International Journal of Islamic Business and Management Review

The Effectiveness of Productive Zakat Distribution to Providing Sustainable Benefits for Mustahik in Sungai Penuh City

Helfenta Helfenta — 2025-06-01

Productive zakat is the allocation of zakat money to beneficiaries (mustahik) which is used to develop their business to meet their daily needs sustainably and is not directly used for consumption needs. The problem in this research is how the productive zakat distribution in BAZNAS Sungai Penuh City? Has the distribution productive zakat in BAZNAS Sungai Penuh City been effective? and has the distribution of productive zakat in BAZNAS Sungai Penuh City provided sustainable benefits for mustahik? On the previous studies, researchers only measured the level of effectiveness, while in this study productive zakat is said to be effective if it can provide sustainable benefits for its recipients. This research uses quantitative and qualitative methods. The quantitative method uses the allocation-to-collection ratio to measure the productive zakat distribution. While the qualitative methods uses an interview. The object used in this study is the BAZNAS Sungai Penuh City financial statement from 2019 to 2023. The result of this study indicates that the effectiveness of productive zakat distribution in BAZNAS Sungai Penuh City continues to decline from 2019 to 2023 in a very effective category, but decreasing to quite effective with an ACR percentage of 132% – 53,8%. It can be concluded that mustahik still felt the sustainability of the benefits of the productive zakat program business capital assistance provided by Baznas Sungai Penuh City. In the research data, it can be concluded that Mustahik continues to benefit from the zakat assistance provided by BAZNAS Sungai Penuh City until now.

The Cashless Society Trend: Examining the Influence of e-wallet Usage among Generation Z

Siti Sopiyah — 2025-06-04

Digital transformation in the era of industrial revolution 4.0 has brought about new phenomena in people's lifestyles, including the shift towards a cashless society. The implementation of social and physical restriction policies has made consumers shift their shopping activities to e-commerce platforms and use digital payment services (e-wallets) more intensively. based on research, mobile banking users are more from Generation Z than Millennials. Young consumers are usually early adopters of technology and can be more innovative. Sometimes Generation Z is more worried about losing their mobile phones than their wallets because almost all transactions can now be done digitally. By using quantitative research techniques with purposive sampling method, the number of samples was 150 respondents with SEM PLS. The results of this study indicate that perceived usefulness, and perceived risk have a positive and significant effect on interest in using e-wallets in Generation Z. Meanwhile, perceived convenience, trust and social influence have no significant effect on interest in using e-wallets among Generation Z.

Effect of Credit Risk Management on The Growth of Umurenge Saccos In Rwanda

Eliab Byamukama Mpora — 2025-06-12

The study established the effect of credit risk management on the growth of Umurenge SACCOS in Kigali City and the Eastern province sectors in Rwanda. Credit Risk Management was operationalized as credit risk analysis, monitoring, and risk mitigation, while growth was operationalized as Member growth, member satisfaction, and Operational efficiency. This study adopted a quantitative approach, and quantitative data were collected using Self-administration. A sample size of 84 participants was obtained using the Krejcie and Morgan 1970 table for sample determination. The findings indicate that the majority of the respondents were male, aged 31–40 years, accounting for 60.7%, and Female, 39.3%. The majority of employees are bachelor's degree holders, accounting for 54.8%, and the Secondary school level is 40.5%. The results indicate that the independent variable has a positive high correlation to the dependent variable (equal to .985** and the p-value is .000, which is less than 0.01). The limitations include bias from the respondents and the study being conducted in only Umurenge SACCO’S in Rwanda in a few Sectors this, generalizes results difficult. Managers should establish strategies and prioritize risk management practices by implementing policies in place. The findings contribute to the literature on credit risk management in terms of the Central Bank of Kigali. The study also recommends that policymakers in the financial sectors develop guidelines on how SACCOs can go about managing credit risk as credit risk management to be able to enhance the growth of wealth in SACCOs. Previous similar research only studied how credit risk management affects loan performance and the growth of SACCOs in general and particularly in other countries. The ones carried out in Rwanda did not look at Umurenge SACCO’s growth

Analysis of the Effectiveness of Bank Merger Profitability

Anom Fajar Puji Asmoro — 2025-06-09

The purpose of this study is to analyze post-merger profitability, company value growth throughsustainable growth rateand supporting factors for mergers, financial feasibility pre-merger and acculturation of work culture at Bank Syariah Indonesia. The population in this study was quarterly financial reports.legacy(BNIS, BRIS, and BSM) for the period 2017 - 2020 and BSI quarterly financial reports for the period 2021 - 2024 and in-depth interviews with 3 BSI employees with different legacy backgrounds. The method used is the approachmixed methodswith typeconvergent parallel design. The quantitative results obtained show significant differences in ROA, ROE, NPM and SGR before and after the merger. While qualitatively, the financial feasibility analysis of legacy banks shows that all three legacies are in the healthy bank category, while the interview results related to work culture show the integration of legacy culture, similarity of vision and mission and merging into BSIone culture.