Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin

The zakat micro-entrepreneurs (ZME) programs aim to improve mustahiq’s (beneficiaries) standard of living and well-being. Its effectiveness depends on mustahiq’s wisdom in managing finances. The objective of this study is to conceptually discuss on the development of an impact-focused framework for...

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Main Authors: Joremi, Leylawati, Muda, Ruhaini, Kamaruddin, Juliana Noor
Format: Article
Language:English
Published: Universiti Teknologi MARA 2021
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Online Access:https://ir.uitm.edu.my/id/eprint/49520/1/49520.pdf
https://ir.uitm.edu.my/id/eprint/49520/
http://myjms.mohe.gov.my/index.php/ABRIJ/issue/view/1190
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spelling my.uitm.ir.495202022-07-04T07:34:10Z https://ir.uitm.edu.my/id/eprint/49520/ Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin Joremi, Leylawati Muda, Ruhaini Kamaruddin, Juliana Noor Financial management. Business finance. Corporation finance Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure The zakat micro-entrepreneurs (ZME) programs aim to improve mustahiq’s (beneficiaries) standard of living and well-being. Its effectiveness depends on mustahiq’s wisdom in managing finances. The objective of this study is to conceptually discuss on the development of an impact-focused framework for the mustahiq using the financial management practices (FMP) as a quality intervention program. The research framework of this study is built on the Theory of Change and Logic Model that posited quality of intervention contributes to a series of outcomes and intended impact. This study discusses three propositions. First, the best FMP as a quality intervention for the ZME. Second, a social impact measurement framework for ZME programs and third, the description of the data collection application using mixed-methods for the proposed framework. The outcomes of this study will benefit zakat institutions in evaluating the effectiveness of zakat funds in improving the well-being of the mustahiq. Universiti Teknologi MARA 2021-05 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/49520/1/49520.pdf Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin. (2021) Advances in Business Research International Journal, 7 (1): 5. pp. 159-169. ISSN 2462-1838 http://myjms.mohe.gov.my/index.php/ABRIJ/issue/view/1190
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Financial management. Business finance. Corporation finance
Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
spellingShingle Financial management. Business finance. Corporation finance
Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
Joremi, Leylawati
Muda, Ruhaini
Kamaruddin, Juliana Noor
Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin
description The zakat micro-entrepreneurs (ZME) programs aim to improve mustahiq’s (beneficiaries) standard of living and well-being. Its effectiveness depends on mustahiq’s wisdom in managing finances. The objective of this study is to conceptually discuss on the development of an impact-focused framework for the mustahiq using the financial management practices (FMP) as a quality intervention program. The research framework of this study is built on the Theory of Change and Logic Model that posited quality of intervention contributes to a series of outcomes and intended impact. This study discusses three propositions. First, the best FMP as a quality intervention for the ZME. Second, a social impact measurement framework for ZME programs and third, the description of the data collection application using mixed-methods for the proposed framework. The outcomes of this study will benefit zakat institutions in evaluating the effectiveness of zakat funds in improving the well-being of the mustahiq.
format Article
author Joremi, Leylawati
Muda, Ruhaini
Kamaruddin, Juliana Noor
author_facet Joremi, Leylawati
Muda, Ruhaini
Kamaruddin, Juliana Noor
author_sort Joremi, Leylawati
title Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin
title_short Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin
title_full Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin
title_fullStr Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin
title_full_unstemmed Enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / Leylawati Joremi, Ruhaini Muda and Juliana Noor Kamaruddin
title_sort enhancing financial management practices for zakat micro-entrepreneurs in the new normal through impact- focused framework: a conceptual paper / leylawati joremi, ruhaini muda and juliana noor kamaruddin
publisher Universiti Teknologi MARA
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/49520/1/49520.pdf
https://ir.uitm.edu.my/id/eprint/49520/
http://myjms.mohe.gov.my/index.php/ABRIJ/issue/view/1190
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score 13.211869