Search

Isu krusial mengenai inklusi sosial melalui pemanfaatan zakat, khususnya dalam konteks meningkatkan keadilan bagi kelompok ar-Riqob, yaitu masyarakat yang berada dalam situasi kurang beruntung. Tujuan dari penelitian ini adalah analisa zakat dapat menjadi sebuah strategi yang berhasil menciptakan kesadaran sosial dan mencapai keadilan bagi komunitas ar-riqob. Untuk mengkaji, menganalisis, dan membandingkan bidang-bidang yang dipelajari oleh para peneliti di bidang inklusi sosial melalui pemanfaatan zakat, penelitian ini menggunakan teknik kualitatif dalam bentuk penelitian kepustakaan untuk mensurvei literatur lebih dari 30 makalah yang relevan dengan inklusi sosial dalam konteks meningkatkan keadilan bagi kelompok ar-Riqob melalui pemanfaatan zakat.. Survei ini mencakup rekomendasi dan saran serta beberapa karya teoretis selain penyelidikan empiris dan analisis komparatif. Sedangkan hasil penelitian ini adalah zakat memiliki potensi besar sebagai alat yang dapat membantu mewujudkan inklusi sosial bagi ar-riqob. Namun, dalam implementasi dibutuhkan upaya bersama dari berbagai pemangku kepentingan dan kerja sama erat antara pemerintah, lembaga filantropi, dan masyarakat sipil untuk memastikan distribusi zakat yang efektif dan transparan.

The low level of market share of Islamic banks continues in Indonesia despite having a large potential customer base as the most populated Muslim country in the world. This study analyses two factors related to marketing of Islamic banking in Indonesia, namely educating customers and service fairness. This research was conducted in Jakarta with a sample of 200 people. This study employs Structural Equation Model (SEM) using AMOS software. The study found that service quality has a significant and positive impact on customer satisfaction but does not have a significant impact on customer loyalty. The study also found that educating the customer has a negative significant impact on customer satisfaction, which means that as more customers learn about Islamic banking, the higher their dissatisfaction. Furthermore, educating the customer also has no significant effect on customer loyalty. This study shows that Islamic banks in Indonesia have not been able to build the loyalty of its customers. Based on the findings of this study, it is recommended that Islamic banks in Indonesia should re-evaluate and improve their marketing strategies primarily in terms of educating their customers.

Islamic home financing in Islamic financial institution hitherto remains an arduous to resolve as it contains many issues. One of the main issues is interest benchmarking that inseparable part of banking system. Amid this reality, many Islamic financial institutions ignored the existence of Islamic social funds to mobilize the funds and hence ameliorate the affordability of low income family to purchase a house. This paper therefore aims to explore the untapped potentials of Islamic social funds such as waqf, Shodaqah and infaq to mobilize funds and create more affordable house for low income families. This paper undertakes library review as qualitative approach to strengthen the discussion. This paper concludes that the synergy between Nazir of social funds and Islamic micro finance institution able to produce Islamic social funds to be utilized to help low income family afford to purchase a house. This paper implies practically on the expected remarkable growth of Islamic micro finance institution offering Islamic home financing using Islamic social funds approach.

Purpose This paper aims to propose a new pricing alternative called Rental Rate Index (RR-I) that captures the true value of property to be used by Islamic banks in Musharakah Mutanaqisah (MM) contract for home financing. Design/methodology/approach By formulating a profit rate based on Rental Index (RI) and House Price Index (HPI), the proposed rate eliminates conventional profit rate benchmarking, and, at the same time, suggests a fair, equitable and sustainable financing.This new RR-I (measured by RPI/HPI) enables computerization of the MM system in home financing to be easily implemented.A financial simulation is developed to demonstrate the feasibility of this newly proposed rate. Findings This newly proposed RR-I is found to be more stable, having less fluctuations, resilient to macroeconomic conditions and yet comparable to the conventional interest rates, without depending on them. It can also be regarded as a rate that is fair and sustainable to both the customer and the bank, as it measures the actual rate of return to both parties in MM contract.Research limitations/implications The paper confines one contract, namely, MM, as it is claimed to be more Shariah-compliant than others.Practical implications The finding also sheds some light on the recommendation by Bank Negara Malaysia, which is to consider RR that is more indicative of the actual rental price while taking into account the competitiveness of the product. (BNM, 2007). Social implications This paper wreaks customer patronage in selecting the contract of home financing.Originality/value This paper attempts to resolve the issue of benchmarking RR to the conventional interest rate in the MM contract. Studies conducted on this issue via simulation approach are meager.