Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural Banks
In Indonesia, potential sources of zakat are grouped into three parts: potential zakat from individual or family groups, potential zakat from companies/industry, and from the results of deposits of zakat funds stored in banks. This study analyzes corporate zakat from the stakeholder theory's pe...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universitas Muhammadiyah Yogyakarta
2023-07-01
|
| Series: | Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies |
| Subjects: | |
| Online Access: | https://journal.umy.ac.id/index.php/afkaruna/article/view/16329 |
| _version_ | 1797746058501029888 |
|---|---|
| author | Riduwan Riduwan Hamim Ilyas Mufti Alam Adha |
| author_facet | Riduwan Riduwan Hamim Ilyas Mufti Alam Adha |
| author_sort | Riduwan Riduwan |
| collection | DOAJ |
| description | In Indonesia, potential sources of zakat are grouped into three parts: potential zakat from individual or family groups, potential zakat from companies/industry, and from the results of deposits of zakat funds stored in banks. This study analyzes corporate zakat from the stakeholder theory's perspective with primary and secondary data from Islamic rural banks in the Special Region of Yogyakarta. The data analysis used qualitative from interviews and quantitative descriptive approach from the company report. Conclusions are drawn by describing secondary data, which is deepened through interviews with the directors of Islamic rural banks and relating them to stakeholder theory. The results of this study indicate that corporate zakat is in line with stakeholder theory because it positively impacts the performance of Islamic rural banks in Yogyakarta. Meanwhile, the muamalah approach to corporate zakat law has opened space for ijtihad against zakat law. Another conclusion states that Islamic rural banks that run zakat will improve business performance because the social approach can maintain stronger business relationships. |
| first_indexed | 2024-03-12T15:32:41Z |
| format | Article |
| id | doaj.art-a836556314a945588823f01909d2d4bc |
| institution | Directory Open Access Journal |
| issn | 2599-0551 2599-0586 |
| language | English |
| last_indexed | 2024-03-12T15:32:41Z |
| publishDate | 2023-07-01 |
| publisher | Universitas Muhammadiyah Yogyakarta |
| record_format | Article |
| series | Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies |
| spelling | doaj.art-a836556314a945588823f01909d2d4bc2023-08-10T01:47:48ZengUniversitas Muhammadiyah YogyakartaAfkaruna: Indonesian Interdisciplinary Journal of Islamic Studies2599-05512599-05862023-07-01191859810.18196/afkaruna.v19i1.163296840Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural BanksRiduwan Riduwan0Hamim Ilyas1Mufti Alam Adha2Islamic Banking Department, Faculty of Islamic Studies, Universitas Ahmad Dahlan, YogyakartaIslamic Economic Law Department, Faculty of Shariah and Law, UIN Sunan Kalijaga, YogyakartaIslamic Banking Department, Faculty of Islamic Studies, Universitas Ahmad Dahlan, YogyakartaIn Indonesia, potential sources of zakat are grouped into three parts: potential zakat from individual or family groups, potential zakat from companies/industry, and from the results of deposits of zakat funds stored in banks. This study analyzes corporate zakat from the stakeholder theory's perspective with primary and secondary data from Islamic rural banks in the Special Region of Yogyakarta. The data analysis used qualitative from interviews and quantitative descriptive approach from the company report. Conclusions are drawn by describing secondary data, which is deepened through interviews with the directors of Islamic rural banks and relating them to stakeholder theory. The results of this study indicate that corporate zakat is in line with stakeholder theory because it positively impacts the performance of Islamic rural banks in Yogyakarta. Meanwhile, the muamalah approach to corporate zakat law has opened space for ijtihad against zakat law. Another conclusion states that Islamic rural banks that run zakat will improve business performance because the social approach can maintain stronger business relationships.https://journal.umy.ac.id/index.php/afkaruna/article/view/16329islamic rural bankszakat of corporatestakeholder theory. |
| spellingShingle | Riduwan Riduwan Hamim Ilyas Mufti Alam Adha Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural Banks Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies islamic rural banks zakat of corporate stakeholder theory. |
| title | Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural Banks |
| title_full | Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural Banks |
| title_fullStr | Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural Banks |
| title_full_unstemmed | Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural Banks |
| title_short | Corporate Zakat in Perspective of Stakeholder Theory: A Case Study of Islamic Rural Banks |
| title_sort | corporate zakat in perspective of stakeholder theory a case study of islamic rural banks |
| topic | islamic rural banks zakat of corporate stakeholder theory. |
| url | https://journal.umy.ac.id/index.php/afkaruna/article/view/16329 |
| work_keys_str_mv | AT riduwanriduwan corporatezakatinperspectiveofstakeholdertheoryacasestudyofislamicruralbanks AT hamimilyas corporatezakatinperspectiveofstakeholdertheoryacasestudyofislamicruralbanks AT muftialamadha corporatezakatinperspectiveofstakeholdertheoryacasestudyofislamicruralbanks |