal of Review Acountant . Journal of Review Acountant, Volume 4, No.2 , 2.Bambang Sudibyo, e. (2017). Indonesian Zakat Outlook 2017. Jakarta: BAZNAS Strategic Studies Center.Darmawi, H. (2006). Risk Management. Jakarta: Bumi Aksara.Fachryana, F. a.-H. (2020). Sharia Bank Strategic Risk Management. Journal of Management, Economics, Finance, and Accounting, 2.J, L. M. (2010). Qualitative Research Methodology. Bandung: Youth Rosda Karya.Kamaluddin, A. (2010). Islamic Management Ethics. Bandung: CV Pustaka Setia.Maulana, Hartomi. et al. (2021), Identifying Risks in Indonesian Zakat Institutions Using Enterprise Risk Management (ERM), The International Islamic Economic System Conference – The 9th I-iECONS MalaysiaMaulana, Hartomi and Muhammad Zuhri. 2020. Analisis Implementasi Good Amil Governance berdasarkan Zakat Core Principle di Lembaga Amil Zakat: Studi pada LAZ Nurul Hayat, Surakarta, Tijarah Journal (Vol. 6 No. 2, DecemberNina Triyani, e. a. (2017). Risk Management at the National Zakat Agency. Al-Muzara'ah Journal Volume 5, No 2, 5.Noor, H. M. (2012). Assessing the Performance of Non-Profit Organizations: A Framework for Zakat Institutions. Journal of Economics, Finance and Knowledgement, Volume 5, No.1, 12.Raco. (2010). Qualitative Research Methods Type, Characteristics and Advantages. Jakarta: PT. Gramedia Widiasarana Indonesia .Rasid, H. (2003). Fiqih Indonesia. Jakarta: Al-Mawardi.Sugiyono. (2008). Business Research Methods. Bandung: Alfabeta.Sugiyono. (2012). Management Research Methods. Bandung: Alfabeta.Wibowo, A. (2016). The Strategy of the banking industry in Indonesia : Following institutonal theory or resource based view. Journal of Business Strategy, Volume 20, No.2, 3.Financial Services Authority Regulation, Number 65 / POJK 03/2016Minister of Finance Regulation No. 191 / PMK.09 / 2008 Article 1, http://www.jdih.kemenkeu.go.idBaz, S. A. (n.d.). Zakat. Retrieved from Shyakh Abdul Aziz bin Baz : http://www.raudhatulmuhibbin.orgBAZNAS. (2020, September 15). Profil. Retrieved from BAZNAS: https://BAZNAS.go.id/profilIndonesia, M. o. (2020, September 15). Migrasi Peraturan. Retrieved from Ministry of Defense of the Republic of Indonesia: https://www.kemhan.go.id/itjen/wp-content/uploads/migrasi/peraturan/01414.pdfRegency, B. S. (2020, July 15). Kab. Sukabumi BAZNAS. Retrieved from BAZNAS Sukabumi Regency: https://kabsukabumi.BAZNAS.go.idStatistic, C. B. (2020, July 15). Total Penduduk Pertegahan Tahun Kabupaten Sukabumi 2013-2020. Retrieved from Central Bureau of Statistic: https://sukabumikab.bps.go.id/statictable/2018/05/10/30/jotal-penduduk-pertengah-tahun-kabamatan-sukabumi-2013-2020-proyeksi-penduduk-.html

Downloads

Published

2022-12-18

Issue

Section

Articles