Nashr Akbar, M.Ec
Peneliti LPPM Tazkia
Tanggal Publikasi: 31 Des 2023
Why Does Waqf Literacy Matters?
Many studies have highlighted a low literacy level of waqf among Muslims all over the world. In Indonesia, an effort to measure the level of waqf literacy using an index was initiated by the Indonesian Waqf Board in 2020. The result has proven that there is a low level of waqf literacy in Indonesia. This study aims to explore the reasons behind the low level of waqf literacy and understand the importance of waqf literacy. Based on a literature survey, the following aspects need to be clearly explained and elaborated to effectively improve waqf literacy among the public. First, the unique characteristics of waqf compared to other Islamic alms; second, waqf literacy is positively related to waqf collection; third, the utilization of waqf can be further enhanced when the literacy is higher; and fourth, disputes and conflicts about waqf ownership are frequently due to lack of waqf literacy. In summary, this study is expected to increase the interest and attention of all stakeholders toward enhancing waqf literacy. Waqf authorities and waqf institutions are encouraged to intensify education and socialization about waqf, while researchers are expected to study more on waqf literacy. To further develop the waqf sector, it is necessary to have a road map to increase waqf literacy.
Originality/Value: The study aims to explore the reasons behind the importance of waqf literacy in Indonesia. Identifying these reasons in the Indonesian context could pave the way for tailored interventions and policies to improve waqf literacy, which may have implications for similar contexts elsewhere.
Tanggal Publikasi: 28 Des 2023
Efficiency Comparison between Conventional and Islamic Rural Banks in Sumatra during the COVID-19 Pandemic
This study aims to examine and compare the efficiency of conventional rural banks and Islamic rural banks in their roles as intermediary institutions during the COVID-19 pandemic in Sumatra, Indonesia. Furthermore, the efficiency determinants were further analysed to find some variables that affect rural banks’ efficiency. Non-Parametric approach, Data Envelopment Analysis (DEA), and Tobit Regression are employed in this study. The results show that Islamic rural banks have better efficiency performance compared to conventional rural banks, but that there is a fluctuating efficiency trend experienced by both types of rural banks during the observation period. In addition, the potential improvement result indicates that financing and operating revenue variables are the main causes of rural bank inefficiency. Furthermore, the Tobit Regression result finds that capital and bank size significantly improve the efficiency level, but that risk significantly reduces bank efficiency.
Tanggal Publikasi: 30 Nov 2023
Uncovering Halal Label Food Purchase Intention Behavior in Indonesia: A Twitter Analytics and SEM-Based Investigation
This study examined the factors that influence the intention to buy food labeled halal among Muslim consumers in Indonesia using mixed methods, this research used qualitative analysis by identifying trending topics related to 2.665 conversations on halal labels on Twitter in Indonesia using Drone Emprit Academic (DEA) and NVivo 12 Plus to uncover the underlying perception. A quantitative hypothesis was then developed based on the qualitative investigation and the adoption literature. Survey data was collected from 407 Muslim consumers in Indonesia using SEM-PLS. The results showed that the variables halal labeled food intention, halal labeled food safety, and halal labeled food knowledge showed a significant and positive influence on the intention to buy halal labeled food and repeat purchases of halal labeled food. This shows increasing consumer awareness about product halalness, health, and perceived value, which in turn encourages consumer interest to buy food products labeled halal.
Tanggal Publikasi: 1 Jan 2021
Pengantar Ekonomi Islam
Pandangan dunia atau pandangan hidup (worldview) berperan sangat penting dalam sistem masyarakat tertentu. Worldview berfungsi sebagai dasar bagi keseluruhan bangunan pengetahuan.1 Di bidang ilmu pengetahuan, worldview berfungsi sebagai media kognitif yang menjelaskan posisi ontologis, aturan metodologis, kerangka nilai, dan sebagainya.2 Oleh karena itu, bangunan ilmu pengetahuan sangat bergantung pada setiap worldview yang dimiliki masyarakat tertentu dan di atas worldview tadi dibangunlah ilmu pengetahuan yang khas3 serta peradaban yang berbeda dari fondasi peradaban lain.
