Study on Block-Chain Implementation in Zakat Management (Case Study in Indonesia)

Santoso, Bedjo and Amilahaq, Farikha and Ahmad, Suraya and Nasir, Noor Emilina Mohd (2020) Study on Block-Chain Implementation in Zakat Management (Case Study in Indonesia). In: ICIC 2020, 27th August 2020, Semarang, Indonesia.

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Studies on the role of ICT in Zakat management have been carried out with the conclusion that the use of ICT can increase efficiency, convenience, and practicality in paying Zakat. However, the problems faced by Zakat institutions are: Trust, Credibility, Accountability, and Transparency. To deal with these issues is by using Block-chain technology. Thus, it is necessary to conduct a study in more detail of block-chain implementation in Zakat management. This research is a descriptive research involving 200 respondents as the sample throughout Indonesia. The sample includes Academicians, Islamic Finance Activists, Zakat Payer, and Scholars. The Sampling method used is area, stratified, purposive sampling. The result shows that the use of ICT can increase people awareness to pay Zakat. Secondly, the use of block-chain technology will increase the credibility value of institutions. Last but not least, the transparency will encourage people’s belief and trust to the Zakat institution. Therefore, to design appropriate model Block-Chain is needed to facilitate good relationship among Zakat stakeholders. In term of TAM (Technology Acceptance Model) the use of Block-Chain in Zakat management will facilitate in three ways, namely; Perceived of Usefulness Perception, Increasing Performance and Perceived on Easiness of Use. The result also revealed that credibility is the most significant factor, and then followed by accountability, transparency, and trust.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: zakat management ict block-chain zakat institution
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: EAI Editor IV
Date Deposited: 06 May 2021 09:30
Last Modified: 06 May 2021 09:30

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