Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics) is a peer-reviewed journal on Islamic Economics and Finance by Faculty of Shariah and law Syarif Hidayatullah Jakarta in cooperation with The Indonesian Association of Islamic Economist. FOCUS:This journal focused on Islamic economics and finance studies and present developments through the publication of articles, research reports, and book reviews. SCOPE: Al Iqtishad specializes on Islamic economics and finance, and is intended to communicate original research and current issues on the subject. This journal warmly welcomes contributions from scholars of related disciplines.

Recent Submissions

  • Gen Z' Halal Cosmetic Purchasing: Merely a Way of Life?

    Fiddarayni, Akfini Farihah; Mardian, Sepky (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    Generation Z (Gen Z) have distinctive consumer behavior as trends massively influence them. This study aims to determine the effect of financial literacy, halal certification, and halal awareness of halal-labelled cosmetics among Gen Zs, using the case of undergraduate students in Depok. The methodology used is quantitative with a causal approach. The data were obtained from 101 female students filling out the questionnaire. The data was processed using Partial Least Squares-Structural Equation Model (PLS-SEM). The findings indicated that financial literacy influenced the users of halal cosmetics. However, halal variables related to halal certification and awareness have not significantly influenced cosmetic consumption.
  • Sharia Integration in Hospital Service: Implementation of Purity and Ikhtilāṭ Aspect

    Maksum, Muhammad; Wahyuni, Afidah; Fuad, Sahlul; Rina, Ade; Hasanah, Farida Latifatul; Bonhomme, Fabien (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    The application of sharia hospitals has implications for improving services. Two standards must be met, including purity and avoidance of ikhtilāṭ. However, this effort requires a large amount of money, affecting the principle of simple, fast and inexpensive service. The findings indicate that patients and their families benefit from adopting purity standards and avoiding ikhtilāṭ. Implementation of standard purity, however, does not fully have adequate management to ensure standard compliance. Meanwhile, implementing ikhtilāṭ avoidance standards is strongly influenced by the availability of resources and infrastructure. However, under certain conditions, the application of these standards is neglected. Implications This study emphasizes the need for detailed management and guidelines in applying these standards.
  • The Influence of Knowledge, Service Quality, Trust, and Perceived Value on Sharia Fintech Customer Satisfaction

    IPB University; Fauzi, Siti Ismi Diningty; Beik, Irfan Syauqi; Munandar, Jono Mintarto (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    The existing fintech in Indonesia is changing the landscape of the global financial sector significantly. Using SEM-PLS analysis, this study aims to determine the effect of knowledge, service quality, trust, and perceived value on customers’ satisfaction of sharia fintech. Using the sharia fintech ALAMI customers, this study finds that knowledge, trust, quality of services, and perceived behavior have a positive significant influence on ALAMI's customer satisfaction. This could be attributed to the easy access provided by fintech.
  • Institutional and Empowerment Models of Integrated Zakāh Village in Jember

    Universitas Jember; Mahardiyanto, Agus; Fathorrazi, Moehammad; Hardinawati, Lusiana Ulfa (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    Indonesia has a significant zakāh potential. However, the challenges faced by zakāh management are related to the collection and distribution. This research aims to analyze the institutional patterns and empowerment models of the Integrated Zakāh Village in Jember using the Participatory Rural Appraisal (PRA) theory. Using observations, a document study, Focused-Group Discussions (FGD), and in-depth interviews with the zakāh stakeholders, this research assesses the compatibility of the PRA theory in the development of Kampung Zakāh. This study finds that the obstacles in the Zakāh Village program are related to mustaḥiq's work ethics and enthusiasm. Among the aspects that need to be improved is the promotion of the program through social media to make it a massive community movement. Furthermore, this program empowers marginalized groups, including women, and encourages them to be independent.
  • Waqf Forest Development Strategy in Cibunian Bogor