Tanggal Publikasi: 30 Jul 2023
Decoding Islamic Wealth Management from Qur’anic Texts
Islamic wealth management is one of the new emerging financial service industries that attract many wealthy people to trust their assets managed in accordance with Islamic values and principles. Islamic wealth management is distinct from the conventional conception of wealth management from the philosophical foundation. Therefore, Islamic wealth management’s philosophical foundation is fundamental to understanding wealth management from the Islamic perspective. The paper aims to redefine the contemporary concept of wealth management from an Islamic perspective derived from the Qur’anic perspective. The finding shows that Islamic conception of wealth management from Qur’anic framework is very comprehensive that cover all philosophical foundation; ontology, epistemology, and axiology. The Islamic wealth management process contends three aspects: (1) wealth creation, (2) spending
Tanggal Publikasi: 4 Nov 2020
Efficiency Analysis of Local Government Expenditures Based On Islamic Human Development Index
The purpose of this study was to analyze the efficiency of local government expenditure based on Islamic Human Development Index (I-HDI) in Local Government at the Indonesian’s Province using Data Envelopment Analysis (DEA). DEA is a non parametic method that was developed to measure the level of efficiency compared to the Decision Making Unit (DMU). This method can measure the efficiency of a government entity by using multi-input and multi-output. DEA result also can be used to identify wich input or output must be increased by Decision Making Unit (DMU) to reach optimum efficiency. The result from this study showed that the average of efficiency score in local government at Indonesian’s Province is increasing from 2015 until 2018. This study also indicates that North Sumatera, East Java, and Yogyakarta’s government spending were efficient in 4 years. While Bangka Belitung and West Papua achieve the lowest efficiency score, and should optimize input and increase the number of output to improve the efficiency. Morever, the main source of inefficiency is in Life birth rate indicators.
Tanggal Publikasi: 16 Jun 2021
Monetary Policy, Islamic Finance, and Islamic Corporate Governance: An International Overview
It can be easily seen from the different reports of the International organizations like IMF and World Bank that most of the Muslim countries are under developed and have a very low per capita income except the producer of natural resources. Majority of them are facing social and economic problems, low literacy rate with highly unskilled labor force. Most of the Muslim population in these countries are living under poverty, unemployment rate is very high, and health condition is very poor. Except few, most of them are dependent on their deprived agricultural sector. Their social and economic problems are a major constraint in the development of their economies. Academicians and experts are in view that policies which are implemented in these countries are not well suited to these economies. Especially they blame to the monetary policy which is generally implemented through the channel of interest rate. In their view, interest is not allowed and it is clearly mentioned in their holy book, Al‐Qur’an. Before going to deep in this area, it is better for us to discuss the objective of the monetary policy in conventional as well as in an Islamic economy.
Tanggal Publikasi: 1 Jan 2023
Factors Influencing Interest of Indonesian Muslim Millennials in Waqf
This chapter aims to identify factors that may influence the interest of Indonesian Muslim millennials in performing waqf. Five variables, namely waqf literacy, religiosity, trust in waqf institutions, religiosity, income, and social influence, were tested using SEM-PLS method. Data are obtained through online questionnaires with the number of sample is 321 Muslim millennials from the five major islands in Indonesia. The finding shows that four variables, literacy, religiosity, trust in waqf institutions, and social influence, have a significant impact on their interest in waqf donation. As a result, waqf institutions must nurture trust of prospective waqf through massive socialization such as social media which is widely accessed by millennials. This may attract their attention, leave a good impression, and create a supporting environment. In addition, waqf institutions need to instill trust by being more open, honest, and transparent about the programs they created through campaigns by bringing social and religious issues packed with excellent and exciting delivery that can help increase the interest of Muslim millennials in performing waqf. Furthermore, quality of nazhir should be improved, collaboration should be promoted, and the utilization of digital technology are highly recommended
Tanggal Publikasi: 1 Jan 2016
ANALISIS PERMASALAHAN KOPERASI BAITUL MAAL WA TAMWIL (KBMT) PERKOTAAN (Studi Kasus KBMT di Kota Bogor)
Microfinance as an effective tool provides financial service for those who do not have the access or could not be accessed by a commercial bank or other financial institution. The Growth of Baitul Maal wa tamwil (BMT) as one of the Islamic financial institution is very fast and massive. There are many challenges and obstacles that inhibit the growth of it, either from internal or external of BMT. The purpose of this study is to identify the issues faced by the urban of BMT (Bogor City), used Analytic Network Process (ANP). The study also attempt to provide solution of the BMT problem faced. The result of this study showed that the problem of internal Issues was more dominant than External Issues, with the priority level of 54%. Based on the Internal Problems aspect, the dominant issue was the problem of “Low Quality and understanding of Human Resource”. Meanwhile an aspect of the external problem is “the strictness of Business Competition”. Furthermore, the solution could be implemented are 1) Training for Human Recourse 2) BMT Mentoring by the relevant government.
