The technological development in the financial industry has been significant to Indonesia’s social finance sector, for example; zakat institutions. The recent debates among academics, industry professionals and other related zakat stakeholders have addressed the notion of zakat and technology. Hudaefi et al. (2019) have addressed the way a zakat institution has been adaptive to the technological changes by presenting relevant evidence from the context of Indonesia. It is explained that the recent fintech development in the country has been advantageous for the social finance industry, such as zakat institutions. Such institutions have been engaging with fintech firms to leverage the online channels for zakat collection.
In time the growing phenomenon of technological management adoption in zakat institutions, the new coronavirus diseases (COVID-19) has been spreading worldwide recently. This pandemic has been creating significant challenges for zakat administration worldwide. Such challenges demand the role of zakat in facing COVID-19 consequences. The topic of zakat, technology and COVID-19 has thus become a new arena among the experts for discussions.
The term ZakaTech is thus introduced in the 4th International Conference of Zakat (The 4th ICONZ). ZakaTech refers to the use of technology in the management of zakat institutions. The digital transformation in critical aspects of zakat institutions management is predicted to realise the contribution of zakat to inclusive development, notably in the unprecedented time of COVID-19.
Moreover, even zakat functions as religious worship performed by Muslims, its nature may be synonymous with the social fund in the universal boundaries. Hence, in the current practice, zakat has been discussed upon its potentiality in financing the global call of the United Nations Development Programme’s (UNDP) sustainable development goals (SDGs) 2030.
Furthermore, Indonesia’s Zakat Outlook 2020 highlights the opportunities and challenges for zakat management upon being adaptable to the related issues of scholarly discourse in the global level, such as the notion of circular and blue economy. In the recent outbreak of COVID-19, many of online web-series have been conducted addressing the role of zakat in facing the virus’ consequences.
From the above elaboration, therefore, the 4th ICONZ aims to address the challenges faced by zakat institutions from both technical and fundamental aspects related to the practice of zakat management in this so-called digital era, during COVID-19 outbreak and in the new normal period of COVID-19.
*to be confirmed
PARTICIPANTS
This conference aims to invite the participants whose backgrounds are:
- The employers and employees of Zakat institutions from both local and international,
- Academics include lecturers and students (both undergraduates and postgraduates),
- The officers and staffs from the related government agencies,
- The stakeholders from Non-Governmental Organizations (NGOs), and
- Other related stakeholders of Zakat.
ORGANIZERS
- The Ministry of Religious Affairs, Republic of Indonesia (Kemenag)
- The National Board of Zakat Republic of Indonesia (BAZNAS) – Center of Strategic Studies (Puskas BAZNAS), Jakarta
- Universitas Airlangga (UNAIR), Faculty of Economics and Business, Department of Islamic Economics, Surabaya, East Jawa
- Trisakti University, Center of Financial Inclusion, Jakarta
PUBLICATION OPPORTUNITIES
Papers submitted to the 4th ICONZ has potential publication with:
• The International Journal of Zakat (IJAZ – Puskas BAZNAS)
• Indonesian Management and Accounting Research (IMAR – Trisakti)
• Jurnal Ekonomi Bisnis Islam (JEBIS – UNAIR)
CONTACT:
The 4th ICONZ Committee +62 812 9862 3885
With the theme ‘ZakaTech for Inclusive Development’, the 4th ICONZ welcomes the manuscripts that cover, and not limited to, the following topics:
- Zakat management in facing the COVID-19 consequences. The manuscripts submitted may cover the followings:
- Case studies from a zakat institution concerning its practices of zakat collection and distribution during the pandemic COVID-19.
- A qualitative study that explains the innovation of a zakat institution in tackling the COVID-19 consequences.
- Other relevant topics.
- The recent technology-based practice of zakat collection and distribution. The manuscripts submitted may cover the followings:
- Shariah related issues in digital zakat management.
- A case study from zakat institutions in adopting the technology.
- Qualitative work explaining the history of a zakat institution in digitalising its management.
- Quantitative study investigating the impact of technology use in zakat administration.
- And other related topics.
- The fundamental issue of Shariah-compliance for zakat institutions. The papers submitted may concern:
- Constructing a conceptual framework of Shariah-compliance for zakat institutions.
- Defining the fundamental of Shariah risk and other related risks in the context of zakat institution.
- Exploring the potential risks caused by the implementation of technology and the conceptual framework to mitigate them.
- Proposing the framework of shariah audit for zakat institutions.
- A case study using the existing shariah audit framework for zakat institutions issued by an official agency and its potential for improvement.
- And other related issues.
- The role of zakat institutions in responding to the global issues that relate to the fundamental of zakat. The articles submitted may address the followings:
- Women studies with particular relation to the utilisation and or distribution of zakat.
- The role of zakat in empowering underprivileged community, particularly disabled people
- Zakat and sustainable development goals (SDGs) 2020.
- Zakat and circular economy.
- Zakat and blue economy.
- Zakat and climate changes.
- And other related topics.
- The performance of zakat institutions. The works submitted may cover:
- A case study measuring the performance of zakat institution using the National Zakat Index (NZI).
- The impact of zakat on the Mustahik’s welfare.
- The financial performances of zakat institutions.
- A conceptual benchmark to measure the performance of zakat institution.
- The contemporary issues related to the management of zakat. The articles may address the following:
- The relevance of ‘Zakatnomics’ concept for the current economic landscape.
- The definition and potential of Muzakki millennials.
- Zakatable issues in the capital market.
- The literacy ability of zakat knowledge among the Muzakki.
- Zakat issues in a pension fund.
- And other relevant topics.
- Accounting issues of Zakat institution. The manuscripts may cover the followings:
- The relevance of Zakat Core Principles (ZCP) in accounting issues of zakat institution.
- Financial information disclosure.
- AAOIFI standard and PSAK109 for zakat accounting.
- Case study financial reporting of zakat institution across different countries.
- Harmonisation of the existing financial reporting standards.
The conference proceeding is available online and indexed by
The accepted and selected papers will have opportunity to be published in the following journals:
- The International Journal of Zakat (IJAZ – Puskas BAZNAS)
- Indonesian Management and Accounting Research (IMAR – Trisakti)
- Jurnal Ekonomi Bisnis Islam (JEBIS – UNAIR)