    Asep Nurimam Munandar1, Mukhaer Pakkana2*, Amrizal3*; Munandar, Asep Nurimam; Pakkana, Mukhaer; Amrizal, Amrizal (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    Indonesia has a significant waqf potential. However, its realization has not been optimal. Using the Bogor Waqf Forest Foundation as the case study, this research analyzes the implementation of the waqf forest development strategy. It assesses the priority Benefits, Opportunities, Costs, and Risks (BOCR) faced. This study uses the business model canvas (BMC) to the BOCR by mapping the nine business blocks of the canvas model. The study finds that the main priorities to strengthen the management and development of the forest waqf project are 1) nāẓir professionalism and competence in knowledge of waqf laws, 2) research and discourse development, and 3) personal approach to collecting waqf funds.
  • The Effect of Peer-Banks on Bank Liquidity Management: The Case of Islamic Banks in Indonesia

    Warninda, Titi Dewi; Aisy, Diamantin Rohadatul (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    This study aims to analyze the influence of peer banks on the liquidity management of Islamic banks in Indonesia and whether such influence is robust during the periods of the global financial crisis. This research uses fixed-effect panel data regression with robust standard error and the data of Islamic banks in Indonesia for the years 2007-2020. This research finds that peer-banks have a negative impact on Islamic bank liquidity, and it is robust in the global financial crisis periods. This study contributes to the policymakers and literature regarding the peer bank effect, especially in the liquidity management of Islamic banks. The liquidity management of Islamic banks is not only influenced by the conditions of the Islamic banks themselves but also affected by the behavior of other Islamic banks.
  • Sharia Supervisory Board in Limited Company-Based Sharia Banks

    Nurhasanah, Nurhasanah (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    This paper aims to examine the function of the Sharia Supervisory Board (SSB) due to the inconsistency of laws and regulations concerning this body. Law No. 21 of 2008 on Sharia Banking has required every Sharia Bank and Sharia Business Unit in the Banks to form an SSB. However, Law No. 40 of 2007 on Limited Liability Companies has not regulated the SSB as a corporate organ. This paper analyzes laws and regulations on the SSB and court decisions on cases resulting from legal inconsistencies, with the organizational structure and fiduciary duty theories as analytical frameworks. This study finds out that legal ambiguity results in the absence of coordination between the SSB and other bodies in the organization. Thus, this prevents the SSB from optimally carrying out its functions and roles. Among the consequences is the inability to ensure sharia compliance in business contracts leading to lawsuits to cancel the contracts. 
  • Religious Humanism Synergy to Develop Creative Industry-Based Halal Tourism in Indonesia

    Perbanas Institute; Fariana, Andi; Saripudin, Saripudin; Rukmana, Ovalia (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2023-01-07)
    This study aims to propose a halal tourism model by adopting religious humanism integrated with the creative industry as a baseline. This is a legal study with a statutory approach, relying on various laws and regulations as the primary data, including MUI’s fatwas. This study found that religious humanism can be integrated into the development of the halal tourism industry based on creative industries, with Regional Regulations (Perda) as the guideline. The integration of religious humanism in development is possible with the participation of all stakeholders. This is because the development of halal tourism is not merely about tourism objects but also the community. In this case, religious people easily accept the idea and are willing to participate as long as the integration is structured.
  • Peer-banks Effect on Islamic Bank Liquidity

    Warninda, Titi Dewi; Aisy, Diamantin Rohadatul (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    Several previous studies show that a company's financial and operational decisions are not only determined by the state of the company itself but are also influenced by the behavior of other companies (peer-effect). Because of the different characteristics between Islamic and conventional banks where Islamic bank operations must comply with sharia principles, and the limitations of sharia-based liquidity instruments faced by Islamic banks, it is necessary to research Islamic bank liquidity management, especially regarding the extent to which peer-banks affect the liquidity decision of Islamic banks.This study aims to analyze the influence of peer banks on the liquidity of Islamic banks. It also analyzes whether the influence is robust during the periods of the global financial crisis. The result of this research gives an analysis of peer-banks’ impact on Islamic banks liquidity, and the influence of the global financial crisis on it. This research uses fixed-effect panel data regression with robust standard error and the data of Islamic banks in Indonesia for the years 2007-2020. The results of this research show that peer-banks have a significant negative impact on Islamic bank liquidity, and it is robust in the global financial crisis periods. Based on this study, Islamic bank liquidity management is affected by other Islamic banks in the industry. Islamic bank liquidity tends to be higher than its peers, then Islamic bank will decrease its liquidity to follow peer-bank liquidity management.
  • The Influence Of Knowledge, Service Quality, Trust And Perceived Value On Sharia Fintech Customer Satisfaction