Tanggal Publikasi: 1 Jan 2021
Reviewing stock waqf product of Indonesian securities company
Waqf plays an important role in the economic development of the umma. it may help the burden of statet expenditure and also eliminate riba(cizakca, 1998) , its proven in the time of the Ottona whereby the waqf systemalong with the imaret system and other religious Institutions contributed to the socio-economics
Tanggal Publikasi: 4 Mei 2015
pportunity and Challenges to Integrate ZakatIntoIndonesian Fiscal System in The Light of Siyasah Shar‘iyyah
arisen in Muslim countries including Indonesia. It is argued that zakat, in history, has played a significant role to create welfare among societies. It is proven at the time of Caliph 'Umar ibn 'Abdul 'Aziz that zakat has alleviated poverty at that time alongside tax. Having considered such achievement, some scholars argued that zakat should be reintegrated into current fiscal system. This paper, therefore, attempts to study the feasibility of integrating zakat into Indonesian fiscal system. Employing descriptive analysis based on Siyasah Shariyyah (high objectives of the Shariah). Therefore, the objectives of the study are set with these following points: 1) to address the strength and the weakness of the implementation of this idea, 2) to assess its opportunity as well as its threat, 3) to examine whether the integration of zakat will secure maslahah (benefit) or create mafsadah (harm). The result shows that the integration of zakat into current fiscal system is in line with the Siyasah Shariyyah. Hence, the strong willingness and commitment of government is strongly required to applicate it. The proper model of integration should also be planned well. Moreover, nurturing the understanding to all parties, especially to the nonMuslims and secularists, that this idea is really beneficial and not discriminatory should be promoted.
Tanggal Publikasi: 4 Jan 2019
he Potential of Bait al-M l wa Tamwil (BMT) in Developing The Border Area of Indonesia - Malaysia
This research aims at investigating the potential of Bait al-Māl wa Tamwil (BMT) in the development of border areas of Indonesia-Malaysia by prioritizing the welfare approach. Primary data was obtained through in-depth interviews with respondents from academics, practitioners, and regulators. The Analytic Network Process (ANP) method and Benefit Opportunity Cost Risk (BOCR) network are used to review the interview results. The results reveal that BMT is able to help the development of the border areas. Moreover, the aspects of benefit and opportunity in exploiting BMT is more significant than the cost and risk aspects. There are three alternative strategies to be implemented in order to maximize the benefits and opportunities and also minimize the costs and risks, namely the capital of third parties, linkage programs, and special regulations
Tanggal Publikasi: 2 Jul 2023
Integrating zakat into Indonesian fiscal system in the light of siyasah shar’iyyah
Nowadays, the idea of integrating zakat into fiscal system has arisen in Muslim countries including Indonesia. It is argued that zakat, in history, has played a significant role to create welfare among societies. It is proven at the time of Caliph ‘Umar ibn ‘Abdul ‘Aziz that zakat has alleviated poverty at that time alongside tax. Having considered such achievement, some scholars argued that zakat should be reintegrated into current fiscal system. This paper, therefore, attempts to study the feasibility of integrating zakat into Indonesian fiscal system. Employing descriptive analysis based on SiyasahShar‘iyyah (high objectives of the Shari‘ah). Therefore, the objectives of the study are set with these following points: 1) to address the strength and the weakness of the implementation of this idea, 2) to assess its opportunity as well as its threat, 3) to examine whether the integration of zakat will secure maslahah (benefit) or create mafsadah (harm). The result shows that the integration of zakat into current fiscal system is in line with the SiyasahShar‘iyyah. Hence, the strong willingness and commitment of government is strongly required to apply it. The proper model of integration also should be planned well. Moreover, nurturing the understanding to all parties especially to the non-Muslims and secularists that this idea is really beneficial and not discriminatory should be promoted.
