Productive Zakat Model for Micro-Entrepreneur Development

There are 56.4 million micro and small businesses (MSEs) in Indonesia, as many as 30% have accessed financing. Meanwhile, as many as 70% do not have access to bank financing. It is because micro-entrepreneurs have no guarantees, and there is a perception of a high-risk profile. As a result, micro-en...

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Main Authors: Efri Syamsul, Bahri, Mohd Mizan, Mohammad Aslam, Hendro, Wibowo
Format: Conference or Workshop Item
Language:en
Published: 2019
Online Access:http://ur.aeu.edu.my/977/1/ProductiveZakatModelforMicro-EntrepreneurDevelopment-EfriSyamsulBahri.pdf
http://ur.aeu.edu.my/977/
https://www.researchgate.net/profile/Efri-Syamsul-Bahri/publication/346612941_Productive_Zakat_Model_for_Micro-Entrepreneur_Development/links/5fd2b8ae92851c00f8661e80/Productive-Zakat-Model-for-Micro-Entrepreneur-Development.pdf
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author Efri Syamsul, Bahri
Mohd Mizan, Mohammad Aslam
Hendro, Wibowo
author_facet Efri Syamsul, Bahri
Mohd Mizan, Mohammad Aslam
Hendro, Wibowo
author_sort Efri Syamsul, Bahri
building AEU Library
collection Institutional Repository
content_provider Asia e University
content_source AEU University Repository
continent Asia
country Malaysia
description There are 56.4 million micro and small businesses (MSEs) in Indonesia, as many as 30% have accessed financing. Meanwhile, as many as 70% do not have access to bank financing. It is because micro-entrepreneurs have no guarantees, and there is a perception of a high-risk profile. As a result, micro-entrepreneurs' conditions have not changed, they are still in poor condition, and their businesses are underdeveloped. Productive Zakat becomes a solution for the development of micro-entrepreneurs. This study describes how the micro-entrepreneurship development model is implemented by the National Board Zakat (BAZNAS). This research is a qualitative method and using a descriptive approach and a literature study. The results showed that the BAZNAS micro-entrepreneurship development model was carried out through the BAZNAS Institute of Mustahiq Economic Empowerment (LPEM) with programs namely: Mustahiq entrepreneurs and Z-Mart. Productive Zakat is distributed to micro-entrepreneurs in capital, training, assistance, and product development. Productive Zakat for microentrepreneurs' development can increase the income of micro-entrepreneurs by 48.49% from IDR 4,404,911.00 before receiving zakat funds to IDR 6,540,746.00.
format Conference or Workshop Item
id my-aeu-eprints.977
institution Asia e University
language en
publishDate 2019
record_format eprints
spelling my-aeu-eprints.9772022-11-01T01:08:03Z http://ur.aeu.edu.my/977/ Productive Zakat Model for Micro-Entrepreneur Development Efri Syamsul, Bahri Mohd Mizan, Mohammad Aslam Hendro, Wibowo There are 56.4 million micro and small businesses (MSEs) in Indonesia, as many as 30% have accessed financing. Meanwhile, as many as 70% do not have access to bank financing. It is because micro-entrepreneurs have no guarantees, and there is a perception of a high-risk profile. As a result, micro-entrepreneurs' conditions have not changed, they are still in poor condition, and their businesses are underdeveloped. Productive Zakat becomes a solution for the development of micro-entrepreneurs. This study describes how the micro-entrepreneurship development model is implemented by the National Board Zakat (BAZNAS). This research is a qualitative method and using a descriptive approach and a literature study. The results showed that the BAZNAS micro-entrepreneurship development model was carried out through the BAZNAS Institute of Mustahiq Economic Empowerment (LPEM) with programs namely: Mustahiq entrepreneurs and Z-Mart. Productive Zakat is distributed to micro-entrepreneurs in capital, training, assistance, and product development. Productive Zakat for microentrepreneurs' development can increase the income of micro-entrepreneurs by 48.49% from IDR 4,404,911.00 before receiving zakat funds to IDR 6,540,746.00. 2019 Conference or Workshop Item PeerReviewed text en http://ur.aeu.edu.my/977/1/ProductiveZakatModelforMicro-EntrepreneurDevelopment-EfriSyamsulBahri.pdf Efri Syamsul, Bahri and Mohd Mizan, Mohammad Aslam and Hendro, Wibowo (2019) Productive Zakat Model for Micro-Entrepreneur Development. In: 3rd International Zakat, Waqf and Islamic Philanthropy (ZAWFI) 2019, 30 & 31 Oktober 2019, Dewan Muktamar ACIS, UiTM Shah Alam, Selangor, MALAYSIA. https://www.researchgate.net/profile/Efri-Syamsul-Bahri/publication/346612941_Productive_Zakat_Model_for_Micro-Entrepreneur_Development/links/5fd2b8ae92851c00f8661e80/Productive-Zakat-Model-for-Micro-Entrepreneur-Development.pdf
spellingShingle Efri Syamsul, Bahri
Mohd Mizan, Mohammad Aslam
Hendro, Wibowo
Productive Zakat Model for Micro-Entrepreneur Development
title Productive Zakat Model for Micro-Entrepreneur Development
title_full Productive Zakat Model for Micro-Entrepreneur Development
title_fullStr Productive Zakat Model for Micro-Entrepreneur Development
title_full_unstemmed Productive Zakat Model for Micro-Entrepreneur Development
title_short Productive Zakat Model for Micro-Entrepreneur Development
title_sort productive zakat model for micro-entrepreneur development
url http://ur.aeu.edu.my/977/1/ProductiveZakatModelforMicro-EntrepreneurDevelopment-EfriSyamsulBahri.pdf
http://ur.aeu.edu.my/977/
https://www.researchgate.net/profile/Efri-Syamsul-Bahri/publication/346612941_Productive_Zakat_Model_for_Micro-Entrepreneur_Development/links/5fd2b8ae92851c00f8661e80/Productive-Zakat-Model-for-Micro-Entrepreneur-Development.pdf
url_provider http://ur.aeu.edu.my/