    IPB University; Fauzi, Siti Ismi Diningty; Beik, Irfan Syauqi; Munandar, Jono Mintarto (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    The existing fintech in Indonesia is changing the world landscape in the global financial sector significantly. Sharia fintech is a combination or combination of innovation between finance and technology in the process of financial and investment services based on the values of Islamic teachings with Islamic principles. This study aims to analyze all dimensions knowledge, service quality, trust, perceived value towards fintech customer satisfaction. sharia. The data collected in this study were primary data obtained from a questionnaire survey in Indonesian and distributed via a Google Form link using an Likert scale. The sampling method (respondents) used purposive sampling. The data was processed and analyzed using Structural Equation Modeling. The results obtained by 230 respondents and indicate that the variable knowledge, service quality-perceived value is rejected, while the variable trust is accepted. The variables of knowledge, service quality¸perceived value, trust have a positive influence on customer satisfaction. The sharia fintech variable based on sharia P2P lending does not have a positive effect on customer satisfaction.
  • Sharia Supervisory Board in the Limited Company Based Shari’a Banking

    Nurhasanah, Nurhasanah (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    The Law Number 21 of 2008 concerning Sharia Banking has required every Sharia Bank and Sharia Business Unit in the Banks to form a Sharia Supervisory Board. In addition, the appointment and duties of the Sharia Supervisory Board has been also explained in addition to the appointment and duties of controlling shareholders, the board of commissioners and directors. However, the Law Number 40 of 2007 concerning Limited Liability Companies such as the legal basis for a Sharia Bank which is a limited liability company, has not regulate the Sharia Supervisory Board as a corporate organ. The inconsistency in two laws raises questions; first, how did the Sharia Supervisory Board carry out its functions and duties when viewed from the aspect of its position in the organizational structure of a sharia bank? Second, Could the Sharia Supervisory Board carry out its functions and duties optimally? To answer these questions, I uses a normative juridical method to describe the rules governing the Sharia Supervisory Board. A qualitative approach is used to describe the phenomena of the Sharia Supervisory Board in carrying out its roles and functions. The data consist of  the documents, surveys and adequate references. To see the position of the Sharia Supervisory Board in Islamic banking, I uses an organizational structure theory approach and fiduciary duty. The conclution is that the Sharia Supervisory Board does not have a position that has an integral coordination relationship with other parts of the Islamic bank organizational structure. This situation has made the Sharia Supervisory Board unable to carry out its functions and roles to the fullest. The author recommends that the Sharia Supervisory Board is one of the company organs that must be included in the Limited Liability Company rules.   
  • INSTITUTIONAL PATTERNS AND INTEGRATED ZAKAH VILLAGE EMPOWERMENT MODELS IN JEMBER

    Universitas Jember; Mahardiyanto, Agus; Fathorrazi, Moehammad; Hardinawati, Lusiana Ulfa (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    The potential for Zakah in Indonesia is quite large. Data from Baznas shows that there are around 286 T per year of Zakah data that can be collected from Indonesian Muslims (Mohd Nasir et al. 2016). From such a large potential, the funds collected in 2018 were only around 8.1 T (BAZNAS, 2019). Apart from the challenges of collecting Zakah, there are also challenges for Zakah distribution.This research attempts to analyze the Institutional Patterns and Empowerment Models found in Zakah villages in Jember Regency. With a qualitative approach to data collection methods through observation, documentation and in-depth interviews with the community, village officials, LAZ, BAZ and also policy makers in this case the Ministry of Religion, Jember. And also Focus Group Discussion (FGD) and then carried out data reduction, data coding and data interpretation. The validity test was carried out by triangulating the data in the hope that the best institutional and empowerment models were obtained for the development of Kampung Zakah in Jember district.Keywords: Institutional, Empowerment, Jember Zakah Village.
  • Amwal Zakat Management: a Case Study in Yogyakarta