Tanggal Publikasi: 1 Jan 2018
THE GROWTH PERFORMANCE OF JUVENILE YELLOW FIN SEABREAM (ACANTHOPAGRUS ARABICUS) FED AT DIFFERENT FEEDING RATES WHILE REARED IN FLOATING NET CAGES.
This study investigated feeding management of yellowfin seabream, Acanthopagrus arabicas, juveniles under different feeding rates and its relationship to growth performance, survival, cannibalism and body composition. Thirty healthy fish (21.87±0.22g initial weight) were stocked in 12 separate net cages 3.4m<sup>3</sup> assigned to four groups: F1, F2, F3, and F4 to receive feed at 3%, 5%, 7% and 9% body weight per day (bw/d). The juveniles were fed twice daily with a diet containing 42% protein for seven weeks. At the end of the feeding trial, group F3, fed at 7% bw/d, had significantly (P<0.05) higher percent weight gain, average daily weight gain and specific growth rate, followed by groups F2 (5% bw/d) and F4 (9% bw/d). The poorest growth performance was recorded in F1 (3% bw/d). Cannibalism was not seen in any treatment group, and survival was recorded 100%. In the whole fish body proximate composition, protein, ash and moisture showed no change while lipid levels in the fish bodies increased with increasing feeding ratio. Based on the results, 7% bw/d was the optimum feeding rate for J. arabicas under given experimental conditions.
Tanggal Publikasi: 2 Mar 2020
Effects of partial substitution of fishmeal by soybean meal in Nile tilapia (Oreochromis niloticus) diet
he experimental trial was conducted in saline water to determine the replacement level of fish meal with locally available plant protein source, the soybean meal on growth performance, survival and body composition of Nile Tilapia (Oreochromis niloticus) juveniles reared in floating net cages. Four types of diet (35% crude protein) were formulated where fishmeal was replaced by soybean meal, partially up to 0%, 25%, 50% and 75% designated as treatment T1, T2, T3 and T4 respectively. The diet T1 was the control diet where a fish meal was the main ingredient and sole source of protein. A triplicate group of thirty healthy fish, juveniles (15.58g average initial weight) were stocked in each floating net cage (1.2 x 1.2 x 1.2m). Feeding was done at the rate of apparent visual satiation twice daily for a period of six weeks. At the end of the trial results indicates that there were no significant differences (P>0.05) in percent weight gain (%), specific growth rate (SGR %), average daily weight gain (g/ind/day), and feed conversion ratio (FCR) up to 50%fishmeal replacement by comparing with the control diet without soybean meal. However, deterioration in growth performance was noted in fish receiving more than 50% dietary soybean meal. Feed conversion ratio was poorer by increasing the soybean meal over 50%, T4 (2.81±0.74) and T3, (2.55±0.36), which is significantly different from T1 (2.21±0.12) and T2 (2.34±0.34). Survival was 94.99% in all the treatment groups. No significant differences (P>0.05) were found in fish final body carcass composition of protein, ash and moisture contents, but, the lipid level of the fish's body increased (P<0.05) significantly with an increasing fish oil and soybean meal in the diets. As a result, 50% soybean meal in the diet can substitute fishmeal without jeopardizing the growth and health condition of Nile tilapia.