    Jailani, Mohammad; Waharjani, Waharjani (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    Based on data obtained in preliminary research at mosques in the Nitikan area of Yogyakarta City, zakat collection from 2013 to 2016 tends to stagnate. While in 2017, 2018, and 2019 it increased quite significantly and even increased sharply. According to the management, the earnings tend to be stagnant, due to the conventional model of zakat management, while the sharp increase in three years is due to the management using the amwal zakat model. So by looking at the initial data, researchers are curious in examining cases of zakat management in mosques in the Nitikan area of Yogyakarta City. This study uses interviews, observation, and documentation as data collection methods and analytical descriptive as data analysis methods. The findings of this study: (1) the management of zakat mal by each mosque takmir under the coordination of the Muhammadiyah Branch Head of Nitikan city of Yogyakarta by collecting assets that must be paid for zakat after the nishab falls, namely amwal (treasures) legally owned by muzakki for at least one year (haul); (2) with the amwal zakat model, not a few people feel capable, have and feel obliged to pay zakat mal after knowing what assets are obligated to be tithe; (3) the excess of zakat mal which is explained by amwal (treasures), is not limited to gold, silver, staple food crops, and animals (camels, cows, and goats, as well as found assets), but all assets that have become the property and legally owned, has been owned for at least one year and reached the nishab equivalent to gold, then the owner is obliged to issue zakat to be paid to the amil zakat. With the amwal zakat model, people feel they have and can pay tithe, but the explanation is not evenly distributed among all congregation members in Nitikan, the preachers have not mastered the issue of amwal zakat; (4) the response of muzakki with the explanation model of amwal zakat as in the conclusion of point 3 above, all muzakki and prospective muzakki feel that they have assets that have been obliged to be tithe and can pay tithe. This can be seen in the range of 2017, 2018, and 2019 the results of zakat collection increased by seventy percent.
  • Millennials' Halal Cosmetic Purchasing: Merely A Way Of Life?

    Fiddarayni, Akfini Farihah; Mardian, Sepky (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    This study aims to determine the effect of financial literacy in managing their income, halal certification listed on the packaging, and halal awareness of the consumer behavior of halal-labeled cosmetics among undergraduate students Depok. The methodology used is quantitative with a causal approach. The main consumers of cosmetic products are undergraduate college students. Data was obtained through filling out a questionnaire and the questionnaire was filled out by 101 female students. The data was processed using Partial Least Squares-Structural Equation Model (PLS-SEM). The level of financial literacy is able to influence their actors in using (halal) cosmetics, but the halal variables related to halal certification and awareness have not been able to become the dominant factors influencing their cosmetic consumption patterns. New products, packaging and the existence of product endorsers are still more of a concern than the existence of a product halal logo.    Penelitian ini bertujuan untuk mengetahui pengaruh literasi keuangan dalam mengelola pendapatan mahasiswi, sertifikasi halal yang tertera pada kemasan, dan kesadaran halal terhadap perilaku konsumen kosmetik berlabel halal di kalangan mahasiswi sarjana di Depok. Metodologi yang digunakan adalah kuantitatif dengan pendekatan kausalitas. Konsumen utama produk kosmetik adalah mahasiswi perguruan tinggi sarjana. Data diperoleh melalui pengisian kuesioner serta kuesioner diisi oleh 101 mahasiswi. Data tersebut diolah menggunakan Partial Least Squares-Structural Equation Model (PLS-SEM). Tingkat literasi keuangan mampu memengaruhi pelaku mereka dalam menggunakan kosmetik (halal), tetapi variabel halal terkait sertifikasi dan kesadaran halal belum mampu menjadi faktor dominan yang memengaruhi pola konsumsi kosmetik mereka. Produk baru, packaging dan adanya endorser produk masih lebih menjadi perhatian dibanding adanya logo halal produk..
  • SETTLEMENT OF CROSS-BORDER SHARIA ECONOMIC DISPUTES THROUGH ARBITRATION FORUM

    Faculty of Law, Universitas Padjadjaran; lita, helza nova (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    In the practice of national and international business contracts, the parties can choose the forum and choice of law that will be used if there is a dispute that occurs in the implementation of the contract. In the resolution of international business disputes, the choice of law chosen can use one of the material law provisions of a particular country, while the choice of forum can choose a particular institution such as the Court, arbitration or other dispute resolution institutions. In practice, the choice of forum for settlement through arbitration is widely used because it is relatively easy and fast. Arbitration institutions are generally used in the resolution of international business disputes. In this article, we will study further about the role of arbitration in the settlement of sharia economic disputes that cross national borders. This is certainly interesting to study because it is related to sharia aspects as well as national and international regulations. The analytical method used is normative juridical, with reference to the provisions of aspects of Islamic law, national law, and international law. In Islamic law, every form of agreement must be obeyed by the parties who make it as long as it does not conflict with sharia principles. In International Civil Law, there is a Choice of Law and Choice of Forum in the resolution of international business disputes. This can also be used by the parties to choose a sharia arbitration forum as a dispute resolution institution in their business which is stated in the contract clauses they have agreed to. Recognition of the implementation of foreign arbitral awards must first have an agreement between countries and the decision does not conflict with public order and the legal provisions of the country where the implementation of the arbitral award is implemented. Keywords: arbitration, cross-border, Sharia.
  • SHARIA INTEGRATION IN HOSPITAL SERVICE: IMPLEMENTATION OF PURITY AND IKHTILATH ASPECT

    Maksum, Muhammad; Wahyuni, Afidah; Hasanah, Latifatul; Farida, Aderina; Fuad, Sahlul (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    Abstract: The implementation of sharia aspects in hospital is in relation to the increasing number of services that must be provided. As a sharia standard, the standard of purity and ikhtilath will lead to the problems regarding its complexity and cost. This is contradicting to the principles of simple, fast and low-cost services. By mapping the opinions of patients and their families, tracing the sharia implementation at home and by making interviews with the Sharia Supervisory Board of hospital, it was found out that the patients and their families have benefited from the implementation of purity and ikhtilath standards. The implementation of the purity standard, however, did not fully have adequate management to confirm the standard fulfilment. Meanwhile, the implementation of ikhtilath standards was strongly determined by the availability of resources and infrastructure in which in certain conditions the implementation of these standards can be neglected. This research has implications for the need for detailed management and guidelines in terms of the implementation of these two standards.
  • Building Religious Humanism Synergy for Developing Halal Tourism Based on Creative Industries in Indonesia

    Perbanas Institute; Saripudin, Saripudin -; Fariana, Andi; Rukmana, Ovalia (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    Indonesia was on the first ranked position as a halal tourist destination in the world in 2019. This is due to Indonesia is known as the country's Muslim majority population and has diverse natural and cultural resources. This potential must be maintained and developed further, including developing creative industries that support halal tourism.   This study aims to develop   halal tourism based on creative industries by employing a religious humanism approach. This could be conducted in an integrated manner to generate awareness from stakeholders in the halal tourism industry. By conducting halal tourism industry, it is expected that behaviour and attitudes of stakeholders will bring positive impact not only to the world, but also in the hereafter. This emphasizes the crystallization of implementing hablum minallah (human interaction with God) and hablum minannas (human interaction with human). Therefore, the research started by searching for various laws and regulations, including the MUI Fatwa (statute approach), subsequently interpreting and analysing the concept of religious humanism; Additionally, several ways and targets can be identified to introduce the concept, instil belief, and ultimately be able to implement it in daily life and on all target sectors to develop a creative industry-based halal tourism in Indonesia .
  • Strategy Analysis Of Waqf Forest Development In Cibunian Bogor

    Asep Nurimam Munandar1, Mukhaer Pakkana2*, Amrizal3*; Munandar, Asep Nurimam (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-12-31)
    This research aims to analyse the waqf forest development strategy carried out by the Waqf Forest Foundation and its implications for the welfare of the people of Cibunian Village and analyse the main priorities of Benefit, Opportunity, Cost and Risk (BOCR). The research method used in this research is descriptive qualitative with an analytical method using the Analytic Network Process (ANP) to determine the results of the main priorities of Benefit, Opportunity, Cost and Risk (BOCR). The study results indicate that the primary priority value of the first strategic aspect is Nazhir's professionalism and competence in knowledge of waqf laws, the second is by making discourses, writings and research, and thirdly, the collected waqf funds are more personal and potential approaches.
  • Optimizing the Role of Cash Waqf Linked Sukuk for State Development

    Anindhita, Aulia Eka; Widana, IGN Oka (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-06-20)
    The Indonesian government has issued retail and non-retail Cash Waqf Linked Sukuk (CWLS). However, the cash waqf collected has not been optimal. This shows that public interests in retail CWLS are still low. Therefore, this study discusses possible ways to increase public interest in retail CWLS and optimize it for state development. Data is obtained from a literature review, interviews, and Focused-Group Discussion (FGD) with informants from the Indonesian Waqf Board (BWI), the Ministry of Finance, and academics. The results show stakeholders can promote CWLS through a social marketing approach. This is in line with the purpose of CWLS products, which is for social programs (non-profit oriented) carried out by the government and voluntary organizations. Furthermore, the design thinking method can be used to optimize the role of CWLS in state developments. Design thinking is a logical, systematic, and creative process that a person takes to experiment, produce ideas and model prototypes, and collect feedback. In this context, public literacy issues should be addressed, and the social programs financed should be formulated.   AbstrakPemerintah menerbitkan CWLS non-ritel dan CWLS retail, namun jumlah wakaf uang yang terkumpul belum maksimal. Ini menunjukkan rendahnya animo masyarakat terhadap produk CWLS ritel. Penelitian ini membahas care meningkatkan minat masyarakat pada produk CWLS ritel dan mengoptimalkan pemanfaatan CWLS dalam pembangunan. Data penelitian ini berasal dari kajian literatur, wawancara, dan Focus Group Discussion, dengan informant dari Badan Wakaf Indonesia (BWI), Kementerian Keuangan, dan akademisi. Hasil penelitian menunjukkan bahwa stakeholder dapat memasarkan produk melalui pengembangan teori pemasaran sosial karena tujuan dari produk CWLS adalah untuk program sosial masyarakat dan dilakukan oleh pemerintah bersama organisasi sektor sukarela. Selanjutnya, untuk mengoptimalkan peran CWLS pada pembangunan negara dapat menggunakan metode design thinking. Design thinking adalah proses logis, sistematis, dan kreatif yang dilakukan seseorang untuk bereksperimen, menghasilkan ide dan model prototipe, serta mengumpulkan umpan balik. Para Stakeholder harus menyelesaikan masalah literasi masyarakat dan pemilihan program sosial yang akan dibiayai terlebih dahulu.
  • Why do Asnaf Entrepreneurs Become Successful? The Role of Intention, Opportunity, and Resources

    Bahri, Efri Syamsul; Ali, Juhary; Aslam, Mohd Mizan Mohammad (Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta, 2022-06-20)
    Qardhawi's opinion on the 2009 zakah disbursement model related to the empowerment of productive aṣnāf has encouraged the development of productive zakah in poverty alleviation. This study aims to examine the effect of intentions, opportunities, and resources on successful aṣnāf entrepreneurs. The method used is the mono method, namely quantitative research. Data was obtained through a survey using purposive sampling. Primary data were examined using the PLS-SEM method and the SmartPLS application. This study found that the intention and opportunity factors had a positive and significant effect on the success of aṣnāf entrepreneurs. Meanwhile, resources have a negative impact on the success of aṣnāf entrepreneurs. This is evidence that the zakah resources given to aṣnāf entrepreneurs must be optimized so that they can have a significant impact. This finding provides recommendations to zakah management entities and policy makers to be able to increase the contribution of zakah funds in poverty alleviation through the aṣnāf entrepreneurial program.  AbstrakPendapat Qardhawi tentang model pencairan zakat tahun 2009 terkait pemberdayaan aṣnāf produktif telah mendorong berkembangnya zakat produktif dalam pengentasan kemiskinan. Penelitian ini bertujuan menguji pengaruh niat, peluang, dan sumber daya terhadap pengusaha aṣnāf yang sukses. Metode yang digunakan ialah metode mono yaitu penelitian kuantitatif. Data diperoleh melalui survei dengan menggunakan purposive sampling. Data primer diperiksa menggunakan metode PLS-SEM dan aplikasi SmartPLS. Penelitian ini menemukan bahwa faktor niat dan peluang berpengaruh positif dan signifikan terhadap keberhasilan wirausaha aṣnāf. Sementara itu, sumber daya berdampak negatif terhadap keberhasilan pengusaha aṣnāf. Hal ini menjadi bukti bahwa sumber daya zakat yang diberikan kepada pengusaha aṣnāf harus dioptimalkan agar mampu memberikan pengaruh signifikan. Temuan ini memberikan rekomendasi kepada entitas pengelola zakat dan pengambil kebijakan agar mampu meningkatkan kontribusi dana zakat dalam pengentasan kemiskinan melalui program wirausaha aṣnāf. 

View more